If you haven’t noticed, the new craze that’s been sweeping the United States over the course of the past few years is CBD. It’s hard to walk up to any city block without seeing a sign in some store window for CBD products. It’s a true phenomenon!
If you’re new to CBD, there’s no need to feel behind. Many people are just now putting their feet in the water in terms of cannabis-based products. There are many things you may want to learn about before purchasing your first few CBD products.
For example, how much does CBD cost? What kind of prices should you prime yourself to expect? Read on and we’ll walk you through everything that you need to know.
What Is CBD?
Let’s start with the basics. CBD, which is short cannabidiol, a component found in the cannabis plant. Yes, that is the exact same cannabis plant that marijuana is taken from.
However, unlike marijuana, CBD does not contain THC. That means it is nonpsychoactive and will not get you ‘high’ as marijuana does. There is no high associated with taking CBD.
CBD is a totally legal substance. In all states across the United States, you are allowed to buy and sell CBD products. This is part of the reason that products containing CBD have become so popular.
What do people turn to CBD for? They turn to it for many of the benefits that others would get from medical marijuana. CBD is often used to help relieve pain, relax nerves, calm anxiety, and bring down swelling.
Those with any number of physical or mental issues tend to find some sort of relief when embracing CBD products.
In addition, many people find that day to day activities can benefit from the use of CBD. It could help you get through a hard day of work or help to improve your love life. There’s much you might need to know about the uses of CBD before deciding where to use it in your daily routine.
Products containing CBD also come in many forms, from edibles to oils, to drops, and more. Anyone and everyone should be able to find the kind of CBD product that best suits them with little to no trouble.
How Much Does CBD Cost?
Okay, so now you’re familiar with the ins and outs of CBD. How much do you need to pull out of your bank account if you want to enjoy some of these products on a regular basis?
There isn’t any easy answer to that question as the cost of these kinds of products can vary greatly depending on a number of factors. The product type, amount of CBD, and the strength of the strain can all contribute to an asking price.
For example, a shop selling CBD might sell different varieties of CBD oil. Even within these varieties, you might find bottles in sizes ranging from 10mL up to 60 mL. That’s a lot of different options!
The perceived quality of the CBD used as well as the branding of these products will have an impact on the price you will end up paying.
Understanding Potency
When it comes to price, the element that is going to have the biggest impact on what you will pay is the potency of the product.
What is potency? In short, it is the strength of the CBD product that you are purchasing. The stronger a product is, the better it will likely treat the symptoms you are taking it for.
This is an important distinction to make as it can help you decide how much you actually need to spend. If you have minor symptoms or just want to embrace a general level of health? You likely don’t need as potent of a product.
However, if you are suffering from extreme chronic pain or crippling anxiety? If you’re going to turn to CBD, you might need a high potency product to help get you over the hump of these issues.
The worse your issue is, the more likely you will pay more for a stronger CBD product. In this way, price is more correlated with the extremity of the symptoms that you are personally facing.
Third-Party Testing
Another important area to note? Third-party testing. It is worth looking at the cheaper CBD products you are considered to see if they can ensure to you that their product is perfectly safe.
It costs brands to have their product tested, which means those who are certified by a third party might charge a little extra for their product. However, it is worth noting that you might feel a lot safer using a product that has been tested in this manner.
Is the bargain buy really worth the risk? That’s up to you to decide.
Average CBD Cost
What kind of prices should you be looking out for, all of this considered? The easiest way to determine the value of a CBD product is to divide the price by the mg of CBD within it.
How much are you paying per mg? This will allow you to more easily compare prices between various product sizes.
The average cost per mg of CBD in the current time period is between five and twenty cents. That means if you’re paying closer to twenty cents per mg, you’re certainly on the high side.
If you’re paying more than that, you’re probably overpaying for the product.
Understanding CBD Prices
If you’re interested in getting into cannabis products, you might first need to know: how much does CBD cost?
As you can see from the above information, there are many factors that go into determining the cost of CBD. Understanding these factors can help you determine if you are being overcharged.
Need more cannabis advice or information? Keep scrolling our blog for more.