Best Cheap CBD Oil

Best Cheap CBD Oil

Comparing prices in the CBD oil market can be a tricky enterprise, which is one unintended consequence of the industry’s explosive growth.

Consumers now have their pick between cheap CBD oils in isolate, broad-spectrum, and full-spectrum forms of highly varying concentrations, and that’s just oil—gummies, capsules, and topical CBD products are seeing similarly strong bumps in popularity. 

Given the broad range of available concentrations, we found that the best way to determine the cheapest CBD oil (or edible, capsule, etc.) is to prioritize per-milligram value, so that will be our chief inclusion criteria for this list.

We have also included the cheapest product available for each brand in terms of raw retail price.

Finally, there is such a thing as too cheap for anyone who values quality, which is why we’ve only included selections from the best brands.

Best Cheap CBD Oil: Table of Contents

  1. Cheapest CBD Oils and Tinctures
  2. Cheapest CBD Gummies
  3. Cheapest CBD Topicals
  4. Cheapest CBD Softgels and Capsules
  5. Finding the Right (Cheap) Product for You

Cheapest CBD Oils and Tinctures

cheap cbd oil

As expected, the cheapest CBD oil offered from each brand is almost always the largest product in terms of total milligrams of CBD.

Anyone looking to trial smaller amounts of CBD still has plenty of options in terms of sampler packs and smaller orders offered by many of these brands, but the per-milligram price will rise in proportion to the decrease in overall CBD content. 

That said, let’s unveil our master list of the best cheap CBD oil being offered right now from the most
trustworthy brands in the industry, starting with CBD oils and tinctures.

BrandLowest price per mgLowest retail price
Lazarus Naturals$0.02$12
Five CBD$0.029$49.99
Panacea$0.037$21.95
Medterra$0.044$34.99
Charlotte’s Web$0.046$24.99
CBDistillery$0.048$32
Elixinol$0.055$11.99

Lazarus Naturals

Lazarus Naturals High Potency CBD Tincture

Concentration

120ml: 6,000mg (50mg/serving)

Price

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Potency standards are all relative in the regulatory labyrinth that is the CBD market, but Lazarus Naturals defines it at 50mg/mL, which is indeed more concentrated than most.

Their 120-mL bottle of high-potency CBD tincture, which yields 6,000mg of CBD, costs $120, coming in at two cents per milligram

This high-quality cheap CBD oil tincture is made with organic hemp seed and coconut MCT oils, and is favored by newcomers to CBD for both its quality and moderate potency level.

Lazarus Naturals also wins cheapest retail product for this category with their Yuzu (a Japanese citrus fruit) standard-potency tincture.

The (cheapest) Yuzu tincture provides 300mg of CBD at the same 20mg/mL concentration for the extremely competitive price of $12. 

Five CBD

Five CBD

Concentration

60ml: 6,000mg (100mg/serving)

Price

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Five CBD comes in a close second place with their original CBD oil formula, a tincture that also contains THC, CBN, CBC, and a litany of additional cannabinoids and terpenes.

The largest and most value-conscious version of Five’s original CBD oil provides 6000mg of CBD and costs $174.99, which equals 2.9 cents per milligram

The same oil will run you $49.99 for the lowest concentration (1500mg), which is the cheapest CBD oil they have. 

In either case, shoppers can choose between three natural extracts for flavoring: citrus, mint chocolate, or lavender.

Panacea

Panacea CBD Oil Drops

Concentration

30ml: 2,700mg (90mg/serving)

Price

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If 6,000 milligrams seems like too much of a commitment, shoppers looking for smaller quantities can still find bulk-level discounts at Panacea.

Their full-spectrum CBD oil drops provide 2700mg of CBD at $99.95, which equates to roughly 3.7 cents per milligram.

The cheapest product Panacea offers is the 300mg concentration of the same oil, available to samplers for a lean $21.95. 

Panacea’s drops are made with hemp-derived CBD and MCT coconut oil, and they’re available in mixed berry, vanilla, or natural flavors. 

Medterra

Medterra CBD Tincture

Concentration

30ml: 3,000mg (100mg/serving)

Price

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Even if they didn’t clamber their way up (or is it down?) to the very top of this list, Medterra is favored by many CBD takers for their extensive certifications, totally organic growing process, and overall product quality.

Their CBD oil is no different, offering 3,000mg of 99%+ pure, CO2-extracted CBD for $132.99, which equates to roughly 4.4 cents per milligram. 

The cheapest product available is the 500mg version of the same oil, priced at $34.99.

Medterra offers all three sizes of their CBD oil drops in a one-ounce bottle with marked dropper lid for easy measuring.

