Cheapest CBD Oil: Best Value & Most Affordable CBD Products (2023)

The price of CBD oil can vary widely between brands. However, CBD oils are rather on the expensive side when compared to most health supplements.

When you consider the massive range of health benefits offered by CBD oil, as well as what it takes to make a high-quality product, you’ll understand while the majority of high-quality CBD oils will never be cheap.

There’s simply too much effort involved in the process, both time- and money-wise.

However, that doesn’t mean you won’t find great deals on high-quality CBD oil. Some premium companies make their products very affordable with their reward programs, coupon codes, bulk pricing, and other special offers.

In today’s article, we’ll highlight these deals, pointing you to some of the most reputable names in the CBD market. We’ll also elaborate on the factors that determine the price to quality ratio in CBD oils.

Top 5 Cheapest and Most Affordable CBD Oils

1. Gold Bee (Editor’s Pick)

Product Highlights:

• Organic hemp
• CO2-extracted
• Full-spectrum
• Up to 40 mg CBD per mL
• Honey flavor

Ingredients: Full-spectrum CBD, MCT Oil, Honey Flavor, Terpenes

Price: $0.09 per mg of CBD

Potency: A 30 mL bottle of Gold Bee CBD oil contains between 300 and 1200 mg of CBD, so you’re getting 10–40 mg of full-spectrum CBD in each milliliter.

The Gold Bee CBD oil is made using the whole hemp plant, but with THC completely removed. The hemp comes from Colorado farms. This is a full-spectrum product, so you’re getting trace cannabinoids, terpenes, and even vitamins on top of the CBD. The higher ratios of other cannabinoids enhances the oil’s effects by helping your body to process it more efficiently.

Gold Bee is not only one of the cheapest premium CBD oils out there — at $0.09 per mg of CBD — but it’s also one of the best tasting products we’ve tried so far. The natural honey flavor is amazing and does a great job and masking the tart aftertaste of full-spectrum hemp.

2. Royal CBD (Most Potent)

Get 15% off all Royal CBD products.  Use code “CFAH” at checkout.

Product Highlights:

• Sourced from organic hemp
• CO2-extracted
• Full-spectrum CBD
• Up to 83.3 mg per mL
• Available in 3 flavored options
• Third-party lab tested

Ingredients: Full-spectrum hemp extract, MCT oil

Price: $0.19 / mg

Potency: 8.33 – 83.3 mg

Sourced from organic Colorado-grown hemp, Royal CBD sells some of the best cheap CBD oils in the industry today. This product receives rave reviews from people who use it to relieve stress, anxiety, pain, inflammation, and sleeplessness among many other health issues.

The entire Royal CBD line is made using CO2 extraction, ensuring pure and potent products. Speaking of which, the company has a versatile range of concentrations, from 250 mg to a whopping 2500 mg of total CBD.

The cold-pressed MCT oil, which has been used as the carrier for the hemp extract, ensures faster absorption.

All the hemp used in the production of Royal CBD products comes from American farms and thus meets high standards set for natural farming practices.

3.CBDistillery (Cheapest CBD Oil)

Product Highlights:

• Non-GMO hemp
• CO2-extracted
• Available as full-spectrum or broad-spectrum CBD
• Potency ranges between 250 mg and 5000 mg
• Lab-tested for potency and purity

Ingredients: Coconut oil, Hemp oil

Price: $0.06 / mg

Potency: 8.33 – 166.6 mg / mL

CBDistillery is one of the largest CBD suppliers in North America. They are the people to go if you want affordable products for different types of consumers. The potency range this company offers, as well as its vast range of different CBD formats, makes them one of the best choices for those looking to get cheap CBD oil.

On top of that, CBDistillery covers the entire potency range for CBD oils, from 250 mg to 5000 mg of CBD per bottle. The company’s products are available as full-spectrum or broad-spectrum CBD. The broad-spectrum version contains CBD and other phytocannabinoids, but with no traces of THC.

The only concern about this product is the hemp source. Although grown in Colorado and sourced from non-GMO seeds, these plants aren’t organic.

4. Hemp Bombs (Most Affordable CBD Isolate)

Product Highlights:

• Pure CBD isolate
• Excellent flavors
• CO2-extracted
• Potency between 125 mg and 4000 mg
• Third-party tested for quality

Ingredients: Pure Hemp Extract, Grapeseed Oil, MCT Oil, Flavoring

Price: $0.03 / mg

Potency: 4.16 – 133.3 mg / mL

This oil is one of the most affordable products on the market. It contains pure CBD, so it won’t provide the synergy from other cannabinoids and terpenes many users seek out in CBD oils. However, if you’re tested for THC in your workplace or simply don’t want to ingest any other compounds, it would be difficult to find a better supplier.

Hemp Bombs extracts are made from organically grown hemp, so they’re free of any harmful chemicals such as heavy metals, pesticides, or mycotoxins. The product is entirely pure and THC-free, which is confirmed by Certificates of Analysis from third-party laboratories.

The flavors offered by Hemp Bombs are both exotic and palate-pleasing, although achieved with synthetic flavorings.

