Nov-2024
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Overview
Market Insights Snapshot
Stewart Farms has demonstrated notable consistency and growth in the Topical category across various Canadian provinces. In Alberta, the brand has maintained a strong presence, consistently ranking second since September 2024. This suggests a stable demand and possibly a loyal customer base in the province. Similarly, in British Columbia, Stewart Farms showed upward momentum, climbing from the third position in the previous months to second in November 2024. This upward movement in British Columbia indicates a growing market share and increasing consumer preference for their topical products.
In Ontario, Stewart Farms has also shown a positive trend, moving up from third to second place by October 2024 and maintaining that rank into November. This reflects a strengthening position in one of Canada's largest markets. Notably, Stewart Farms has managed to keep its ranking within the top three in all these provinces, which is a testament to its competitive edge and effective market strategies. However, the absence of Stewart Farms from the top 30 in any other categories or states could be an area for potential growth or a reflection of strategic focus on topicals. This sustained performance across provinces highlights the brand's strong foothold in the topical segment, though the data suggests there may be opportunities to explore other categories or regions.
Competitive Landscape
In the Alberta topical cannabis market, Stewart Farms has consistently maintained a strong position, ranking 2nd from September to November 2024. This stability in rank, despite fierce competition, highlights Stewart Farms' robust market presence and effective strategies. Notably, Stewart Farms surpassed Proofly, which ranked 3rd during the same period, indicating Stewart Farms' competitive edge in sales performance. Although Wildflower Canada continues to lead the market, Stewart Farms' sales have shown a positive trajectory, with a significant increase from August to November 2024. This upward trend suggests that Stewart Farms is effectively capturing market share and could potentially challenge the top spot if the momentum continues. Meanwhile, Solei remains in 4th place, further emphasizing Stewart Farms' stronghold in the rankings.
Notable Products
In November 2024, Stewart Farms' top-performing product was the CBD/THC 1:1 Blue Dream Bath Bomb, maintaining its first-place ranking for the fourth consecutive month, with impressive sales of 2,497 units. The CBD:THC 1:1 Multipack Bath Bomb 3-Pack also held its steady position at rank two, continuing its consistent performance trend. Rebound - CBD:THC 1:1 Arctic Heat Muscle Cream remained in third place, although its sales slightly decreased from the previous month. The CBD:THC 1:1 Multi Pack Bath Bomb 3-Pack (100mg CBD, 100mg THC) rose to fourth place, surpassing the Rebound - CBD SeaWeed OG Bath Salts, which dropped to fifth. This shift in rankings highlights a growing preference for the Multi Pack Bath Bomb over the SeaWeed OG Bath Salts, which had previously held the fourth spot.
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.