CBD Oil Cost? Where to Find the Best Deals

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CBD oil cost varies from $10 to thousands. What are the reeasons? Potency and origin may influence the price the most. Th bigger bottle of strrong CBD oil you want, the more you should be ready to pay.

Unfortunately, most insurance companies will not cover these purchases, so people want to know how does CBD oil cost so that they can save as much money as possible on their purchases. This article explains all the factors that determine CBD oil cost.

Can you legally use CBD oil?
Cannabidiol Oil Prices
Where to Find the Best Prices on Cannabidiol Products
What Price Are Considered Fair?
Cannabidiol and Health Insurance
Frequently Asked Questions
Final Word

Medical Marijuana Laws in the United States

According to Ballotpedia, 36 states, including Washington DC, have legalized or decriminalized medical marijuana. 10 states have legalized cannabidiol oil:

Texas
Mississippi
Georgia
South Carolina
North Carolina
Tennessee
Kentucky
Indiana
Wisconsin
Iowa
Wyoming

Medical marijuana remains illegal in Kansas and Nebraska. Recreational marijuana has been decriminalized in Nebraska; however, Nebraska residents, visitors, and those transiting the state should not use medical or recreational cannabis in this jurisdiction.

In Idaho, only FDA-approved Epidiolex is legal. Epidiolex is a drug that contains CBD as an ingredient. Medical marijuana is legal in all the other states not mentioned.

How Much Does CBD Oil Cost?

The average price runs between 10 and 20 cents per milligram, which is quite expensive. Prices vary depending on the company and the brand, but additional factors determine the product’s final price.

First, the cannabis has to be grown. That entails purchasing the land, paying any debts associated with that purchase, harvesting the crop, and paying for and maintaining all of the equipment needed to harvest, water, and fertilize the cannabis.

Afterward, the cannabis is processed using various methods, from the CO2 extraction method to the cold press method. Both of these techniques require the use of different types of equipment that have to be bought and maintained.

Additional costs include the price of labor, transportation, fees, and various unforeseen expenses that might arise. These reasons are why CBD products cost hundreds of dollars.

CBD Cost Per MG

The way to determine the value per milligram is to divide the price by the total amount of milligrams. For example, if one bottle of CBD oil costs $100 and contains 1,000 mg of CBD, it costs $0.1 per milligram.

The Best Deals on CBD Oils

Green Roads

Pharmacist Formulated

Green Roads employs a fully licensed pharmacist to monitor product production, resulting in higher quality oils. This tincture contains hemp-derived CBD along with vegetable glycerin.

Additionally, it does not contain THC. Therefore, users will not have to worry about failing a urinalysis if they take this product. Finally, these tinctures do not contain added colors, fillers, or flavors.

Level: 100 to 550 mg per bottle
Type: Isolate
Size: 15 ml
Flavor: None

Best Features

THC Free
High Bioavailability
No fillers, flavors, or artificial flavors

Lazarus Naturals

Full-Spectrum CBD Tincture

These full-spectrum tinctures are all-natural and GMO-free. Additionally, they have 15 mg of CBD per milliliter and are vegan-friendly and gluten-free. Because it is a full-spectrum tincture, this product contains a full range of cannabinoids and terpenes.

These cannabinoids and terpenes will have a synergistic effect on your endocannabinoid system that will help you achieve your wellness goals.

Level: 225 to 900 mg
Type: Full-Spectrum
Size: 15 to 120 ml
Flavor: None

Best Features

Full-Spectrum tincture
Gluten-free and vegan-friendly
All-natural
No GMOs

Savage CBD Lemon Lime

Citrus Flavored Tincture

This all-natural and full-spectrum CBD tincture is perfect for people who want flavored oil instead of the earthy and flavorless tastes of those products mentioned above.

It can also help people who want to achieve their wellness goals because it is highly concentrated in CBD. Additionally, the lemon-lime flavor is refreshing, and the oil is all-natural.

Level: 1,000 to 2,000 mg
Type: Full-Spectrum
Size: 30 ml
Flavor: Lemon Lime

Best Features
Lemon-lime flavoring
Full-spectrum oil
All-natural

What Is a Fair Price for CBD Oil Products?

Every product is worth what people are willing to pay for it. Making CBD oils is an intensive process, and these products are in high demand.

So naturally, the prices are going to be high. Budget shoppers who do not want to pay high prices may be tempted to buy very cheap products they find online, but this is not a good idea.

The problem is that these oils are made using substandard methods resulting in an inferior product. Expect to find heavy metals, chemical pesticides, and other things in the oil.

Also, they may have very high levels of THC, high enough to cause someone to fail a drug test.

Will Health Insurance Pay for CBD Oil Products?

There are few to no health insurance companies in the United States that cover CBD oil purchases.

Even though CBD oil is legal, as per the 2018 Farm Bill, there is still a lot of hostility towards medical cannabis – in any form – from government agencies, police, representatives, and ordinary citizens. Insurance companies do not want to alienate civil authorities, the police, or their customer base.

Considering how private insurance companies have played a significant role in driving up the costs of medical care, CBD users should consider the consequences of letting insurance companies get into this industry. It is better to pay out of pocket for a cannabidiol product than rely on insurance.

Frequently Asked Questions About What Does CBD Oil Cost

How Much Is One Pound of CBD Oil?

CBD oils are not measured in pounds; they are measured in milliliters. Pounds are generally used for weighing solid objects. As stated earlier, most liquids cost 10 to 20 cents per milliliter. However, some tinctures may cost more or less based on their quality and consumer demand.

How Long Does a Bottle of CBD Oil Last?

The amount of time a bottle lasts depends on how often the user takes the drops. There is no precise answer available because it all depends on the size of the bottle and how much cannabidiol is inside it.

Generally, they can last anywhere from several weeks to several months. For example, a 1,000 mg bottle can last around 40 days if the user takes 25 mg per day.

What Is the Most Cost-Effective Way to Take CBD?
As shown by the answer above, a high-strength tincture will last well over a month, so quality tinctures and high-strength vaping oils are the most cost-effective products available.

However, new users should still start with the lowest concentration possible so that they are not overwhelmed by the effects of cannabis.

Closing Thoughts About What Is the Cost of CBD Oil

There are many processes involved when someone makes a tincture, all of which cost a substantial sum of money. It may hurt to pay so much, but things cost what they cost. Therefore, the best thing to do to get a fair deal is to shop around until you find a suitable price.

If you know where to find the most affordable products, please let us and our readers know.

Published: August 13, 2021 Updated: August 1, 2022