Why is CBD so Expensive?

Why is CBD so Expensive?

Growing cannabis is becoming more represented and challenging due to the higher demand for its derivative, CBD. Growers must increase their growing capacity and keep up with the market requirements. That means more seeds, water, land, and labor to breed the crops. When plants reach maturity, they have to be harvested, dried, and stored for sale or distribution. That’s a lot of work to sell the end products at a low price.

There is an eternal dilemma in the CBD market, whether to buy more expensive or cheaper products. Of course, most buyers will choose quality over low price. Still, the question is whether more expensive CBD products really offer more value for a dollar. On this source, see what you must know before purchase of hemp-based goods.

High Growing Standards

You notice that certain brands are more expensive, so you’re probably wondering why. In the first place, it is due to the quality of the substances they use in their products. Until recently, the CBD industry was a bit unregulated. Anyone could emerge as a breeder or maker of hemp-based products.

Luckily, the circumstances have changed. Now, they all need to meet high standards to survive in the market and operate legally. It brings high costs for companies and strict requirements they must adhere to. These include the quality of the yields, extraction methods, testing, packaging, etc.

The cannabidiol-based supplement available on the market must not contain THC or may have it in the smallest allowable amount of 0.3 percent. It makes the extraction process demanding, especially if the plant itself contains higher amounts of THC.

Commercial breeders must grow only hemp breeds that contain the prescribed dose of THC. It applies to all states where CBD use is legalized. That requires extra costs and efforts, as farmers work on crossing the species to get the one that is by the standards and gives high yields.

High Investments

Reputable CBD brands aim to take control of the entire hemp production process from start to finish. They believe in using only the most advanced equipment and procedures to ensure purity and potency. The focus on safety extends to their labeling and packaging too. 

There is also a considerable amount of raw hemp material available on the open market. Suppose manufacturers of CBD products can’t source it from plants grown locally. In that case, they are likely to pay a premium price for raw materials of high quality. Manufacturers don’t have an insight into the growing procedure and whether breeders adhere to standards. That’s why they must ask for a certification of organic origin.

Extraction Matters

CBD extraction is a costly process because it requires specialized equipment to obtain oil from the cannabis plant. Only a handful of companies in the world have the technology and the dedication to extract CBD in this specialized way. 

Only pure CBD has a real value to users. In order to extract the solvent-free CBD, the only way is the CO2 extraction process. Any other technique can result in the remains of solvents. CO2 extraction lasts a bit longer, but it provides control over the temperature. That can target specific compounds (in this case, CBD).

The extraction process requires many hours of work and professional staff. These are also necessary costs for any CBD product brand that wants to survive in a competitive market. Constant investments in employees and training related to the production of CBD are also necessary.

Purity Check

Reputable CBD brands invest many funds in the testing of their products. A purity check serves to ensure that there are no impurities in the CBD extract. Third-party labs conduct these tests to get independent and impartial reports on the purity and correctness of the product. That’s a solid reason for a company to put a hefty price tag on their products.

Improved Growing Techniques

The optimal way to grow this plant and obtain quality yields is by hydroponic culture. This method is the future of agriculture. It allows the plant to grow at an identical rate regardless of what soil and lighting conditions it’s subjected to.

Although this technique guarantees high yields, the apparatus itself requires high initial investments. Plus, there are variable costs for maintenance and fertilizers that must be of organic origin. 

By setting a high price for quality material obtained from plants produced this way, producers cover their investment. They also leave some room for profit. If the end product is top quality (as they claim), buyers shouldn’t complain about the price.

Continual Research

As seen on https://cheefbotanicals.com/why-is-cbd-so-expensive/, reputable CBD brands are always trying to keep the consistency in product quality. Due to the high costs of raw materials, manufacturers are doing constant research to find room for lowering their expenses. They work on new breeding methods, extraction techniques, etc. Also, reputable brands undertake standardization programs to put their products under control.

Research requires the hiring of professional staff and delicate (and expensive) equipment. Whether they are performed within a company or an independent lab, any research initially represents a high cost. Return on investment is possible only after obtaining favorable results that can increase the price of hemp-based goods.

 

The goal of every CBD brand is to create a superior product that will have loyal customers. Its price must justify the quality and all the investments that preceded its creation. Consumers who are versed in the benefits of cannabidiol will not mind paying more if they can be sure they will get what they need.

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