Charlotte’s Web

Charlotte’s Web 60mg/ml CBD Oil

Concentration

100ml: 6,000mg (60mg/serving)

Price

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One of the first companies to successfully commercialize CBD, Charlotte’s Web is hailed across the industry as a reliable and time-tested provider of all kinds of CBD products.

The 100-mL bottle of their 60mg/ml product provides 6000mg of CBD for $274.99, which equates to 4.6 cents per milligram. 

Dabblers can familiarize themselves with Charlotte’s Web for as low as $24.99 using the 170mg (17mg/mL) starter-size oil, available in mint chocolate.

Even if they aren’t the absolute cheapest, thanks to their 30-day satisfaction guarantee and extensive certifications (lab testing, U.S. Hemp Authority, and more), Charlotte’s Web is very popular among newcomers to CBD.

CBDistillery

CBDistillery 5,000mg Full-Spectrum CBD Tincture

Concentration

30ml: 5,000mg (166.67mg/serving)

Price

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The nice thing about CBDistillery’s most affordable oils is that consumers can choose between 2500mg broad-spectrum ($120) and 5000mg full-spectrum ($240) products at the same price point: 4.8 cents per milligram. 

The cheapest product in terms of absolute dollar amount is the 500mg broad-spectrum CBD oil, available for $32.

CBDistillery’s broad-spectrum and isolate oils are third-party tested and certified to ensure non-detectable levels of THC, i.e., less than 0.1%.

They may not offer a variety of flavors, but every tincture is formulated to leverage the entourage effect for enhanced benefits.

Check out our current CBDistillery coupon to save even more.

Elixinol

Elixinol Daily Balance CBD Tincture

Concentration

120ml: 4,000mg (33.3mg/serving)

Price

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Tied with Charlotte’s Web at 5.5 cents per milligram is Elixinol, who offers their 4000mg Daily Balance Tincture at $219.99 (5.5 cents per milligram)

On the other end of the spectrum, Elixinol (like Lazarus Naturals) also has a $11.99 sampler available in both broad-spectrum and full-spectrum for anyone looking to experiment, but they provide 133mg of CBD to Lazarus’s 300mg.

Elixinol’s cheap CBD oil tinctures are fortified with additional beta-caryophyllene, a terpene that aids absorption, and extracted using highly safe and effective supercritical CO2 extraction methods.

Plus, they come in cinnamint.

Cheapest CBD Gummies

cheap cbd gummies

Gummies are a great option for people who want to cover up the CBD taste, and they offer the added benefit of being super easy to measure dosage-wise. 

You don’t always have to cheat on your diet, either, because many of these gummies are made with natural extracts and very little (or no) added sugar. 

BrandLowest price per mgLowest retail price
Five CBD$0.04$39.99
Panacea$0.05$19.95
Medterra$0.053$39.99
CBDistillery$0.067$60
PlusCBD$0.075$27.99

Five CBD

Five CBD The Daily Buzz Gummies

Concentration

30-count: 1,500mg (50mg/gummy)

Price

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Five offers a diverse lineup of CBD gummies, including their original formula, melatonin-infused gummies for sleep, and this category’s winner for overall value, their extra-strength “Daily Buzz” gummies (these contain 5:1 CBD to THC). 

The Daily Buzz gummies provide 1500mg of total CBD for $59.99, which equates to four cents per milligram, a feat made even more impressive by the full cannabinoid and terpene profile.

The lower potency gummies retail for a reduced price of $34.99.

Panacea

Panacea Cherry Bomb CBD Gummies

Concentration

20-count: 400mg (20mg/gummy)

Price

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They may have missed the mark by a penny for per-milligram-value winner, but Panacea sealed a close second in value and first place in lowest retail price, all with the same product.

Panacea’s vegan, organically sourced Cherry Bomb CBD gummies provide 400mg of CBD for $19.95, which equates to just under 5 cents per milligram. 

Like all their other products, Panacea’s gummies are backed by a third-party testing certificate, and the cherry flavoring is highly favored among customers looking to mask the earthy CBD taste. 

Medterra

Medterra CBD Gummies

Concentration

30-count: 750mg (25mg/gummy)

Price

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CBD alone can do some pretty amazing things, but Medterra has never been content to simply mix it with a carrier oil and call it a day. 

Their CBD gummy line is no exception; customers can choose from Keep Calm, Sleep Tight, or Stay Alert CBD gummies, each priced at $39.99 for 750mg of CBD, which equates to 5.3 cents per milligram.

Medterra uses L-theanine, melatonin, and other ingredients in their formulations to help focus the supplement’s effects on improving sleep, concentration, or mood.

Available flavorings include citrus punch, strawberry, and tropical fruit. 

