Cannabidiol, or CBD as it’s more commonly known, has seen a significant rise in popularity over recent years, and there is good reason for this.
CBD is a chemical compound extracted from the cannabis plant that can be used to remedy a number of common ailments. This includes offsetting anxiety and depression, helping those who suffer from PTSD, and even using CBD to treat inflammation.
The general acceptance and usage of CBD oils weren’t always this popular, though, as anything associated with the cannabis plant usually had a negative stigma attached to it. This has, however, changed for the better over the last decade.
In South Africa alone, the amount of individuals who have turned to CBD oils has increased significantly. However, there is one common question that continues to pop up – What is the actual price of CBD oil? Today, we aim to answer that very question.
How are CBD Oil Prices Determined?
If you’re a newcomer to the CBD health train, you might be surprised to learn that the price of certain products can be quite high, and the prices can vary depending on where you look. There is, of course, a good reason for this.
There are quite a few steps that go into producing the CBD oils you see on store shelves. The process of extracting and testing high-quality CBD extract from medical-grade cannabis plants can be very labour intensive and time-consuming to do correctly.
Couple that with the fact that manufacturers also need to separate the THC (the chemical that makes you ‘high’) from the CBD, and you can start to understand why CBD products can be so expensive. This also explains why the prices of CBD products vary in the way they do.
Depending on the manufacturer, which methods they use to extract the CBD, and the quality of the product, the price you pay at the end of the day could vary wildly.
Another factor that goes into determining the price is the difference between CBD oil made for humans vs CBD oil made for pets. Pets, being much smaller than their human counterparts, need to ingest far less CBD. As you would expect, if a product contains 300mg vs 600mg of CBD, it would cost significantly less.
The Cost of CBD Per MG: How Much Should You be Paying?
Now that we have an understanding of why the price of CBD oil can vary so much, let’s take a more detailed look at the price of CBD oil per milligram (mg).
Keep in mind that the number of milligrams indicated on the label is the total amount of CBD in your product. The more milligrams indicated the more potent your oil will be.
The average cost of CBD oil drops varies between R0,64 and R3.20 per mg. The majority of bottles contain between 250 and 2,500 mg, with 2,500 being the highest potency.
However, as is the case with many things in life, the potency level and amount of CBD oil you receive depends on what you are willing to pay. If you’re looking for the highest-quality CBD oil, your initial investment might seem steep at first.
While steep, it will pay off in the long term, as higher strengths and larger bottles are more inexpensive over a longer period of time.
When purchasing a bottle of CBD oil, use the following formula to help figure out if you’re paying too much.
- Price of the bottle ÷ total mg CBD = price per mg.
The Price of CBD Oil From Different Retailers in South Africa
Now that you know what goes into determining the price of CBD oil and how to figure out if you’re spending too much, let’s compare the different prices that some of the major retailers sell their products for.
You might be surprised to hear that you don’t need to venture down a dark and dingy alleyway to buy CBD oil. In fact, most large retailers in South Africa already stock a wide variety of CBD oils that can be used for adults and pets.
Dischem, one of South Africa’s largest pharmaceutical stores, has a wide range of CBD products. This includes regular CBD Oil, as well as hand creams, capsules, and spritzers. On average, a 30ml bottle of CBD Oil containing 200mg will set you back around R300.
Clicks, another popular retailer in South Africa has also hopped aboard the CBD train, as they now stock CBD oil as well. On average, their prices seem to be slightly lower than Dischem. Clicks have a variety of different CBD oils, each of which contains between 100 mg and 500 mg, that you can pick up for less than R200.
Finally, let’s take a look at an independent retailer to see how they stack up against the major retailers. Africanpure, an online store with its head office located in Cape Town has a wide range of CBD products on offer. On avenger, you can expect to pay around R300 to R500 for a bottle of CBD oil containing between 300mg and 600mg.
Final Thoughts on The Price of CBD Oil in South Africa
The popularity surrounding cannabis-related products such as CBD oils will almost certainly continue to increase year after year, and for good reason.
Not only are they a natural alternative to expensive medicines, but CBD products are able to treat a large number of ailments that affect millions of people and pets each and every day. As the technology and methods behind extracting CBD from the cannabis plant inevitably improve, so will the cost, thus making it an effective and cheap source of medicine.
If you’re curious to learn more about the world of CBD, check out this article on How to Use CBD Oil to ensure you don’t waste a single drop.