5 Best Cheap CBD Oils: Reviews & Guide (November 2021)

By | last updated November 27, 2021

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We all want to spend as little as possible to get the best product. Does that apply to CBD oil? Can you find a cheap CBD tincture that’s also good?

The short answer is yes. When it comes to CBD oil, a high price does not necessarily mean high quality. There are plenty of effective, affordable options.

But they’re not easy to find. To help you make an informed choice, we compared dozens of leading brands based on price, third-party lab test results, hemp quality, potency, and other criteria.

Here are our reviews of the 5 best cheap CBD oils and tips for choosing affordable brands.

Top 5 Best Cheap CBD Oils

  1. Best Overall: Lazarus Naturals High-Potency Tincture
  2. Best Full-Spectrum: Five CBD Full-Spectrum Oil
  3. Best THC-Free: CBDistillery Broad-Spectrum CBD Oil
  4. Strongest: Crescent Canna Full-Spectrum CBD Oil
  5. Best Flavors: Fab CBD Oil

CBD Terminology

  • Terpenes: aromatic plant compounds with a wide variety of beneficial properties (1).
  • Minor cannabinoids: CBN, CBG, and other beneficial cannabinoids found in smaller amounts than CBD.
  • Hemp: non-intoxicating cannabis variety with high CBD and low THC levels (less than 0.3%).
  • Full-spectrum: whole-plant hemp extract containing multiple cannabinoids, terpenes, and flavonoids. This form of CBD is about 4 times more potent than pure CBD (2).
  • Broad-spectrum: whole-plant hemp extract similar to full-spectrum CBD, but with THC removed (may contain trace amounts).
  • CBD isolate: pure CBD with all other hemp compounds removed.

Lazarus Naturals Classic High Potency Tincture (Best Overall)

lazarus naturals full spectrum tincture classic

5/5

CBD Potency50 mg/ml
Volume30-120 ml
Total CBD1500-6000 mg
Cost per mg CBD$0.02-0.03
TypeFull-spectrum
Flavors4
Third-Party TestsView report

Use coupon code CBDTHINKER for 15% off

Pros: 

  • Exceptionally low price
  • Multiple flavors and bottle sizes
  • USDA organic certification

Cons:

  • None

Founded in 2014, Lazarus Naturals is one of the most popular and respected CBD brands on the market. Despite having some of the lowest prices for CBD oil you’ll find anywhere, the company offers exceptional quality. 

Its high-potency, full-spectrum (50 mg/ml) CBD oils cost only about $0.02–0.03 per mg of CBD, which is ridiculously cheap. It’s also certified organic by the USDA and available in three bottle sizes and four flavors.

Whereas most CBD brands buy hemp or finished products from other producers, Lazarus Naturals grows its own hemp on a farm in Central Oregon. It also provides detailed third-party lab test reports.

Five CBD Full-Spectrum Oil (Best Full-Spectrum)

five cbd full spectrum cbd oil

5/5

CBD Potency50-100 mg/ml
Volume30-60 ml
Total CBD1500-6000 mg
Cost per mg CBD$0.03
TypeFull-spectrum
Flavors2
Third-Party TestsView report

Pros: 

  • Rich in minor cannabinoids and terpenes
  • Multiple flavors and bottle sizes

Cons:

  • None

If you’re looking for the most effective, affordable full-spectrum CBD oil, we recommend Five CBD. What makes this brand different is a 5:1 ratio of CBD to minor hemp cannabinoids in its products (proven by detailed third-party test reports).

That means for every milligram (mg) of CBD, you’re also getting about 0.20 mg of other beneficial cannabinoids that strengthen CBD’s effects. In comparison, most other brands have a ratio of 10:1 or lower.

Five CBD’s oil comes in high strengths of 50-100 mg/ml and citrus and mint chocolate flavors. It’s made from organic American hemp and has a low cost of $0.03 per mg of CBD.

CBDistillery Broad-Spectrum CBD Oil (Best THC-Free)

cbdistillery broad spectrum cbd oil

5/5

CBD Potency17-83 mg/ml
Volume30 ml
Total CBD500-2500 mg
Cost per mg CBD$0.05-0.06
TypeBroad-spectrum
Third-Party TestsView report

Use coupon code TAKE15 for 15% off

Pros: 

  • Multiple strengths
  • U.S. Hemp Authority-certified

Cons:

  • None

CBDistillery is another top-tier CBD company with affordable prices. If you’re looking for a cheap, THC-free CBD oil, we recommend its broad-spectrum tinctures.

They’re available in strengths ranging from 17 mg to 83 mg/ml (500-2500 mg CBD) and cost 5 to 6 cents per mg of CBD.

CBDistillery’s products are sourced from organic Colorado hemp and go through comprehensive third-party testing. They’re also certified by the U.S. Hemp Authority, which highlights a commitment to leading hemp production standards.