CBDistillery

CBDistillery CBD Gummies

Concentration

30-count: 900mg (30mg/gummy)

Price

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For a well-rounded broad-spectrum dose of CBD that can also address sleeping or anxiety issues, CBDistillery has proven themselves across product lines as a reliable provider of affordable CBD supplements.

Their broad-spectrum CBD sleep and “anytime” gummies are formulated with ingredients like melatonin and partnering cannabinoids to help ease the day’s stress and gently encourage the body towards its resting state.

Both their sleep and anytime gummies are priced at $60 for 900mg, equating to 6.7 cents per milligram.

Available flavors include mixed berry and tropical fruit.

PlusCBD Oil

PlusCBD CBD Gummies

Concentration

60-count: 600mg (10mg/gummy)

Price

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To the mutual benefit of the brand and their customers, PlusCBD Oil has maintained a more thoughtful approach than most when it comes to hemp sourcing.

Their cheap CBD gummies are made from “true hemp” that provides not only a full selection of cannabinoids in their natural ratios, but fatty acids that allow us to absorb CBD and produce our own cannabinoids more efficiently.

The 60-count tub of PlusCBD’s extra-strength gummies provides 600mg of CBD for $44.99, which equates to 7.5 cents per milligram. 

Flavors on offer at this time include cherry mango and citrus punch. 

Cheapest CBD Topicals

cheap cbd topicals

Unlike orally ingested CBD, applying a CBD lotion, gel, or cream allows direct treatment of specific areas of your body.

Topical users also receive the benefit of additional natural extracts and skin-healthy nutrients often provided in the product, with one downside: doses are much harder to measure accurately.

BrandLowest price per mgLowest retail price
Charlotte’s Web$0.027$14.99
Lazarus Naturals$0.035$12
Medterra$0.055$19.99
Elixinol$0.06$9.99

Lazarus Naturals

Lazarus Naturals CBD Lotion

Concentration

6.7oz: 2,000mg (298.5mg/oz)

Price

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As expected, Lazarus places near the top once more, this time with their Pacific Pine CBD Lotion.

The 6.7-oz bottle of this third-party tested lotion provides 2,000mg of CBD for $70, which equates to 3.5 cents per milligram. 

You can also get started for just $12 with a small order of their CBD lotion, massage oil, or coconut oil. 

In addition to high-purity CBD, Pacific Pine CBD Lotion is made with aloe barbadensis leaf juice, fir needle oil, and other natural ingredients that make it gentle, effective, and easy on the nose. 

Charlotte’s Web

Charlotte’s Web Hemp-Infused Cream

Concentration

2.5oz: 750mg

Price

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Topical CBD is where Charlotte’s Web makes its move to the front of the pack price-wise, thanks to their hemp-infused CBD cream.

Free of parabens, artificial colors, GMOs, fragrances, and eight common allergens, this cream was designed to accommodate people with sensitive skin.

The 2.5-oz tube provides 750mg of CBD for $19.99, which equates to 2.7 cents per milligram.

Lowest dollar amount winner is a dead heat between the Hemp-Infused Roll-On with CBD (100mg) and the Hemp-Infused Balm with CBD (450mg), both retailing at $14.99. 

Medterra

Medterra Pain Cream

Concentration

1.7oz: 1,000mg

Price

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CBD partners with plant-derived arnica in Medterra’s hemp pain cream for enhanced tissue repair capabilities.

The 1.7-oz tube provides 1000mg of CBD for $54.99, which equates to 5.5 cents per milligram. 

Considering that’s about double the concentration of the previous product from Lazarus, first-time users are recommended to trial smaller amounts of this preservative-free cream. 

Speaking of smaller amounts, Medterra’s rapid cooling roll-on is Medterra’s topical with the lowest retail price at $19.99, which isn’t too shabby for 250mg of portable CBD. 

Elixinol

Elixinol CBD Sports Gel

Concentration

3.4oz: 1,000mg

Price

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The last thing you need after an intense workout is to slather those open pores with a paraben and artificial fragrance cocktail, which is where Elixinol comes in with their CBD Sports Gel.

Unlike deodorant and less chemically conscious sports gels, Elixinol’s version is 100% plant-based, leveraging the power of capsaicin, arnica, and CBD to hydrate and nourish your skin.

This cheap CBD product provides 1,000mg of CBD for $59.99, which equates to six cents per milligram.

Also, Elixinol’s CBD Balm is the cheapest topical in terms of retail price if you don’t count their CBD lip balm, at just $9.99 for the 1-oz bottle (50mg of CBD).

Cheapest CBD Softgels and Capsules

cheap cbd softgels and capsules

They may not be as fun in terms of flavoring, but what they lack in excitement, capsules more than make up for in convenience.

