Why Do CBD Products Vary in Price?
When it comes to choosing a supplement to add to your daily routine, there are no shortage of options available in today’s market. It is also true that when it comes to considering the options available, one of the most popular choices by far is cannabidiol, or CBD for short. As one of the many beneficial naturally occurring compounds present in the hemp variety of the cannabis plant, CBD is being increasingly used in a variety of products by manufacturers and providers across the country with excellent results. Because it provides a wide variety of benefits safely and naturally, many people have become increasingly interested in CBD products, and the number of products being made available to meet that demand seem to be continually increasing.
Of course, with the increased interest in CBD understandably comes a number of questions. After all, sales of CBD have only recently been widespread since 2018, when the federal government passed the Farm Bill. That bill legalized the sale of hemp and all products derived from hemp which contained .3% THC or less. CBD products, when extracted from the hemp variety of the cannabis plant, generally meet this threshold and, accordingly, have become widely available in markets across the country.
Aside from questions about the nature of CBD and how it generally interacts with the body, many would-be customers often have questions about the price of CBD products. Understandably, the often wide variation on pricing of different types of products can leave some customers, who are relatively new to the CBD market, wondering why the prices might differ, and in some cases, by a wide margin. While pricing is, of course, always up to the individual provider, some factors that influence the pricing of CBD products include:
- Whether or not the product actually contains CBD: Customers interested in purchasing CBD products should verify, first and foremost, that the product they are purchasing actually does contain CBD. Unfortunately, certain products on the market will misrepresent the nature of the product by way of implying that it contains CBD when, in fact, it does not. For example, some providers will market their products as “hemp seed oil” products and offer them for a significantly lower price than those products that actually contain pure, potent CBD. Understandably, this can be confusing, particularly for new customers who know that CBD is extracted from the hemp plant and erroneously assume that the two types of products are the same. In fact, hemp seed oil, while it does have its own benefits, is different from CBD oil. Thoroughly researching a product and what it actually contains is, therefore, quite important. Often, the difference might be reflected in price, though that is only one factor of many that should be considered.
- The concentration of CBD in the product itself: Even with products that do actually contain CBD, sometimes the concentrations are so low that the customer realizes no real benefit from consuming the product. If a product claims to have CBD, but has a price tag that seems significantly lower than what you might expect, it is worth investigating how much CBD the product actually contains. Reputable companies who truly care about providing pure, premium, and potent CBD products should be transparent about providing customers with all of the necessary information about the ingredients contained in the product they are purchasing and the concentration of those ingredients.
- The quality of the product: While the price is not always a reflection of quality, in many cases, particularly where CBD is concerned, the price might often reflect numerous factors that speak to the quality of the product itself. One of those factors might be the hemp that the product was sourced from and the methods used to grow it. Understandably, CBD that is sourced from proprietary strains of hemp carefully grown using USDA Organic Certified farming methods will likely be priced higher than CBD sourced from more generic strains of hemp grown in large quantities using standard industrial farming methods. The same is true of the production process. USDA Organic CBD products created using more sophisticated extraction and purification methods will likely cost more than products that are not created with that attention to detail. It can be helpful to truly research the brand you are considering. Find out about the hemp they source their products from and the methods they use to manufacture their products. Doing so might help not only to understand the pricing, but also to provide peace of mind regarding your purchase.
At Pharmstrong™, we are passionate about CBD and all of the benefits that it offers. But we are also passionate about providing the best service that we can to each and every customer we encounter. We understand that a part of good service means reasonable prices. We believe that our customers shouldn’t have to choose between their CBD products and their bank account. That’s why we strive to price our products in a way that not only reflects their value and the care that went into making them, but that is also reasonable and affordable for the customers we serve. It is our hope that everyone will be able to afford to make CBD a regular part of their routine and to experience for themselves the many benefits that it offers.
If you are interested in beginning a new chapter in which CBD is a part of your normal routine, we would welcome the opportunity to talk with you more about that. We would love to learn about your needs and goals, and to help direct you toward products that might help you to reach those goals and receive the benefits you desire. If you have any questions or concerns about any of our products, or about CBD generally, we would appreciate the chance to talk to you and provide additional helpful information. We encourage you to stop by and sample some of our products if you find yourself near our store, or to call us or visit us online at any time. We would love to help you experience all that CBD has to offer!