Trend
Strong Decline
Oct-2023 Sales
$100K+
Product Count
40
Updated
11/1/2023
Markets

Canyon

Canyon is a Colorado-based, women-owned family enterprise specializing in crafting high-quality cannabis-infused products since 2009. The brand, which started as an endeavor to aid a friend during the infant stages of Colorado's medical cannabis phase, has evolved exponentially and now includes a separate arm, the Taos Canyon Cannabis Company - Taos's go-to outlet for cannabis and THC products. With its unique brand identity rooted in the geographical specificity of Hells Canyon, Idaho, Canyon has carved out a niche for itself in the competitive cannabis market, offering a variety of hand-trimmed products ranging from flowers and edibles to infused oils.
Canyon Historical Sales by Category

Market Insights Snapshot

Looking at the performance of the cannabis brand Canyon in Colorado, we see interesting movements across different categories. In the Beverage category, Canyon managed to maintain a steady presence in the top 20 brands from July to October 2023, with a slight dip in rank in September but a recovery in October. This consistency, despite fluctuations, indicates a stable demand for their beverage offerings. However, in the Concentrates category, Canyon was not in the top 20 brands, but it's noteworthy that they managed to improve their ranking from 85 in August to 60 in October, suggesting a positive upward trend.

When it comes to Edibles, Canyon demonstrated a robust performance, consistently ranking within the top 20 brands over the four-month period. Despite a slight drop in rank from 15 to 17, the brand still maintains a strong position in this category. On the other hand, the Vapor Pens category paints a different picture. Here, Canyon's ranking has been gradually slipping from 69 in July to 84 in October, indicating a need for the brand to revitalize its strategies in this area. Sales figures also reflect this trend, with a notable decrease observed over the same period. This analysis provides a snapshot of Canyon's performance, but for a more comprehensive understanding, further exploration of the data is recommended.

Oct-2023 Rank
Beverage
Concentrates
Edible
Vapor Pens
13
60
17
84

Competitive Landscape

In the Colorado edible market, Canyon has seen a slight decrease in rank from July to October 2023, moving from 15th to 17th place. This suggests a slight dip in sales, although it remains a strong competitor within the top 20 brands. Its closest competitors have seen varied changes in rank. Mr. Moxey's has shown a significant improvement, moving from 17th to 16th place and even reaching 12th place in September. Smokiez Edibles, despite not being in the top 20 in July, made a strong comeback and surpassed Canyon by October. Binske has seen a similar trend to Canyon, with a slight decrease in rank over the period. Finally, NFuzed started stronger than Canyon in July but fell below Canyon by October. These shifts indicate a highly competitive market where brands are constantly jostling for position.

Canyon market ranking for CO Edible

Notable Products

In October 2023, Canyon's top-performing product was the 'Chew It - CBD/THC 1:1 Sour Lemonade Gummies 40-Pack', which held its number one rank from previous months, with a sales figure of 1717 units. The 'Suck It - Sativa Strawberry Lemonade Hard Candy 40-Pack' climbed back to the second position from third in September, showing improved performance. The 'Suck It - Indica Blue Raspberry Hard Candy 40-Pack' maintained its third rank, consistent with the previous month. The 'Chew It - Sativa Sour Cherry Limeade Gummies 40-Pack' held the fourth position, despite a drop in sales. Lastly, the 'Suck It - CBD/THC/CBN 1:1:1 Pink Lemonade Hard Candy 40-Pack' retained its fifth position, mirroring its rank in the previous months.

Product Rank
Category
Jul-2023
Aug-2023
Sep-2023
Oct-2023
Chew It - CBD/THC 1:1 Sour Lemonade Gummies 40-Pack (100mg CBD, 100mg THC)
Edible
1
1
1
1
Suck It - Sativa Strawberry Lemonade Hard Candy 40-Pack (100mg)
Edible
2
4
2
2
Suck It - Indica Blue Raspberry Hard Candy 40-Pack (100mg)
Edible
3
3
3
3
Chew It - Sativa Sour Cherry Limeade Gummies 40-Pack (100mg)
Edible
4
2
4
4
Suck It - CBD/THC/CBN 1:1:1 Pink Lemonade Hard Candy 40-Pack (100mg CBD, 100mg THC, 100mg CBN)
Edible
5
5
5
5
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