Finding quality CBD at the best price is crucial for new or returning CBD users. Here, we offer a full price breakdown so that you become a CBD pricing expert.
Full spectrum CBD costs, on average, $0.104 per milligram. Of course, CBD is often sold with more than one milligram, so you’ll have to do a little math to figure out exactly what kind of price you’re getting, which we’ll explain how to do if you read on.
Also, keep in mind that the price may vary depending on certain factors. That’s why we’ll do a deep dive into the cost of full spectrum CBD oil, and where you can find it. After reading, you should be well-equipped to purchase the best CBD at the best price.
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On average, full spectrum CBD is priced at $0.104 per milligram. According to the CBD Examine, the market prices range between $0.015 to $0.800. Understanding the basic retail price of a product per milligram is the best way to understand if you’re getting your money’s worth. Without that, it can be easy to feel taken advantage of by retailers who markup their products unnecessarily.
If you notice a CBD company at the higher end of that price range, ensure that they also offer the following perks:
So, how do you figure that out for yourself?
There’s an easy way to find out if you’re getting enough bang for your buck. The method is this: divide the price of your CBD oil by the number of milligrams listed. For example, if your CBD oil is priced at $40 and contains 1200 mgs, you’re paying $0.033 per mg. That seems to sit well within the average range for full spectrum products.
There are even products listed for $0.800 per mg, that is far above the average price, and does not necessarily mean you’re getting a better product. You might see examples of this if you’re looking for low priced CBD. For example, a \$20 bottle of full spectrum CBD oil containing 25 mgs is probably not of good value.
So, the next question becomes: how do you know you’re getting a high quality product?
Let’s take a bottle of CBD oil that contains 2400 mgs, and assess the average price based on the quality of the product.
In many cases, companies that grow smaller batches of CBD do so with care, and quality assurance. These are the types of products you’ll likely find online, with companies who specialize in CBD products, because they’ll have more flexibility with ingredients, and tender methods for manufacturing. Companies like these will also likely be transparent with their growth methods, and be able to give you specific information about the plant from which the product came from, where it was grown, and when it was bottled. This type of information can be a helpful insight into the quality of the CBD. In this circumstance, a 2400 mg bottle of full spectrum CBD oil will probably be priced between $70-$130. That’s approximately $0.04 per mg. The items might be priced a bit higher than average, but you’ll know exactly why. For example, this CBD oil by FABCBD is $129 with 2400 mgs. That’s about $0.05 per mg – expensive, but still a good deal.
The average price of standard full spectrum CBD oil will probably be the closest to your overall average price of CBD. These types of products are manufactured with the same, standardized ingredients, and mass produced by grandfather companies that likely produce other, related items. For example, this CBD oil by Industrial Farms costs $25 with 2500 mgs. That’s $0.01 per mg. A better economic deal, probably because they sell their products in bulk.
On the lower end of the quality spectrum, you’ll find CBD oil products that are under regulated and sold particularly in places like gas stations. This is where you’ll see the example we previously mentioned: a $20 bottle of CBD oil containing 25 mgs, therefore priced at $0.80 per milligram. Therefore, the product seems cheaper, but the cost per milligram of CBD is dishonestly high, and you probably won’t reach the desired effects of the drug.
For the best value possible, pay close attention to the relationship between the product price, and how many milligrams it consists of.
Full spectrum CBD will almost always be more expensive than broad spectrum CBD, or CBD isolate. For example, the average cost of broad spectrum CBD per milligram is approximately $0.090, and the average cost of CBD isolate per milligram is $0.075, compared to $0.104 for full spectrum CBD per milligram.
Of course, what makes full spectrum CBD stand out is the THC component. Most CBD products will contain no THC, while full spectrum CBD contains (on average) 0.3% of THC. The presence of THC along with the range of cannabinoids in this particular type of product is what gives “full spectrum” its categorical name.
Price is important. Now that you have a good grasp on how your CBD oil should be priced, let’s talk about what else is important to consider when selecting a full spectrum CBD oil product.
If you really know what a low quality CBD oil looks like, there are certain indicators that make it easy to spot.
There are a lot of online companies that sell quality CBD. Our favorite full spectrum CBD oil company is FAB CBD.
FAB CBD offers a wide range of CBD oils, with flavors such as: citrus, mint, natural, berry, vanilla; and strengths ranging from 300mg, 600mg, 1200mg, and 2400mg. FAB CBD is transparent about their products’ ingredients, potency, origin, and third party lab involvement. Their CBD oil is priced between $39-$129 depending on quantity, and with 972 reviews, customers agree that FAB CBD oil is a quality purchase.
With FAB CBD, you can also enjoy 15% off your first order, with free worldwide shipping on any order of $99+.
If you’re strictly looking for a low price– Industrial Hemp Farms offers some of the best prices in the entire industry.
Industrial Hemp Farms offers full spectrum CBD oil priced between $20 (for 1000mg) to $74 (for 10,000mg). They provide similar transparency with the product certification, and supplemental facts, and also offers a variety of flavors, and purchase options.
As your full spectrum CBD knowledge continues to evolve, you’ll want to pay attention to the market and how it changes over time. For example, the CBD Examiner reported that between 2019 to 2020, CBD retail prices dropped 37.7%, with the previous average cost per milligram resting at $0.16.
In 2019, the value score for “best quality” of full spectrum CBD per milligram was reported at $0.0870<, while in 2020, the value score for “best quality of full spectrum CBD per milligram” is now reported to be $0.060<.
Stay ahead of the curve, the more you know about what’s going on in the CBD market, the more prepared you’ll be to find the best quality product, for the best market value price.
Follow our page to stay informed, and to expand your knowledge about all things CBD.
I was born with Cystic Fibrosis, and although it is incurable, cannabinoids have been allowing me to live my life as a healthy adult now for years. For that reason, I’ve dedicated my career to spreading the good news about cannabinoids. Currently, I work for a cannabis distribution company called Humble Cannabis Solutions which operates in California. Previously, I worked on two cannabis farms in northern California, one of which was located in the famous Humboldt County. I’ve also managed a medical cannabis delivery service in Marin County, California. I created CBD Facilitator to share what I’ve learned, and to recommend the best products that I have found in this chaotic market.
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