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 topical creams, capsules, gummies and others. People who never would have even considered it, are now talking about the potential benefits of CBD.
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 CBD-rich cannabis strains, 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. Just make sure you are getting pure CBD oil and not hemp seed oil, learn the difference. 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.
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.
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, concentrates and CBD hemp 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 mg.
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. They are 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. Many of the best CBD patches tend to go for about the same price per mg, making them more cost effective due to their higher absorption rate than topical creams.
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 per mg on average. They are easy to administer and come with higher bioavailability compared to tinctures and creams. (Keep in mind they do require a 510 thread battery in order to use it.)
How much do CBD concentrates cost?
CBD concentratesare extremely cheap when you take into account the price per mg. The average price is generally going to be around $0.05 per mg, 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 much does CBD flower cost?
There are many legal cannabis strains available that are rich in full spectrum cannabidiol and within the legal THC limit. It can be vaporized, smoked, used for edibles or CBD oil extraction. They often contain up to 25% (or higher) of cannabinoid content, which is the equivalent to 250 mg per gram, or 875 mg per eighth! They generally go for around the same price as cannabis you would get from a dispensary, between $25 to $40 per eighth (3.5 grams), with the average price being $30. That comes out to about $0.03 per mg, if you get an eighth for $30 containing 25% total cannabinoid content.
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 our exclusive coupons for some of the top brands like Avida.
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