Palmetto

Data Snapshot: Feb 04, 2025
Palmetto Cannabis Brand Logo
$1M+

Jan-2025

Sales

Neutral

Trend

6-Month

90

Product Count

SKUs

Palmetto

Overview

Product Trends

Palmetto Categories

Palmetto Sales

Market Insights Snapshot

Palmetto Historical Sales by Category

Palmetto's performance across Canadian provinces shows a varied picture, with notable movements in different categories. In Alberta, the brand has shown a significant upward trajectory in the Flower category, climbing from the 97th rank in December 2024 to the 69th by January 2025. This is a positive indicator of increasing market penetration in this category. However, in the Beverage category, Palmetto was absent from the top 30 rankings in November and December 2024, which might suggest challenges in maintaining a competitive edge in this segment. Meanwhile, in British Columbia, Palmetto's performance in Vapor Pens is noteworthy, maintaining a strong position within the top 30, although experiencing a slight dip to the 25th rank in January 2025 from a peak of 20th in December 2024.

In Ontario, Palmetto's presence in the Flower category has shown a downward trend, slipping from 44th in October 2024 to 60th by January 2025. This decline highlights potential challenges in sustaining growth in this competitive market. On the other hand, the Pre-Roll category in Ontario saw Palmetto drop out of the top 30 in December 2024, only to reappear at 97th in January 2025, indicating volatility in this segment. In Saskatchewan, Palmetto's Flower category debut in November 2024 at 32nd was promising, though it fell to 40th by January 2025, suggesting a need for strategic adjustments to capture market share effectively. The Pre-Roll category in Saskatchewan also saw Palmetto making an entry at 33rd in December 2024, marking a potential area of growth for the brand.

Jan-2025 Rank
Beverage
Flower
Vapor Pens
Pre-Roll
69
52
23
25
54
21
60
39
97
40
Palmetto

Competitive Landscape

In the competitive landscape of the Flower category in British Columbia, Palmetto has experienced fluctuations in its market position, which could impact its strategic decisions moving forward. Notably, Palmetto's rank dropped from 20th in October 2024 to 25th by December 2024, before slightly recovering to 23rd in January 2025. This decline in rank coincides with a downward trend in sales, suggesting potential challenges in maintaining market share. In contrast, Redecan maintained a relatively stable presence, holding onto the 20th position for two months before slipping to 22nd in January 2025, indicating a competitive edge over Palmetto during this period. Meanwhile, DEALR demonstrated a significant improvement, jumping from 31st to 15th in November 2024, which may have contributed to the pressure on Palmetto's rankings. Additionally, Station House and Shred showed varying degrees of volatility, with Station House maintaining a more consistent rank compared to Shred's fluctuating positions. These dynamics highlight the competitive pressures Palmetto faces and underscore the importance of strategic adjustments to regain and sustain its market position in British Columbia's Flower category.

Palmetto market ranking for BC Flower

Palmetto

Notable Products

In January 2025, the top-performing product for Palmetto was Orange Vanilla Cream Soda, maintaining its first-place ranking from previous months despite a decrease in sales to 6,782 units. Strawberry Cough Pre-Roll 10-Pack held steady in second place, although its sales figures continued to decline from the previous months. Pink Vanilla Cream Soda remained consistent in third place, experiencing a slight drop in sales. Notably, Pink Burst & Melonberry Ice Dual Chamber Distillate Disposable 2-Pack rose to fourth place, showing improvement from its fifth-place debut in December. Meanwhile, Pink Burst & Melonberry Ice 3-in-1 Distillate Disposable slipped to fifth place after a previous ranking of fourth in December.

Product Rank
Category
Oct-2024
Nov-2024
Dec-2024
Jan-2025
Orange Vanilla Cream Soda (10mg THC, 355ml)
Beverage
1
1
1
1
Strawberry Cough Pre-Roll 10-Pack (4g)
Pre-Roll
2
2
2
2
Pink Vanilla Cream Soda (10mg THC, 355ml)
Beverage
3
5
3
3
Pink Burst & Melonberry Ice Dual Chamber Distillate Disposable 2-Pack (1g)
Vapor Pens
>5
>5
5
4
Pink Burst & Melonberry Ice 3-in-1 Distillate Disposable (1g)
Vapor Pens
5
3
4
5
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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.

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