Market Insights Snapshot
In the Cultivation category, 34 Street Seed Co. has shown varying performance across different provinces. In Alberta, the brand has seen a slight drop in ranking from 2nd place in June and July 2023 to 3rd place in August 2023. Despite this, they have managed to maintain a consistent presence in the top 4 brands in the province over the past four months. In contrast, the brand seems to have fallen out of favor in Saskatchewan in August 2023, as it is not listed among the top 20 brands for the month. Prior to this, it had secured a strong position, ranking 2nd in both June and May 2023.
On a more positive note, 34 Street Seed Co. has demonstrated impressive performance in British Columbia and Ontario. In British Columbia, the brand consistently ranked 2nd in the Cultivation category from June to August 2023, only slipping from the top spot in May. Meanwhile, in Ontario, the brand has held a steady grip on the top spot for the past four months, reflecting strong consumer preference and impressive sales figures. However, it's worth noting that while the brand has maintained its ranking, there appears to be a downward trend in sales across all provinces.
In the cultivation category within Ontario, 34 Street Seed Co. has consistently held the top rank from May to August 2023, demonstrating a strong market presence and consistent consumer preference. One of their main competitors, Humboldt Seed Company, has shown a positive trend, improving their rank from 6th in May to 2nd in August. Despite this improvement, they still trail behind 34 Street Seed Co. in terms of sales. Another competitor, Autoflower Breeder's Club, despite maintaining a steady 2nd rank from May to July, dropped to 3rd in August. This indicates a potential shift in consumer preference, which could impact the competitive dynamics in the future. It's worth noting that any missing rank indicates that the brand was not in the top 20 for that month, underscoring the dominance of 34 Street Seed Co. in this category and region.
In August 2023, the top-performing product from 34 Street Seed Co. was the 'Bubba Kush Seeds 5-Pack (5g)', climbing up from third place in previous months. This product sold 52 units, a significant increase from 41 units in July. Following closely in second place was the 'Pink Kush Seeds 5-Pack (5g)', a new entry in the rankings. The 'AK-47 x UK Cheese seeds 5-Pack (5g)' came in third, improving its position from fifth place in May. Despite a slight drop in sales, the '34 Street Cookies Seeds 5-Pack (5g)' maintained a strong position, ranking fourth.