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CBD Oil Prices: Are You Overpaying for CBD?

Dave Kriegel
September 13, 2019

CBD oil prices have started to become more competitive in recent years. With more up and coming brands popping up, this has fostered more competition and a wider range of CBD-based products including creams, capsules, gummies and others. People who never would have even considered it, are now talking about the potential benefits of CBD oil.

In this guide, we will assess the average price of cannabidiol per milligram, which will help you determine if you’re getting a good deal or not. Whether you’re vaping on CBD oil cartridges, CBD vape juice, or any other way, we will explain why some CBD products can cost more than others. And if you’re new to the whole CBD thing, check out this full guide which covers everything you will need to know about CBD.

How much does CBD oil cost?

The best CBD products generally cost anywhere from $0.02 to $0.20 per mg CBD on average. This is based on an average assessment of the most popular CBD products from some of the top brands. For most products, the more you buy, the cheaper it tends to get. Likewise, the more CBD a product contains, the cheaper it is going to generally cost per mg. Unlike nicotine e-juice, the price of CBD oil is determined by potency rather than overall volume. In other words, you can have two equal-sized bottles of CBD oil, but the more potent one can potentially cost 2-3 times more, based on the total CBD content.

CBD prices are primarily determined by the method of production, quality of raw materials used and the overall level of potency. The better brands use organic hemp that is free of pesticides and GMOs. Quality control is another crucial factor. Most CBD is put through third party lab testing. Some companies only test for basic CBD/THC levels, whereas others test more rigorously for residual solvents, mold, pesticides etc. The more extensively tested products are going to usually cost a bit more per mg. Regardless of the cost, if your CBD has not been lab tested you may want to consider trying a more reputable CBD brand.

Try to avoid gas stations, corner stores, smoke shops and websites that don’t appear to be credible. Many vape shops now stock a variety of premium CBD liquids, possibly even some tinctures and edibles. Pharmacies and health food stores are beginning to follow suit. Cannabis dispensaries also tend to carry full spectrum CBD oil, but most of them contain higher ratios of THC to CBD, which is known to produce psychoactive effects.

CBD oil prices

The price of CBD can vary based on the type of product. We’ve done an analysis of the top brands across each of the different categories. You’ll notice that CBD vape juice and CBD tinctures tend to cost around the same price, with some level of variation. Cartridges and concentrates are the most cost-effective option, whereas creams are the least, considering their higher cost per mg and lower bioavailability.

How much does CBD vape juice cost?

The better CBD vape oils generally go for anywhere from $0.20 cents to as low as $0.07 per milligram of CBD. The average price for premium CBD e-liquid is typically around $0.10 per milligram.

How much do CBD oil tinctures cost?

Similar to CBD vape juice, CBD oil tinctures can range from $0.4 per mg up to $0.20 cents. On average, the higher quality CBD oils generally go for around $0.12 per mg.

How much do CBD topicals and creams cost?

CBD creams are designed for localized skin treatment and pain relief. It is not the most cost-effective option, since they come with much lower bioavailability than tinctures and vapes. CBD topicals typically go for around $0.20 to $0.30 per milligram. The average cost for a good CBD cream is around $0.25 per mg.

How much do CBD oil cartridges cost?

CBD oil cartridges are one of the most cost-effective options. They can go for anywhere from $0.09 to $0.18 per mg, and around $0.12 on average per mg. They are easy to administer and come with higher bioavailability compared to tinctures and creams.

How much do CBD concentrates cost?

CBD concentrates like wax and crystals are extremely cheap when you take into account the price per mg. The average price is generally going to be around $0.05, but it becomes even cheaper when you purchase it in bulk by the pound. If you vape CBD concentrates, that is by far the most efficient way to inhale cannabinoids directly.

How to calculate CBD prices

The best way to compare CBD prices is to use the price per mg method. Don’t worry, it sounds a lot more complicated than it really is. You’ll only need to take into account two main variables: the total amount of CBD in milligrams, and the price. Simply divide the price by the amount of CBD in milligrams to determine the price per milligram. The number of milligrams on the label represents the total amount of CBD per bottle.

Price ÷ total mg CBD = price per mg
Example: $29.99 ÷ 250 mg = $0.12 per mg

So if a bottle of CBD oil costs $29.99 and contains 250 mg of CBD (regardless of the size of the bottle), then that means you are paying roughly $0.12 per mg of CBD. This can be applied to any CBD product as long as you have those two values. Keep in mind that vaping has the highest bioavailability of all the delivery methods. This means that even if you’re paying the same price per mg, your body is actually going to absorb more of it.

To learn more about bioavailability and calculating CBD doses, check out our full guide.

If you’re buying CBD in bulk, the same formula can be used to determine the price of CBD per pound. Some manufacturers actually sell 99% pure CBD isolate powder by the pound. This is by far the most cost effective option. CBD concentrates can be used to concoct your own recipes and tinctures, or can be vaporized in a wax pen or dab rig.

How to get the best deals on CBD

Now that you know how to calculate the cost per milligram, it’s easier to compare prices. There are even some online shops like Direct CBD that conveniently display the price per mg next to all of their products, which saves a bit of time. If you’re looking for the best prices, be sure to use our coupon codes below for some of the top brands.

To sum things up, when checking for the best deals make sure to:

  • Compare the prices based on the price per mg, rather than bottle size.
  • The more CBD you buy at a time, the cheaper it will cost per mg.
  • Vaping has the highest bioavailability and is the most cost-effective method
  • Tinctures are the second most cost effective method of taking CBD.
  • Use exclusive coupons for some of the top brands like CBDfx and Hemp Bombs.
Born in Brooklyn, New York, Dave has always had a passion for helping people quit smoking. As a former smoker himself, he knew how hard it could be. As soon as he learned about vaping, he instantly became obsessed with it and helped many people stop smoking. Vaping360 has given Dave a platform to do this on a much larger scale, by educating the public about the wonders of vaping. When Dave is not writing he is either listening to music, performing it, or cruising around on his Penny board.

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Bonita Secunda
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Bonita Secunda

I am thrilled to be finally rid of the nasty, smelly habit of smoking nicotine. It only too two hits of my kola to rid me free of nicotine forever. Not bad for smoking all my life. CBD rocks!

Helena p Hudson
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Helena p Hudson

my husband and I both quit smoking nasty cigs almost a year ago and began vaping wiTH a cbd additive. I have never felt better and I know I smell better !

Keith Fitzwater
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Keith Fitzwater

Can you post to Australia as yet the vapes and cannibis is illegal in all states except where the government is .ACT Canberra is legal to smoke .
Would love to try some of your vapes.

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