Ovis

Data Snapshot: Jun 11, 2024
Ovis Cannabis Brand Logo
$50K+

May-2024

Sales

Growth

Trend

6-Month

13

Product Count

SKUs

Ovis

Overview

Ovis Pharmaceuticals is a trusted cannabis wellness brand based in Alberta, known particularly for its innovative range of medical cannabis products, including softgels, tablets, and topicals rich in THC, CBD, CBG, and CBN. The new yet already popular brand provides a holistic health approach, aiding its users' health journey, available for online ordering across several Canadian outlets. While it is still carving out its brand identity in the cannabis market, Ovis already has a solid following and partnerships in the industry, promising a future of growth and reliability.
Markets

Ovis Locations

Product Trends

Ovis Categories

Ovis Sales

Market Insights Snapshot

Ovis Historical Sales by Category

Ovis has shown notable performance in the Capsules category across various states and provinces. In Alberta, the brand has consistently climbed the ranks, moving from 11th place in February 2024 to 6th place by May 2024. This upward trend indicates a strong market presence and growing consumer preference in the region. The significant jump in ranking between February and March, from 11th to 7th, is particularly impressive and suggests a successful marketing strategy or product launch during that period.

However, Ovis's performance is not uniformly strong across all states and categories. In some states and categories, the brand did not make it into the top 30 rankings, which could be a cause for concern. This absence from the top rankings highlights areas where Ovis may need to focus more resources or re-evaluate its strategy. Nevertheless, the overall trend in key markets like Alberta is promising and suggests potential for growth if the brand can replicate its success in other regions and categories.

May-2024 Rank
Capsules
6
Ovis

Competitive Landscape

In the highly competitive Alberta capsules market, Ovis has demonstrated significant growth in recent months. Starting from the 11th position in February 2024, Ovis climbed to the 6th rank by April and maintained this position in May. This upward trend indicates a strong market presence and increasing consumer preference. In contrast, Emprise Canada experienced a decline, dropping from 3rd in February to 7th in April before recovering slightly to 5th in May. Meanwhile, Indiva held steady in the 4th position from March through May, suggesting stable performance. Frank saw a minor fluctuation, moving from 5th in April to 7th in May. Lastly, Pennies remained consistently in the 10th position throughout the period. These dynamics highlight Ovis's rising influence in the market, contrasting with the more volatile performance of its competitors.

Ovis market ranking for AB Capsules

Ovis

Notable Products

In May 2024, the top-performing product from Ovis was the CBD:THC 10:10 Balanced Softgel 15-Pack (150mg CBD, 150mg THC) with sales reaching 3478 units, maintaining its first-place ranking consistently since February. The Blue THC Softgel 10-Pack (150mg) held steady in second place, though its sales dipped slightly to 1080 units. The THC Softgel 30-Pack (300mg) climbed to third place from fourth in April. The CBG:CBD:THC 5:5:5 Softgels 15-Pack (75mg CBG, 75mg CBD, 75mg THC) dropped to fourth place, reflecting a decrease in sales. Finally, the CBD Softgels 30-Pack (1500mg CBD) remained in fifth place, showing a slight decline in performance.

Product Rank
Category
Feb-2024
Mar-2024
Apr-2024
May-2024
CBD:THC 10:10 Balanced Softgel 15-Pack (150mg CBD, 150mg THC)
Capsules
1
1
1
1
Blue THC Softgel 10-Pack (150mg)
Capsules
2
2
2
2
THC Softgel 30-Pack (300mg)
Capsules
>5
>5
4
3
CBG:CBD:THC 5:5:5 Softgels 15-Pack (75mg CBG, 75mg CBD, 75mg THC)
Capsules
>5
3
3
4
CBD Softgels 30-Pack (1500mg CBD)
Capsules
>5
>5
5
5
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