There are, namely, four factors affecting the quality of CBD Oil: potency, extraction method, hemp source, and third-party lab testing.
The potency of the oil relates to the amount of CBD Oil it contains. Generally speaking, the higher the strength, the more effective the product is for severe treatments. The cost of the product on a USD/mg basis will be less for higher potencies than for smaller ones, yet the final price of the bottle will be more expensive.
Preferably, you want to buy a CBD Oil that better suits your dosage need, yet getting a higher potency could eventually save you money in the long run. Don’t forget to reduce the dosage to meet your needs!
The extraction method can vary from company to company. The most common methods are:
- CO2 Extraction (most efficient for extracting high concentrations of CBD)
- Steam Distillation
- Natural Solvent Extraction (usually ethanol)
- Hydrocarbon Extraction (risk of toxic residues)
While CO2, steam distillation, and natural solvent extractions are considered safe, hydrocarbon extraction is vastly questioned. Although it might be a more inexpensive method, hydrocarbon extraction, due to the risk of toxic residues, is considered less safe and potentially harmful.
Furthermore, studies show that extraction lab startups require planning and equipment amounting to investments in the range of $400.000- $800.000., which impacts the final consumer price.
In addition to the origin of the hemp as explained above, the best CBD Oil comes from organic hemp, pesticide-free, and non-GMO. This type of farming requires more intensive labor for which the whole process becomes more expensive.
Another fact affecting the cost is the add-ons to the final product. If those components are organic, pesticide-free, and non-GMO, then those costs will be higher compared to other products.
Third-party Lab Testing
Many companies resource to third-party lab testing to guarantee the quality of the product. By making the third-party lab testing results available to its customers, the company ensures transparency by offering what they claim to offer.
Again, this cost passes onto to the consumer on the final price of the product.