CBD comes with a plethora of benefits, but none of those mean anything if you cannot afford to buy it. Many people beg the question of why CBD is so expensive, and there are a few reasons.
CBD is expensive to produce, not to mention the time it takes to grow and extract the chemical! These are just two of the many reasons why you’re paying more than you might expect for CBD.
Today we’ll be looking at these reasons, as well as why CBD is so beneficial for you.
CBD Is So Expensive Because
1. The Upfront Costs Of Production
It is common for the customer not to consider the price of production when purchasing an item. Why would we? Most products can be made for a low enough cost that the markup doesn’t amount to too much.
However, the same cannot be said for CBD products.
To make a high-quality CBD product, specialist equipment is required, as well as expertise in the field and premium hemp plants.
Growing hemp plants is an expensive process in itself, and the brand will need to acquire organic certification – to which they need to hold themselves to incredibly high standards. Their farms will undergo routine inspections, scrutinizing their fertilizer, harvesting methods, and more.
This takes time and money to get right, and they’ll need to train workers to correctly look after their plants.
You might be thinking about choosing a cheaper product that doesn’t use organic hemp plants and premium methods of care, but this will leave you with subpar products full of artificial pesticides and other chemicals.
The hemp is harvested and the manufacturing process then moves on to extracting the CBD. This needs more specialist equipment and operators, and the THC needs to be carefully extracted while preserving the other chemicals.
This entire process is incredibly time-consuming and rather costly to the manufacturer. For them to make a profit, the price of CBD will need to be higher.
2. Landscaping Regulations
When selling products containing hemp, the regulations manufacturers must go through are large. There are plenty of hoops for the manufacturer to jump through just to create products with hemp within them, which all cost time and money.
Since hemp is in the same family as illegal cannabis strains, the growing of it must be monitored closely to ensure that the manufacturer is meeting strict guidelines. These guidelines need to be followed from the moment the hemp is grown to the sale of the final product.
Hemp is not always legally allowed to be used in the creation of CBD products. If this is the case in the manufacturer’s state or country, they’ll need to import the hemp, which significantly costs the manufacturing process.
Again, the higher the manufacturing cost, the higher the markup will need to be to allow the business to make a profit.
3. Lab Testing Costs
Lastly, hemp products need to be taken through lab testing to ensure their quality of the product. This is not only highly encouraged but expensive. Since this is coming out of the manufacturer’s pocket, they’ll need to mark their CBD products higher to make it up.
Many manufacturers also pay extra to be registered with governing bodies, such as the European Industrial Hemp Association (EIHA). This ensures that you can trust the product, and we always recommend that you choose a CBD product registered with an appropriate governing body.
Can You Use Cheap CBD?
There are some good cheap CBD products out there, some of which are cult favorites and sworn by many. However, many cheaper CBD products are unreliable and of a lower quality than the higher-priced products.
Some might not even contain CBD, so you could be using a completely fake product. Check out this quote from Business Insider:
“The Center of Medicinal Cannabis found that 62% of CBD products tested in the UK didn’t contain the cannabidiol content promised on the label. One product actually contained no CBD whatsoever.”
The CBD industry is largely unregulated, which allows things like this to happen. Cheaper CBD products can get away with misleading you with inaccurate information. Higher-priced brands will be more trusting.
Plus, if they’ve declared that they’ve had a third-party analysis done on their products, you can check this information online to ensure that they are actually using the correct amount of CBD (see also: Does CBD Have An Expiration Date? How To Check Its Safe To Use)that they claim.
Benefits Of CBD – Why Use It In The First Place?
There are plenty of benefits to CBD, and it has proven to be very effective for many people. Let’s take a look at some of the reasons why you could benefit from these products, too.
CBD Can Relieve Pain
Cannabis has been used to treat pain for centuries, and one of the reasons behind its pain relief is CBD. Studies have shown that CBD can help reduce the severity of chronic pain, reduce inflammation, and more.
CBD is most effective at reducing pain when used with THC, but it can still be effective on its own.
CBD Can Help Better Mental Health
One of the largest benefits of CBD is its apparent benefits against feelings of anxiety or depression. Mental health disorders are usually treated with pharmaceuticals, which can cause a number of side effects, such as insomnia, agitation, and sexual dysfunction.
CBD is a natural alternative that many people swear by for anxiety and depression symptoms.
CBD Can Calm Symptoms Of Cancer
CBD is also being used to improve the side effects of cancer and its treatments, such as nausea, pain, and vomiting.
Summary
Thanks for reading our article on why CBD is so expensive. The cost to manufacture CBD products is so high that the price needs to be increased so that the manufacturers can make a profit.
Cheaper CBD products might not be truthful with what’s in them, and you can easily get scammed as the industry is unregulated.
While it might be tempting to go for cheaper products, more expensive options will offer the most benefits.
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