Canyon

Data Snapshot: Apr 04, 2024
Canyon Cannabis Brand Logo
$100K+

Mar-2024

Sales

Decline

Trend

6-Month

31

Product Count

SKUs

Canyon

Overview

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.
Markets

Canyon Locations

Product Trends

Canyon Categories

Canyon Sales

Market Insights Snapshot

Canyon Historical Sales by Category

In the competitive cannabis market of Colorado, Canyon has shown varied performance across different product categories. Notably, in the Edibles category, Canyon has maintained a strong presence, consistently ranking in the top 20 from December 2023 through March 2024. This consistency is underscored by a significant sales increase in March 2024 to 128,766, marking a notable achievement for the brand. However, their performance in the Concentrates and Vapor Pens categories tells a different story. Despite their presence, Canyon struggled to break into the top 70 in these categories, with rankings fluctuating and showing a downward trend in Vapor Pens to the 89th position by March 2024, indicating potential challenges in these segments.

On the other hand, Canyon's venture into the Beverages category in Colorado saw them achieving a 14th rank in December 2023, but they did not maintain a top 30 rank in the subsequent months, which could point towards either a strategic withdrawal or a performance dip. This absence in the rankings post-December could be seen as a missed opportunity or a recalibration of their market strategy. The brand's overall performance across categories suggests a strong foothold in the Edibles market, which could be their mainstay, while indicating room for growth or reevaluation in other categories like Concentrates, Vapor Pens, and Beverages. Such trends and movements across categories and months provide valuable insights into Canyon's market strategy and performance nuances in the dynamic Colorado cannabis market.

Mar-2024 Rank
Beverage
Concentrates
Edible
Vapor Pens
20
89
Canyon

Competitive Landscape

In the competitive landscape of the edible cannabis market in Colorado, Canyon has shown resilience and consistency, maintaining its position near the edge of the top 20 brands from December 2023 to March 2024. Despite a slight dip in rank in January 2024, Canyon managed to recover and sustain its sales, even showing a notable increase in March 2024. This performance is particularly impressive when compared to its competitors, such as Binske, which remained outside the top 20 throughout the same period, and Nove Luxury Chocolate, which experienced a drop in rank in March 2024. On the other hand, Muncheez saw a significant rise in March 2024, jumping ahead of Canyon in terms of rank, indicating a highly competitive market. Koala Edibles (fka Koala Bars) also showed volatility, with a notable drop in February 2024 but recovering by March 2024. Canyon's ability to maintain its position amidst these fluctuations highlights its resilience and the loyalty of its customer base, even as the rankings of its competitors shift dramatically over time.

Canyon market ranking for CO Edible

Canyon

Notable Products

In March 2024, Canyon's top-selling product was Suck It - Sativa Strawberry Lemonade Hard Candy 40-Pack (100mg) with 1616 units sold, marking it as the highest performer in the edible category. Following closely, Suck It - Indica Blue Raspberry Hard Candy 40-Pack (100mg) took the second position, showing a consistent presence in the top rankings over the previous months. The third spot was claimed by Chew It - CBD/THC 1:1 Sour Lemonade Gummies 40-Pack (100mg CBD, 100mg THC), which had led the sales in January and February but saw a slight decline in March. Notably, Chew It - Sativa Sour Cherry Limeade Gummies 40-Pack (100mg) rose to the fourth rank, indicating a growing preference among consumers. The entry of Suck It - CBD/THC 1:1 Fruit Punch Hard Candy 40-Pack (100mg CBD, 100mg THC) into the fifth position suggests a diversifying interest in Canyon's edible offerings, with its sales figures revealing emerging trends in consumer preferences.

Product Rank
Category
Dec-2023
Jan-2024
Feb-2024
Mar-2024
Suck It - Sativa Strawberry Lemonade Hard Candy 40-Pack (100mg)
Edible
1
3
2
1
Suck It - Indica Blue Raspberry Hard Candy 40-Pack (100mg)
Edible
2
2
3
2
Chew It - CBD/THC 1:1 Sour Lemonade Gummies 40-Pack (100mg CBD, 100mg THC)
Edible
3
1
1
3
Chew It - Sativa Sour Cherry Limeade Gummies 40-Pack (100mg)
Edible
5
>5
4
4
Suck It - CBD/THC 1:1 Fruit Punch Hard Candy 40-Pack (100mg CBD, 100mg THC)
Edible
>5
>5
>5
5
View product & sales data

Top Selling Cannabis Brands

Simple, transparent pricing that grows with you. Try any plan free for 30 days.
Research the top cannabis brands across markets in the US and Canada.
Header image
User rating
start Today
Connect to Headset

Get Cannabis Market Data