5. Elixinol (High Quality)

Product Highlights:

• CO2-extracted
• Potency between 300 mg and 5000 mg
• Full-spectrum CBD
• Third-party lab tested

Ingredients: Full-spectrum Hemp Extract, MCT Coconut Oil

Price: $0.08

Potency: 10 mg – 166.6 mg / mL

This oil is a relatively cheap product infused with a full-spectrum hemp extract, so the users get the entourage effect after taking it. Similar to the CBD oils listed above, Elixinol oil drops are good for the management of anxiety, stress, inflammation, sleeping difficulty, as well as for general wellness. Elixinol offers two flavor options: natural and cinnamint.

This company uses supercritical CO2 extraction. Its coconut base contains medium-chain triglycerides, which are known to improve the absorption of CBD oil on top of providing a stable source of energy for the brain.

The oil has a 1-mL dropper with fraction marks to improve its accuracy.

What Determines the Quality and Price of CBD Oils?

Hemp Source

Hemp is the plant material used for CBD oil extraction. The quality of hemp depends on the growing environment and farming practices. Large-scale manufacturers often use pesticides or growth boosters, not to mention that they don’t grow these crops in the most nutritious soil out there.

This can be bad for your health because hemp plants are bioaccumulators, meaning they absorb every substance from the environment they grow in — both the good and bad ones.

The best CBD oils come from organic, non-GMO hemp grown under natural sunlight and without synthetic additives. Such plants yield high-CBD flowers, which are then used for CBD extraction. Until recently, many companies have been importing their hemp from Europe due to lower costs. However, under the 2018 Farm Bill, hemp has become more accessible in the USA, so local farms offer competitive pricing now.

Method of Extraction

CBD can be extracted using a variety of methods — from alcohol extraction to hydrocarbons, steam distillation, and CO2 extraction.

The CO2 extraction technology is by far the best method to produce CBD oil. It can yield higher concentrations of CBD while preserving the original cannabinoid and terpene profile of the hemp plant. Most premium full-spectrum CBD oils are extracted using supercritical CO2.

Avoid products extracted through the hydrocarbon method; they could have been improperly purified and thus may contain toxins.

Third-Party Testing

Despite its undeniable progress throughout the years, the CBD industry remains unregulated. Unlike mainstream drugs that are tested and approved by the FDA, no governmental body takes the specific responsibility for ensuring the quality of CBD oils.

Reputable brands strive to eliminate the regulation gap caused by this limbo. The most common way of verifying whether your CBD oil is a legitimate or sub-par product is to read the lab reports from an independent content analysis that checks the potency of the product and looks for any potentially dangerous chemicals.

Always ask for third-party lab reports when buying CBD oil online.

Should You Buy Cheap CBD Oil?

When browsing through different products, you may have concerns about their quality if you see a lower price tag. However, most concerns are related to the source of CBD oil.

Since the market is largely unregulated, companies can be very liberal when it comes to labeling. There’s a risk of buying a mislabeled product that comes from marijuana instead of hemp. Marijuana is naturally high in THC, so products made from this type of cannabis not only can get you high but are also illegal on the federal level.

The other issue with cheap CBD oils is if they don’t contain toxins. Toxins can be found in any product due to poor manufacturing or hazardous extraction methods. CBD oil extracted with hydrocarbons is more likely to contain dangerous residue than those obtained using CO2, alcohol, or carrier oil. It’s best to avoid butane-extracted products.

One surefire way to check if the product you purchase is safe is by checking whether the company has tested its product in a third-party laboratory. The results from the lab analysis should be available on the company’s website or, at least, on request.

How to Buy Affordable, High-Quality CBD Oil

The abundance of CBD brands and the lack of regulation in the industry means that you have to have eyes around your head when looking for a cheap product. Follow these simple steps to ensure you’re not handing out your money to fly-by-night companies.

1. Buy from a Trustworthy Source

We encourage you to buy your CBD oil from retailers with a good reputation. There are some well-established brands whose products we’ve listed in the above ranking. Enough of these companies provide various discounts, coupon codes, reward programs, and bulk pricing to help you save money on your supplies.

2. Order Online

Once you’ve found a trustworthy brand, check if it has an e-commerce platform. Most of these companies ship their products to all 50 states, so you can order your CBD oil in the comfort of your home and have it delivered to your door in a few business days. Of course, you’ll have to brace yourself with patients for those extra days, but you’ll likely pay 2-3 times less than you would in-store. That’s because online stores can cut out the middleman and offer better deals on their products.

3. Read the Lab Reports

A reputable company should be transparent enough to be able to prove their claims with a legitimate document. Again, we’re referring to testing reports from a third-party laboratory. Make sure to check if the company you want to purchase from provides these reports either on its website or when you contact them.

Summary: Cheap vs Affordable CBD Oils

The term “cheap CBD oil” is a bit of an oxymoron because CBD oils take a lot of time and money to produce if you want a safe, high-quality product that will maximize the results of your supplementation.

There’s a fine line between “cheap” and “affordable.” While you shouldn’t generally buy CBD on the cheap, finding a premium product that comes with an affordable price is totally doable.

We hope that this article will help you find the right product for your needs. If you don’t have the time to do your own research, you can use our recommendations from above to get a CBD oil that works without leaving your wallet in a critical condition.