Crescent Canna Full-Spectrum CBD Oil (Strongest)

crescent canna full spectrum cbd oil

4.5/5

CBD Potency167 mg/ml
Volume30 ml
Total CBD5000 mg
Cost per mg CBD$0.03
TypeFull-spectrum
Flavors2
Third-Party TestView report

Pros: 

  • Very high strength
  • Two flavors

Cons:

  • Very low levels of THC

If you need a cheap, high-potency CBD oil, we recommend Crescent Canna. Its full-spectrum CBD oil has a strength of 167 mg/ml (5000 mg total): one of the strongest on the market.

It comes in natural and bright citrus flavors. Better yet, it costs only $0.03 per mg of CBD, one of the lowest prices you’ll find.

Crescent Canna is a rising CBD brand from New Orleans, Louisiana. Its products are sourced from organic American hemp and tested by a third-party lab for purity and potency.

Fab CBD Oil (Best Flavors)

fab-cbd-oil

5/5

CBD Potency10-80 mg/ml
Volume30 ml
Total CBD300-2400 mg
Cost per mg CBD$0.05-0.13
TypeFull-spectrum
Flavors5
Third-Party TestsView report

Pros: 

  • Five flavor options
  • Comprehensive third-party testing

Cons:

  • None

If you’re looking for an affordable CBD oil with pleasant flavors, Fab CBD is a good option. You can choose from five flavors: natural, citrus, mint, vanilla, and berry, and strengths ranging from 300 to 2400 mg.

Price-wise, you’ll get the best deal by buying the strongest version ($0.05 per mg of CBD).

Fab CBD’s products are sourced from organic Colorado hemp and comprehensively tested by a third-party lab to verify their purity and potency.

What’s Considered a Cheap CBD Oil?

The easiest way to compare the prices of CBD oil, or any CBD product for that matter, is by the price per milligram (mg) of CBD. For example, if a CBD oil costs $50 and contains 500 mg of CBD, that means you’re paying 50/500 = $0.10 per mg. 

So, how much should you pay for cheap CBD oil?

Roughly speaking, the prices of CBD oil can be divided into three tiers:

  • Cheap: $0.01–0.07 per mg
  • Average: $0.08–0.11 per mg
  • High: $0.12+ per mg

That means a cheap CBD oil should cost anywhere from 1 to 7 cents per mg of CBD. However, keep in mind that CBD prices will continue to decrease as time goes on and the industry matures, so we can expect lower prices in the future. 

Money-saving tip: To get the best deal when buying CBD oil, get the bottle that contains the most CBD. This significantly reduces the cost per mg of CBD, can sometimes qualify for free shipping, and the tincture will last you much longer before you need another one.

Choosing the Best Cheap CBD Oil

Now that we know how much cheap CBD oil costs, the next step is to find the right product from a reputable company that falls into this price range.

Here are some tips to keep in mind if you found a low-priced CBD oil and want to figure out if it’s worth buying.

Third-party Testing

These days, all CBD companies are expected to send their products for testing to an independent lab and post the test results publicly. 

These tests help verify whether the CBD oil contains as much CBD (and other cannabinoids) as advertised. They can also check for the presence of pesticides and other contaminants. 

Given the lack of regulation in the CBD industry, third-party testing is absolutely essential.  If the CBD oil you’re looking to buy doesn’t come with these tests, that’s a huge red flag.

Hemp Source

You should also check for information about the hemp used to source the CBD. It should be grown organically in the United States or Europe. It’s even better if the hemp source is USDA organic certified or grown directly by the company but this isn’t required. 

Again, this information should be clearly listed on the company’s website.

Strength

The strength or potency of CBD oil refers to the concentration of CBD per ml of liquid. For example, a tincture with 1800 mg of CBD in a 30 ml bottle has a concentration of 1800/30=60 mg per ml. 

This number is important as it can mean the difference between CBD oil that works for you and one that doesn’t.

Ideally, you should match your dosage preferences to the appropriate CBD oil strength. You can divide CBD tinctures into low (1-15 mg/ml), medium (20-40 mg/ml) and high (40+ mg/ml) strengths. If you’re just starting out, a low-strength CBD oil can be ok. 

Generally speaking, however, it’s always better to go with the high-strength option, because you won’t struggle with needing to take large amounts of oil (more than a dropper) to feel an effect.

Reviews

Customer reviews of a CBD company or product can also help you make an educated decision. 

In particular, we recommend checking reviews on independent websites such as Trustpilot and Reddit, as these sites are not affiliated with CBD companies, which means you’re more likely to find honest, unbiased reviews from real customers.

Transparency

Another mark of a reputable CBD company is transparency. That means clear, easy-to-find information about the company’s history, manufacturing process, third-party testing, and other useful details.

Look around the company’s website to find this information; it will typically be listed in the product descriptions or FAQ and About pages.

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