CBD is becoming an increasingly popular solution for all manner of things with new studies being released regularly for CBD. One challenge which is still being addressed is the discrepancy between CBD products, with the market full of competing brands and products boasting wildly different price points.
The fact is, CBD is everywhere - but that doesn’t necessarily make it any easier to know what to buy, where from, and how much you should be paying.
In this blog post, we aim to delve deeper into some of the differences between cheap and expensive CBD, so that you know exactly what you’re paying for.
Why is CBD so expensive?
The main reason why CBD is so expensive is that the process required to extract and process it is long winded and complicated.
Growing the cannabis plant is the first stage of the process, and this in itself is no mean feat. With its own farming demands and the simple but debilitating obstacle which sees the growth of the cannabis plant illegal in many countries around the world, there are only certain places where the plant can be grown - and that leads to the added cost of importation.
Importation requires the plant to be processed and checked by the government and transported from its country of origin through to the country looking to process it. From there, the plant needs to be manufactured into the products you see on the market, mainly in the form of CBD oils, gummies, and balms.
Part of this process includes purifying the end product before testing and finally packaging the product. All of this makes CBD not only expensive to make but difficult to get your hands on - and this adds to its value as a scarce commodity.
What’s the difference between cheap and expensive CBD?
The main difference between a CBD product which is cheap and one which is expensive lies in the quality of the product and its safety. Cheap products may be be made without the same quality checks and without the proper purification process in place - saving the manufacturer money but costing the end user in terms of safety and the assurance of quality.
Another factor to consider is that if a manufacturer can afford to charge cheap prices, they may be skating over some of the legal requirements. We have already touched on the growing environment required to produce cannabis plants, with certain temperatures ideal for the growing process and the plant requiring specific care.
Outside of specialised growing labs, these conditions are only possible in certain locations - referring back to the importing costs. For those businesses in the UK, there are only a certain number of licensed and approved growers that manufacturers can work with, which limits the amount of product that can be produced. Those who do not undergo the same legal checks will be able to produce CBD products more cheaply, but these products will not be legally approved.
The other cost of CBD
As well as the financial considerations of CBD products, consumers should be aware of the public stigma which still exists. While legal products exist and there are continuous studies being done and people need to understand the importance of education around CBD and its use.
Is CBD right for you?
Now is a great time to get on board and start educating yourself on CBD oil - and why the top quality products on the market come at such a hefty price.
Here at PharmaHemp, we are committed to sharing the true value of CBD beyond the price tag, helping consumers from all walks of life embrace CBD for the life enhancing product it can be.
If you're looking to learn more, be sure to check out PharmaHemp blog — our dedicated hub of research-based articles and insights related to CBD.