CBD is a cannabinoid that is used by many people to calm the nervous system and treat a wide variety of ailments. However, with the increase in CBD use, there has also been an increase in price. More and more people are now looking for cheaper alternatives to high-priced pharmaceuticals, which traditionally come with bad side effects. So, what are the Low-quality CBD gummies at a high price?
What is CBD?
CBD is an abbreviation for cannabidiol and is a compound found in hemp. It was discovered in 1940 by a scientist from Israel, Raphael Mechoulam, who later went on to win the Nobel Prize for his work. The CBD found in hemp has been considered as a super-medicine as it has anti-inflammatory properties, prevents cancer growth, calms the nerves and also helps with pain management.
Why is CBD so expensive?
There are many factors that contribute to the high cost of CBD products:
1. a) High Cost of Production: The CBD industry is highly regulated since this compound can be classified as a drug if you decide to consume it. This is why most companies spend a large amount of money and time on quality assurance, due to which the price of CBD production goes up. Before CBD was legalized in many states, it was too costly to produce and you would have to buy it from a black market drug dealer or online. Now that CBD has been legalized in many states, the price can be drastically reduced by purchasing in bulk.
2. b) High Demand: The current trend of using CBD for health related problems has led to the demand for CBD products increasing at an exponential rate. In fact, more than 20% of the people who use hemp oil are not using it for medicine but instead as a legal marijuana substitute. This increased demand has also led to an increase in price.
How can you find CBD at a cheaper rate?
As mentioned above, the price of CBD is directly dependent on the demand, which has been on a rise lately. Instead of looking for a cheaper alternative that might not have any medicinal value, look for alternatives in terms of consumption: Concentrates vs Oils – Hemp oil is very expensive to produce; this includes steam distillation and CO2 extraction. However, if you choose to buy hemp flower concentrates or isolate powders, you can get high-quality products at a lower cost.
Be wary of online gummies
Most online stores sell CBD candies at a cheaper price than the usual oil. However, there is a catch. These CBD gummies contain only minuscule amounts of CBD and are loaded with other chemicals like corn syrup, artificial flavors and colors which can be harmful for your health if ingested in large quantities. To avoid such products, make sure you do your research on the manufacturer before buying their products; if possible, purchase from someone you know or trust, or visit the store and physically check their products yourself.