Making Sense of CBD Hemp Oil Pricing

In the fairly new world of Hemp products, a common question I am asked in terms of pricing is what are these prices that are all over the place based on? The short answer is that these prices are based on the actual number of milligrams(mg) contained in a product. Some companies’ retail prices are much higher than others. This could be perceived as trying to simply make a larger profit per unit, taking advantage of the newness of Hemp products in general or possibly that the more expensive products work better than the cheaper ones. There is much to be said for “you pay for what you get”, this isn’t, however, always the case for Hemp. One consideration for pricing is asking where does this product come from? If the Hemp comes from Europe or elsewhere outside of the U.S., it is typically a byproduct of industrial hemp grown for either food (seed oil) or for fiber. If the variety of hemp is grown for anything other than cannabinoids, it doesn’t tend to have a large quantity of cannabinoids to begin with and …

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