Considering how new the CBD market is and how many variables make up its supply chain, CBD prices are bound to fluctuate. Add to that the fact, that CBD isn’t exactly cheap, and what you see isn’t always what you get – or at the very least it’s not as easy to see as, say, a chocolate bar – and you get a very risky investment.
This is why any big-picture data from reports on CBD prices are always welcomed as helpful benchmarks and rough norms.
The prices of CBD isolates should generally be the most accurate reflection of the prices of CBD altogether, due to the absence of other ingredients.
According to a 2021 report by CBD examine, “the average cost per milligram of CBD in 2020 is $0.099 (about 10 cents),” with CBD isolates averaging at $.0.075 per milligram of CBD. With prescription CBD, the prices go up to 14 cents per milligram.
CBD Examine’s estimate of the price of CBD isolate is pretty much identical to the ones by Jacobsen – between $750 and $760 per kg.
CBD Examine’s report also found an overall drop in the price of CBD.
“The average cost of CBD dropped 37.5% in the last year, from 16 cents per milligram in 2019 to 10 cents per milligram in 2020. Prices for 2019 are derived from CBD Examine’s 2019 CBD Oil Industry Report.”
This is fairly in line with the findings of Cannyx Markets’ research.
According to them, “the prices of CBD isolate are down by 42% year-on year from January 2020 to January 2021.”
