With literally thousands of brands and products on the market, we know it can be difficult to select a tincture or CBD oil. So, what should CBD oil cost you? Does a higher price tag equal higher quality? Did you just find a deal that seems too good to be true? We’re going to take a second to answer these questions and more.
Our CBD Oil Cost Calculator
Our calculator can be found here, among a wealth of other very useful information to consider when selecting a tincture for purchase. We highly suggest you follow that link! But, here’s the formula, for those of you in a hurry;
TOTAL PRICE ÷ TOTAL MILLIGRAMS (NOT mL) in bottle = PRICE PER MG.
Here’s an example: let’s say your bottle cost you $60 and it contains 500mg of CBD. Use your phone’s calculator, if you can, and key in 60 divided by 500. That should come to .12, which is twelve cents in this case. That’s how much you are paying per milligram of CBD. Don’t pay any attention to the milliliters (mL,) as they don’t factor into the price per mg.
How much is too much?
Now, you know how to calculate how much you’re paying. But what should CBD oil cost you?
There are a few factors you’re paying for, and we’ll get into that in a sec. For now, let’s just get down to it.
We’ve encountered lots and lots of products out there. We’ve seen the good, the bad, and the downright shameful. And, unfortunately, some of those shameful ones are the most popular products out there. (Does your bottle say Z***s U***a C**l on the label? If so, we believe you may as well just throw your money in the trash!)
In our experience, we’ve seen a wide range of pricing. It is of our opinion that if you’re paying much more (or less) than 10 to 12 cents per mg of CBD, you are getting ripped off. If that’s the case, we’re very sorry to be the bearer of bad news. But, you’re not alone. It happens. A lot!
Now, let me take a moment to explain that there may be some extraordinary circumstances behind a much cheaper price, and that’s generally not a bad thing. In the case that you bought it during some sort of seasonal sale, from a reputable retailer, we congratulate you on shopping smart. For instance, Mile Marker No. 5’s 1500mg 30mL bottle is perpetually on sale on our site for $124.99 – and that comes out to about 8 cents per mg. That’s a good deal. And, during the remainder of January 2020, we have a 20% Off sale for purchases over $99. If you were to take advantage of this sale and bought two bottles, you would be paying about 6 cents per mg. That is a GREAT deal, but it is not common. That’s a product of a seasonal sale, and taking advantage of it. If you’re paying that little on a regular basis, you may not be buying a quality product. And worse, you may not actually even be buying CBD oil at all.
When does it make sense to pay more?
You may be under the impression that it’s okay to pay more than 10 to 12 cents per mg for a better quality product. But, what does that mean? What is higher quality? A higher absorption rate? Water soluble? Gluten free?
We hate to break it to you, but much of these terms that seem to indicate a higher quality product are complete and utter marketing bs.
Every tincture we carry falls well within the range of an acceptable price, while also simultaneously being as high quality as we can possibly find. Mile Marker No. 5, for instance, makes their tinctures from hemp that they grow themselves, on a generations-old family farm. The hemp is processed in one of the country’s best processing plants for the industry, using cO2 extraction methods. Their plants are cared for like family members (we’ve been to the farm more times than we can count.) They use no pesticides, herbicides, or fungicides, and every other ingredient in their tinctures are all natural. They even play their plants music at night!
We can’t really conceive of any other factors that would make one product of better quality than what I just described.