Homestead Cannabis Supply

Data Snapshot: Apr 03, 2024
Homestead Cannabis Supply Cannabis Brand Logo
$100K+

Mar-2024

Sales

Decline

Trend

6-Month

18

Product Count

SKUs

Homestead Cannabis Supply

Overview

Homestead Cannabis Supply™, a branch of Rubicon Organics, is a mainstream cannabis brand renowned for their hybrid product, Bangtail Milled Flower, featuring a THC level of 20.4% and a CBD level of 1%. As a constituent of Rubicon’s diverse portfolio, including other brands such as LAB THEORY™ and 1964 Supply Co™, Homestead contributes to the parent company's mission to dominate the cannabis supply chain through cultivation, processing, and branding of organic solutions. Availability in Vancouver BC and constant review of product registrations denote the brand's commitment to accessibility and ongoing quality control.
Markets

Homestead Cannabis Supply Locations

Product Trends

Homestead Cannabis Supply Categories

Homestead Cannabis Supply Sales

Market Insights Snapshot

Homestead Cannabis Supply Historical Sales by Category

In the realm of cannabis, Homestead Cannabis Supply's performance across various categories and states/provinces showcases a mixed bag of results, demonstrating the brand's fluctuating market presence. In Alberta, the brand's ranking in the Flower category has seen a consistent decline from December 2023 to March 2024, moving from 28th to 59th place, which indicates a significant decrease in its market share within this category. This downward trend is mirrored in the sales figures, dropping from 231,816 in December 2023 to 84,867 in March 2024. Conversely, in British Columbia, Homestead Cannabis Supply experienced an improvement in the Flower category, ascending from 31st place in December 2023 to 23rd in March 2024, which is underscored by a substantial increase in sales, from 192,475 to 204,226 over the same period. This positive movement in British Columbia suggests a growing acceptance and preference for Homestead Cannabis Supply's flower offerings in this market.

However, in the Pre-Roll category within British Columbia, the brand's performance tells a different story. Despite minor fluctuations in rankings from 79th in December 2023 to 75th in March 2024, the brand struggled to make significant inroads, indicating a challenging competitive landscape or possibly a mismatch between product offerings and consumer preferences in this segment. Moreover, the brand's late entry into the Ontario market in March 2024, with a ranking of 98th in the Flower category, highlights the challenges new entrants face in penetrating well-established markets. This entry, although not impactful in terms of immediate rankings, could be a strategic move to establish a foothold and gradually expand its presence in Ontario's vast cannabis market. Overall, Homestead Cannabis Supply's performance across different states/provinces and categories underscores the dynamic nature of the cannabis industry, where brand positioning and consumer preferences can shift rapidly, impacting market performance.

Mar-2024 Rank
Flower
Pre-Roll
59
23
75
98
Homestead Cannabis Supply

Competitive Landscape

In the competitive landscape of the British Columbia cannabis flower market, Homestead Cannabis Supply has shown a notable upward trajectory in rankings from December 2023 to March 2024, moving from not being in the top 20 to securing the 23rd position by March. This improvement in rank is particularly impressive when considering the performance of its competitors. For instance, 3Saints has consistently performed better in terms of rank and sales, moving up to the 21st position by March, indicating a stronger market presence. Similarly, Shred has seen fluctuations but remained ahead of Homestead Cannabis Supply, reclaiming the 22nd position by March. On the other hand, Simply Bare and Soar have experienced slight declines in their rankings, with Soar dropping to the 25th position by March, closely following Homestead Cannabis Supply. These dynamics suggest that while Homestead Cannabis Supply is gaining ground, it faces stiff competition from established brands like 3Saints and Shred, which have managed to maintain or improve their market positions, indicating a challenging but potentially rewarding market environment for Homestead Cannabis Supply.

Homestead Cannabis Supply market ranking for BC Flower

Homestead Cannabis Supply

Notable Products

In Mar-2024, Homestead Cannabis Supply saw its top product as Bang Tail Milled (7g) within the Flower category, maintaining its number one rank consistently from Dec-2023 through Mar-2024, with a significant sales figure of 1791 units in March. Following in second place was Bandwagon Indica (28g), also in the Flower category, which rose from the third position in the previous months to second, showcasing a notable improvement in its sales performance. The third spot was taken by Bandwagon Sativa (28g), which had a fluctuating presence in the rankings but managed to secure the third position in March after being unranked in January. Bandwagon Hybrid (28g) experienced a slight drop, moving from the second rank in the preceding months to the fourth position in March. Lastly, Bandwagon - Blue Dream (28g) consistently held the fifth rank across the months, indicating stable but lesser sales compared to its counterparts.

Product Rank
Category
Dec-2023
Jan-2024
Feb-2024
Mar-2024
Bang Tail Milled (7g)
Flower
1
1
1
1
Bandwagon Indica (28g)
Flower
3
3
3
2
Bandwagon Sativa (28g)
Flower
5
>5
5
3
Bandwagon Hybrid (28g)
Flower
2
2
2
4
Bandwagon - Blue Dream (28g)
Flower
4
4
4
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