Spero CBD, practical or uneconomical?

Cannaveral Team
3 min readSep 19, 2020

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With the rampant increase in CBD brands, many companies seem to be gaining traction regardless of their pricing as the average consumer may not be aware of how affordable CBD really is. Our attention is caught by Spero CBD accumulating upwards of a million dollars in crowdfunding at Startengine with a minimum investment starting at $250. This raises a few questions, such as is this brand able to be disruptive in the CBD market, or is it another one of many inflated brands akin to JustCBD with prices that are impractical for the average consumer?

Is Spero overpriced CBD with ornate packaging?

Let’s take a look at a few factors that we can determine this very easily with, as we have seen other sources with high-quality full-spectrum CBD at very affordable pricing such as Florida based Cannaveral.

Pricing:

We know any business needs to turn a profit, this doesn’t mean the consumer should be gouged by pricing as a company may not have the supplier to provide the best pricing for not just the consumer but also for the retailer.

Starting with their CBD gel capsules which some may prefer over tinctures, but at a price tag of $74.95 for 600mg (10mg per serving), this is very questionable pricing similar to JustCBD capsules providing 750mg (25mg per serving) for $59.99, whereas Cannaveral usurps both of these “renown” brands at 500mg for $18.99. Making Cannaveral the obvious go-to for bang for your buck pricing on full-spectrum CBD.

Cannaveral clearly being the winner in our breakdown of price comparison.

Conclusion:

While Spero CBD can offer a product with full-spectum CBD, it’s pricing is not discerning to the retail market that Cannaveral provides.

Is Spero going to be able to deliver or fly away with investors hopes of a lucrative return?

With that said, we don’t know the longevity that Spero may be able to sustain if they can’t come down on pricing to maintain a position in this battle of brands where quality CBD products are readily available.

Looking at Cannaveral’s “Cargo” list we can clearly see it’s got quality products to fit every consumer's needs at an affordable price.

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