Even if you love the effects of CBD oil, you’re probably peeved about it being so pricey. One of the most common questions customers have is “why is CBD so expensive? If hemp ‘grows like a weed,’ shouldn’t it be easy to supply the world’s CBD needs?”
Unfortunately, there’s no simple answer to this popular question. Many complex factors determine CBD’s retail price. From costly extraction technology to regulatory hassles, CBD manufacturing is an expensive endeavor with many unique challenges.
Due to the continued demand for CBD, this non-psychoactive cannabinoid will likely continue to trade at a premium price. However, there are glimmers of hope as more cultivators are getting involved in the hemp industry.