.svg){kind=small}
Oct-2024
Sales
Trend
6-Month
Product Count
SKUs
Overview
Market Insights Snapshot
BoxHot has demonstrated a strong presence in the Alberta market, particularly in the Vapor Pens category where it maintained a consistent top position from July to October 2024. This stability in ranking, coupled with an uptick in sales from September to October, underscores BoxHot's dominant market position in this category. However, the Pre-Roll category in Alberta tells a different story, with BoxHot dropping from 11th to 18th place by October, indicating potential challenges or increased competition in this segment. In British Columbia, BoxHot has also held the number one spot in Vapor Pens consistently, though sales have seen a downward trend, suggesting a need to address market dynamics or consumer preferences.
In Ontario, BoxHot has maintained a strong second position in the Vapor Pens category, reflecting steady consumer demand and brand loyalty. The Pre-Roll category, however, shows a slight decline in ranking from 15th to 17th place over the months, which might indicate a need for strategic adjustments. Meanwhile, in Saskatchewan, BoxHot's performance in Vapor Pens fluctuated slightly, moving between first and second positions, which could suggest a tightly contested market or variable consumer preferences. The absence of BoxHot from the top 30 in certain other categories or regions could point to opportunities for expansion or areas needing strategic focus.
Competitive Landscape
In the competitive landscape of vapor pens in Ontario, BoxHot has consistently maintained its position as the second-ranked brand from July to October 2024. Despite not overtaking the leading brand, Back Forty / Back 40 Cannabis, which has held the top spot, BoxHot's sales trajectory shows robust growth, particularly between July and August. This growth trajectory is crucial as it indicates a narrowing gap with the market leader, suggesting potential for future ascension in rank. Meanwhile, General Admission remains stable in third place, with a noticeable decline in sales, which could present an opportunity for BoxHot to further solidify its second-place position. Additionally, XPLOR has shown improvement by moving from fifth to fourth place, yet it remains significantly behind BoxHot in terms of sales, posing minimal immediate threat. These dynamics underscore BoxHot's strong market presence and potential for continued growth in the Ontario vapor pen category.
Notable Products
In October 2024, BoxHot's Peach OG Distillate Cartridge (1.2g) maintained its top position in the Vapor Pens category, continuing its consistent performance as the number one product since July. Cherry Kush CO2 Cartridge (1.2g) held steady at the second position, showing stable sales figures similar to September with 16,240 units sold. Highlighters - Peach OG Distillate Disposable (1g) ranked third, recovering from a lack of ranking in September, yet showing a slight decline in sales compared to August. Alien OG Distillate Cartridge (1.2g) remained in fourth place, experiencing a gradual decline in sales since August. Fatties - Exotic Trifecta of Smoking Power Distillate Infused Blunt 3-Pack (3g) dropped to fifth place from its third position in September, indicating a decrease in consumer preference or demand.
Top Selling Cannabis Brands
Data for this report comes from real-time sales reporting by participating cannabis retailers via their point-of-sale systems, which are linked up with Headset’s business intelligence software. Headset’s data is very reliable, as it comes digitally direct from our partner retailers. However, the potential does exist for misreporting in the instance of duplicates, incorrectly classified products, inaccurate entry of products into point-of-sale systems, or even simple human error at the point of purchase. Thus, there is a slight margin of error to consider. Brands listed on this page are ranked in the top twenty within the market and product category by total retail sales volume.
