Aug-2024
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Overview
Market Insights Snapshot
7 Acres has shown varied performance across different categories and provinces. In Alberta, the brand made a notable entry into the Beverage category in August 2024, ranking 12th. However, their presence in the Concentrates category has been inconsistent, debuting at 24th in July 2024 but slipping to 26th by August. The Flower category in Alberta saw 7 Acres not making it into the top 30 for the months tracked, indicating a need for improvement. Pre-Roll performance in Alberta has been relatively stable, with rankings hovering between 51st and 65th over the four months, showing a slight improvement in July 2024.
In British Columbia, 7 Acres has demonstrated a stronger foothold in the Pre-Roll category, consistently ranking within the top 30 and peaking at 15th in July 2024. However, their Flower category performance has been less consistent, with rankings fluctuating from 48th in May to 71st in August. In Ontario, the brand's presence in the Concentrates category saw a slight dip from 38th to 43rd over the four months, while the Flower category saw a downward trend, falling out of the top 30 by August. In Saskatchewan, 7 Acres appeared in the Flower category rankings only in May and June, indicating a need for a stronger presence in subsequent months.
Competitive Landscape
In the competitive landscape of the Pre-Roll category in British Columbia, 7 Acres has shown notable fluctuations in its rank over the past few months, reflecting a dynamic market position. In May 2024, 7 Acres was ranked 22nd, but saw a significant improvement to 15th place by July 2024, before dropping back to 19th in August 2024. This volatility suggests a competitive environment where brands like Tweed and Rizzlers have also been making strides. For instance, Tweed improved its rank from 21st in May to 17th in August, while Rizzlers consistently climbed from 24th to 18th over the same period. Meanwhile, Back Forty / Back 40 Cannabis entered the top 20 in July and maintained its position in August, highlighting the competitive pressure on 7 Acres. The sales trends indicate that while 7 Acres experienced a peak in July, its sales dipped in August, suggesting a need for strategic adjustments to maintain a stable rank amidst the aggressive advancements of its competitors.
Notable Products
In August 2024, the top-performing product for 7 Acres was Jack Haze Pre-Roll 2-Pack (1g), maintaining its number one rank for four consecutive months with sales reaching 31,904 units. Purple Slurricane Infused Pre-Roll 3-Pack (1.5g) climbed to the second spot from its consistent third place in previous months. Cafe Vanilla Delight Beverage (10mg THC, 355ml) debuted at rank three, showing strong initial sales. Platinum Kush Breath Pre-Roll 2-Pack (1g) experienced a notable drop to fourth place despite higher sales in July. Purple Pancakes Pre-Roll 2-Pack (1g) remained steady, holding the fifth position for the fourth month in a row.
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.