The answer to this question lies in the fact that there are many steps and much plant material required to produce the end product. First, a fairly substantial amount of hemp has to be grown, which takes months, to produce enough seeds and stalk to produce a very small amount of hemp extract. Then, the extract has to be extensively tested to ensure its compound make up and its purity. The extract is then formulated into various forms of products, such as CBD Oil Drops or into Tinctures and is sold to retailers. Each entity along the way needs to earn a fair profit for their efforts. By the time you have 4 or 5 entities involved, the cost level naturally increases to what you see on the market today.
The best way to compare prices is to break each product down to a “cost per milligram of CBD”. By doing this, you can then start to compare the prices of the products. Also, keep in mind that various brands focus on various attributes. For instance, at WhatDoesCBDOilDoForYou, we focus on NOT ONLY on CBD, but the complete absorption process of cannabinoids so our customers get a well rounded blend of organic compound for the best results.