Vermont Biz: Sunsoil Cuts Prices by up to 40%
Vermont Business Magazine -- Sunsoil, a certified organic hemp farm and vertically integrated CBD brand based in Burlington, has announced price cuts of up to 40% - a move that runs counter to its major competitors and economic inflation at large. This comes on the heels of a successful new product launch into the edible CBD segment with Sunsoil’s first-ever organic, vegan CBD gummies.
“Since 2015, we’ve demonstrated our commitment to making great CBD accessible to everyone. Now, as the cost of everything rises, we’re working even harder to reduce our prices without ever compromising on quality,” says Bharat Ayyar, General Manager at Sunsoil.
Prior to these recent price cuts, Sunsoil’s pricing (5 cents per milligram of CBD) was already roughly half that of the industry average (10 cents per milligram).
Sunsoil products now start as low as 3.75 cents per milligram, or 3 cents per milligram with a subscription. Comparable products from Charlotte’s Web and +PlusCBD cost 6.7 cents per milligram (+77% more costly) and 8 cents per milligram (+113% more costly), respectively.