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Cheap Vs. Expensive CBD Products: Why There’s A Staggering 5,100% Difference


This article originally appeared on Cannabis.net and has been republished with permission.

As with any other product on the market, there will be significant differences when you buy cheap or expensive cannabis.

A new leafreport analysis just proved it, although we didn’t expect them to find such a big difference. Leafreport has previously conducted analysis every 6 months to provide consumers with an overview of the current CBD market, including valuable data such as in-depth price studies that help compare over 3,000 CBD products made by over 100 brands .

Photo by Erin Hinterland via Pixababy

Their reports on CBD have proven invaluable to consumers as well as industry insiders, as the market continues to grow and it has become difficult to decipher which products are worth spending our hard-earned cash on.

They found there was a 5,100% difference when comparing the cheapest and most expensive CBD items on the market. CBD isolate is currently the cheapest product on the market, which they found on average 19% cheaper compared to when they got the same data in April 2021. Meanwhile, capsules were the product with the highest price increase over the same period, which climbed 2.55%.

The biggest price difference turned out to be in the subject category, where the most expensive product was 11,142% different from the least expensive. They also found that Industrial hemp farms was the brand with the most economical products in general, for the second time in a row while Kushly was the most expensive brand. The 5,100% difference turned out to be the biggest disparity in the industry, which they found in edibles.

Pricing factors

Leafreport spoke to Laura Fuentes, CBD Green Routes Chief Officer of Science and Innovation, on the factors that affect prices. “Companies like Green Roads that spend a lot on top-quality raw materials, independent testing and other best practices, will naturally be more expensive than other brands that skip those steps – and the expense – entirely,” she says.

“If you look at the prices of all the major players in the industry, the price gap is not that big because most follow the same production process and have similar costs. The gap starts to appear when the Companies that fly under the radar and don’t follow generally accepted manufacturing procedures come in with lower prices; consumers should be wary of prices that seem too good to be true.

They also spoke to Mitch Meyers, co-founder of BeLeaf oils of life, which emphasizes that consumers get what they pay for. “It’s very important that people taking CBD for health and wellness purposes understand the company, the source of their hemp, and the testing regimen of the company producing the products,” says Meyers.

RELATED: The explosive health benefits of CBD + adaptogens

Meanwhile, Winston Peki, Herbonaut‘s editor, says how CBD is produced is a major factor in determining its final price. “The basis for the price difference for all CBD products, whether oils, creams or gummies, is strongly linked to the production process,” he says. He also explains that the type of extraction process has an impact on price, as full-spectrum CBD products will cost more than isolate, whether the brand is vertically integrated or not, and the hemp part plants used. also play a role.

CBD topicals
Photo by Aleksandr_Kravtsov/Getty Images

“It’s wrong to compare prices of CBD products based on how much CBD you get for a certain price,” he says. “Other hemp compounds can dramatically increase the effectiveness of CBD and possibly create unique effects through their interactions with CBD.”

“Paradoxically, isolating CBD from an extract is cheaper than trying to remove all non-beneficial compounds, but trying to keep all beneficial compounds inside the extract,” Peki said. “If you isolate CBD, you just filter out everything else. If you want to retain other cannabinoids and volatile compounds like terpenes, you need a much more sophisticated filtering process which can be more expensive.

Other factors that play a role

Although CBD generally costs more than other types of wellness supplements, many factors affect the final price.

One of them is the source of hemp. Ideally, you want to go with organic hemp because the nature of hemp plants are dynamic bioaccumulators, which means that they absorb essentially all substances from the environment in which they are grown. So if they were grown with pesticides and chemicals, you would also be putting those things in your body. When you buy CBD from organic farmers, it ensures better quality and purity while giving you peace of mind that it’s rich in all the good stuff and contains no chemicals.

RELATED: High-purity CBD may help prevent COVID-19 from replicating, new study finds

The spectrum of CBD extracts also plays a role; there are isolates, broad-spectrum and full-spectrum on the market. Isolated cannabidiol is cheap and widely available, but many consider it less beneficial than broad-spectrum and full-spectrum CBD because it does not provide the benefits of the entourage effect.

What if you don't feel the effects of CBD?
Photo by CRYSTALWEED cannabis via Unsplash

Broad spectrum refers to CBD which is similar to full spectrum although it does not contain THC. Full-spectrum CBD will give you the compound composition closest to what’s found in the hemp plant, as it contains a rich array of terpenes and cannabinoids that are already found naturally in hemp, as well as traces of THC, although it is usually 0.3% or less. Full-spectrum CBD will always be the superior product because it has been tested and proven to be more effective, so it’s no surprise that it’s more expensive.

Additionally, the concentration of CBD found in a product also plays a role. High-strength CBD is more expensive because it also offers better value for money because a lower cost of CBD in each mg goes into your dose. The reasoning is similar to buying your groceries in bulk.

Some CBD products also contain other ingredients that may increase the price, such as natural flavors, organic honey, etc. There are also third-party tests, which are recommended for all hemp products. CBD products that can provide you with a certificate of analysis from a third-party lab give consumers peace of mind that you are seeing unbiased test results.

This article originally appeared on Cannabis.net and has been republished with permission.



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3 thoughts on “Cheap Vs. Expensive CBD Products: Why There’s A Staggering 5,100% Difference

  1. Angelina says:

    what is the income from selling cbd oil

  2. Scarlett says:

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  3. Viola says:

    what demographics are buying cbd

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