Like gummies, CBD capsules make it super easy to measure CBD doses, and they’re even easier to take than drops.

BrandLowest price per mgLowest retail price
Lazarus Naturals$0.02$18
Medterra$0.045$44.99
Five CBD$0.047$34.99
Panacea$0.063$29.95
Elixinol$0.072$34.99

Lazarus Naturals

Lazarus Naturals 50mg CBD Capsules

Concentration

200 capsules: 10,000mg (50mg/capsule)

Price

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In the same way they command this list of the cheapest CBD oil products, Lazarus insists on overseeing both the extraction and formulation of their well-reputed and cheap CBD oil capsules.

The 200-count bottle of their 50mg capsules provides a total of 10,000mg of CBD, which equates to a paltry 2 cents per milligram. 

In addition to lab-certified CBD, Lazarus includes d-Limonene and beta-caryophyllene to their formula, two terpenes that enhance many of CBD’s capabilities. 

The smallest version of Lazarus’ 25mg capsules—the 10-count bottle—wins the cheapest retail award at $10.

Medterra

Medterra CBD Gel Capsules

Concentration

30-count: 1,500mg (50mg/capsule)

Price

Click “Learn More” to check price.

We’ve talked a lot about broad- and full-spectrum CBD products, and for good reason, but for anyone who prefers (or needs) to take an isolate, Medterra’s CBD capsules are a definitive win.

Their more concentrated version provides 1,500mg of CBD (30 x 50mg capsules) for $66.99, which equates to 4.5 cents per milligram.

The less concentrated version is their most affordable CBD capsule in terms of absolute price, retailing at $44.99 for 750mg. 

CBD, MCT oil, and gelatin – that’s it. 

Five CBD

Five CBD Original Strength CBD Capsules

Concentration

30-count: 750mg (25mg/capsule)

Price

Click “Learn More” to check price.

On the opposite end of the cannabinoid profile spectrum is Five’s full-spectrum CBD capsules, which are formulated with THC, CBN (cannabinol), CBC (cannabichromene), and several other cannabinoids.

Five uses 25mg capsules, and their 30-count bottle provides 750mg of CBD for $34.99, which equates to 4.7 cents per milligram. 

The added benefit in this case is convenience of dosage; consumers can still enjoy bulk-level pricing with a low-concentration capsule that allows them to split doses throughout the day.

Panacea

Panacea F.A.S.T. 25mg CBD Tablets

Concentration

30-count: 1,500mg (50mg/softgel)

Price

Click “Learn More” to check price.

Capsules, like other orally ingested forms of CBD, tend to “kick in” much slower than pulmonary or intravenous ingestion, but Panacea is working to narrow that gap.

Their DAILY 50mg CBD softgels are formulated to provide enhanced absorption, a hallmark of Panacea’s products.

Panacea charges $89.95 for their 1,500mg size, which equates to 6 cents per milligram. 

That does it for value, but their cheapest offering, which is the 450mg version of the same product, retails at $29.95. 

Elixinol

Elixinol CBD Capsules

Concentration

60-count: 900mg (15mg/capsule)

Price

Click “Learn More” to check price.

Finally, Elixinol sneaks into 4th place for cheapest CBD oil products in the topical category with their Daily Balance Capsules.

The 60-count bottle of these full-spectrum CBD capsules offers 900mg of CBD for $64.99, which equates to 7.2 cents per milligram. 

The 450mg version of the same product is available for $34.99, making it the cheapest in this category for Elixinol.

Elixinol uses naturally occurring cannabinoids in their formulations, not isolates, and never any synthetic chemicals, fragrances, or solvents. 

Finding the Right (Cheap) Product for You

Front-end savings aren’t really savings if you have to buy a second product to meet your specific concerns, or if you need to exchange your purchase.

Ensuring that your purchase is both safe and effective for your specific needs requires more than a keen eye for bargains.

Sticking to highly reputable brands like the above will cover product quality and safety, but to find the best cheap CBD oil for you, it’s important to research what each formulation is designed to do (e.g., sleep improvements, stress relief, etc.).

Given the staggering size of the CBD market, anyone willing to put in just a few minutes of research can find the perfect CBD product for cheap. 

Avatar for Tim Kalantjakos
Tim Kalantjakos

Tim Kalantjakos is a health and wellness content writer, marketer, and former physical therapist assistant living in Omaha, NE. A self-proclaimed detangler of stuffy and jargon-filled medical concepts, Tim uses writing as a way of educating and informing health-conscious people all over the world in plain English. When he’s not writing, Tim is playing with his two little girls, cooking, and making unnecessary landscaping changes to his backyard.