CBD is becoming increasingly popular, and more and more people are adding it to their daily routines. But no matter how well you already know CBD and its potential medical benefits, you probably don’t think it’s cheap. You probably noticed that products on the market typically range from €50 to €200. That’s why we will discuss the pricing of CBD in today’s blog. So, let’s find out why CBD is so expensive.
Let’s start at the beginning. As you are probably already aware, CBD is extracted from hemp or industrial hemp, which is a variety of the Cannabis sativa plant species.
While it is growing, hemp requires a lot of manual work and constant inspections. Farmers need to be very careful and check the plants regularly due to the potential for THC development. If a plant has more than the legally allowed amount of THC, then it must be destroyed.
An important step in manufacturing CBD is drying the hemp. Farmers need perfect conditions to complete the drying process properly, otherwise all the hemp can be destroyed. When it is not dried properly, certain molds can develop, which produce mycotoxins, substances that are hazardous to human health.
But what is it in the manufacturing process that makes CBD so expensive?
If a brand is growing its own hemp as well as extracting the oil, the price will be higher. A lot of brands are importing hemp from overseas. However, by importing the hemp, the brand has no control over the environment where the hemp was grown. Their prices will be lower, since the brand did not have any trouble producing the hemp.
The second important factor in the pricing of CBD is extraction. CBD extraction is not just squeezing the oil from the plant and putting it in a bottle ready to be sold. The process is actually very sophisticated and utilizes expensive, carefully calibrated machines.
There are actually two different methods of extraction: CO2 extraction and ethanol extraction.
Ethanol extraction is the cheaper method, but it doesn’t always result in the complete absence of solvents in the final product. The hemp is soaked in ethanol or another solvent to strip it of cannabinoids. After this, the liquid is evaporated, which means some traces of solvent can be expected in the final product.
CO2 extraction is the only way to get a clean, solvent-free product. It is a very expensive and complicated process. It allows you to control the temperature of the process and target specific cannabinoids. In this way, you can make products with higher concentrations of CBD, while still maintaining the full spectrum of cannabinoids.
Development and quality control
Another major factor is the development of the final product and its quality. As a brand, you cannot just make CBD oil and put it up for sale. Before delivering products to world markets, brands need to engage in extensive research and development.
These practices require highly educated laboratory workers, extremely sophisticated and expensive equipment, and reputable partners for the testing and evaluation of the products.
At PharmaHemp we monitor every stage of our process. From picking the right seed to the gentle extraction and rigorous laboratory checks of every drop of CBD oil – before proudly delivering our products to you.
We are officially certified as a company with good manufacturing practices under the global ISO 22716 standard.
To sum up, people clearly understand the incredible value of cannabinoids. When buying CBD, the price should never be a deciding factor for you. Always check the background of the brand, how they manufacture and develop hemp, how they extract it, and last but not least, what kind of quality control they employ. Look for certificates, laboratory testing, and transparency.