The Alchemist’s Kitchen makes it a point to tell customers everything they know, or think they know, about CBD, and to emphasize that if CBD is going to be a regular part of their lives, they should consult with a doctor to make sure they won’t have any adverse reactions. Your bodega guy, who’s selling a little jar of CBD oil right next to the Dentyne Ice gum, almost certainly isn’t doing the same.
When it comes to CBD oil, cheaper is most certainly not always better because the production of quality CBD oil just isn’t cheap. CO2 extraction utilizes complex equipment and a high level of expertise as opposed to the cheaper and easier chemical extraction processes that can leave residue from toxic solvents like butane, propane, and ethanol in the CBD oil. While the CO2 extraction will generally lead to a higher price tag, it does insure quality, purity, and potency – especially when used to extract CBD oil from hemp that has been organically grown in the United States.
Cost is another consideration. Most CBD oils are sold in concentrations of 300 to 750 mg, although this may range from less than 100 mg to more than 2,000. A good indicator of price-point is the cost per milligram. Low-cost CBD oils usually fall between five and 10 cents per mg; mid-range prices are 11 to 15 cents per mg; and higher-end oils cost 16 cents per mg or higher. Given these varying per-milligram costs, a bottle of CBD oil may be priced anywhere from $10 or less to $150 or more.
“I’ve got to be really careful what I say when it comes to preaching about benefits that CBD can bring,” says Richard Roocroft, the vice president of global sales and marketing for Flower Power. “We just say, have a cup of coffee once a day to keep the doctor away.” I ask about his dosage and whether he has information indicating it has any effect. “To answer your question, ‘Do we have the studies?’ No. We have nothing that would support that,” he tells me.
In the current market space is there much difference in cost, in bulk, between 99+% pure CBD from the different sources being discussed? IOW between high-cbd cannabis, and low-total-cannabinoid “industrial hemp”, and hemp grown for seeds not fiber? Extraction from high-cbd cannabis would seem easier as you have to work with less plant material per unit of end product, but then it costs a lot less per lb plant material to grow a huge field of hemp. So, how does it land these days?