Sale on our 1 liter tinctures (Distillate in MCT)… https://juniperbiolabs.com/CBD-Bulk-Tinctures_c_14.html
Package as is and/or dilute to other concentration offerings.
Hemp slanging is only allowed in the Hemp Outlet subcategory.
Sorry bout that. Can you delete this post?
Actually, looks like you moved it to the appropriate category?
Thank you
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Moved it to the proper sub
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Thank you!
So, ~250g of distillate plus 750mL MCT for $2000?
There’s guys selling multiple kilos of 90%+ distillate for under that price, my friend.
I think you may be hard pressed trying to find buyers for that price on this site. Everyone here knows what CBD costs.
If you’re seeing success at this price, tell me to fuck off lol. But if you aren’t, I would advise dropping that price quite a bit. $2000 for a quarter kg of distillate is quite a bit.
Just my two cents.
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Appreciate the feedback ZizzleB.
I do understand your points… and we will definitely take into consideration.
To provide a bit more feedback on our pricing on this;
I know isolate is pretty cheap right now, but we have to adjust for changes, so at $800/kg, that’s $200. MCT per liter $30 (until we can purchase drums of the stuff anyway), labor and overhead we’ll say $200 for 1 hour worth of work and finally the biggie… testing. All our product gets tests for potency, solvents, pesticides, metals, microbiological contaminants and mycotoxins… this is $600 for the full suite. So now we are at $1,030 in costs… $970 for product to work margin from (facility costs, salaries, costs of eCommerce/CC swipe fees, etc) . In the future we plan to make bigger batches to bring our testing cost burden down, but at this point we make per order to ensure longest shelf life possible. We don’t want to be shipping tincture that may be 3 or 4 months old.
Next we looked at the market. At $2000 for 1 liter of 6000 mg/30 ml bottle of tincture… you get 33 bottles of tincture. We find a low retail price (anomaly rely) at $120 for 30 ml bottle up to $350 for 30 ml bottle. So if we average that (although the $120 is an outlier)… we are at $235/30 ml bottle… 33 bottles you are at $7,755.00 (of course not accounting for the retailer costs of bottles, time to fill, labels, etc)… but seems that difference of $5,755 should have room to cover those.
Again, we do appreciate the feedback as it makes us go through these numbers again. Knowing the pricing has been dropping significantly for wholesale, seems prudent retailers also need to be asked about realistic costs and profits. Make it a level playing field for all!
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I don’t think there is a soul here that would pay this.
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Wouldn’t a full spectrum tincture (made from crude) be both more attractive to the consumer and cheaper to make?
You would have to drop the potency (~2g/bottle?) to remain compliant, but 200mg/ml seems pretty high.
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Thanks Raghanded and Cyclopath.
In this ever changing market, we always evaluate and re-evaluate pricing, offerings, etc. Looking like this might be a product we’ll need to reconsider. Numbers don’t make much sense to go lower unless we lower our standards of testing (just potency like most tincture CoA’s I see online, although we really like to show how clean of a product we offer!)… or can get bulk pricing lined up by purchasing more.
We definitely offer lower pricing, but to package a single liter or 1/2 liter…we need to charge more. We charge lower prices for bulk orders (i.e. 20 liters at a time), but if someone wants to purchase 1 or 2 liters… it’s an option, but as everyone is stating… a bit more expensive… maybe too expensive.
To Cyclopath, sure, we could do that, something we can add to our management team discussion. That said, our tinctures are full spectrum… maybe something to note at that price. Here is a CoA from a recent (in process) batch of 1000 mg/30 ml.
20-007574-0002_B3B4H - 7_17.pdf (2.2 MB)
And this one;
20-007574-0001_B1B2H - 7_16.pdf (2.2 MB)
Can you explain how a tincture made from CBD isolate can legitimately be called full spectrum?
The mother liquor from making isolate might qualify as broad spectrum. If it does not have the same spectrum of (at least) cannabinoids as the input flower, you might need to revisit the veracity of your marketing
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To keep the convo going… we also anticipated with a high concentration option (6000 mg/30 ml), you could dilute the product to offer 3,000, 1,500 etc… so the pricing was based on a “stock” tincture to create more than just 1 liter of final product from.
Again… really appreciate the feedback from everyone!
We don’t use isolate. We are using full spectrum distillate.
You know if your isolate has a full panel test you don’t need to get a full panel on your tinctures, right? Just 2 potency per batch assuming you have a control study.
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Ok. I was just taking your word for that…
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That’s fair… I realized I mentioned isolate in a reply. We are using distillate for our tinctures. I posted a couple CoA’s that will show the cannabinoid profile.
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The profile for the input would probably be more informative. Given the LODs
Our distillate cost is also at $800 for cost calcs. Hence my mistake…
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