Palm Gardens

Data Snapshot: May 05, 2024
Palm Gardens Cannabis Brand Logo
<$50K

Apr-2024

Sales

Decline

Trend

6-Month

12

Product Count

SKUs

Palm Gardens

Overview

Markets

Palm Gardens Locations

Product Trends

Palm Gardens Categories

Palm Gardens Sales

Market Insights Snapshot

Palm Gardens Historical Sales by Category

In the competitive landscape of Alberta's cannabis market, Palm Gardens has shown a specific trajectory within the Pre-Roll category. As of January 2024, the brand was ranked 99th, which indicates a presence in the market but suggests there is significant room for growth and improvement. The absence of ranking information for February, March, and April 2024 could be interpreted in several ways; however, it most directly points to Palm Gardens not securing a spot in the top 30 brands for those months in Alberta. This might reflect challenges in maintaining market visibility or competitiveness against other brands. With January 2024 sales figures reported at 24,337, this provides a tangible measure of their market performance at the start of the year, yet the lack of subsequent sales data leaves questions about their performance trajectory through the first quarter.

Without additional state or province data to compare, the analysis for Palm Gardens is limited to its performance within the Alberta market. The absence from the top 30 rankings after January suggests either a decline in sales or an inability to keep pace with the competitive dynamics of the market. For stakeholders and interested parties, this points to a potential area for strategic focus, whether that be in marketing efforts, distribution expansion, or product quality improvements. While specific sales figures for February through April are not disclosed, the initial sales data from January could serve as a baseline for understanding the brand's market penetration and consumer reception at the outset of 2024. This isolated snapshot, though limited, offers valuable insights into the brand's standing and highlights areas for potential growth and improvement within Alberta's cannabis market.

Apr-2024 Rank
Pre-Roll
Palm Gardens

Competitive Landscape

In the competitive landscape of the Pre-Roll category in Alberta, Palm Gardens has experienced a notable fluctuation in its market position, as evidenced by its rank dropping out of the top 20 by February 2024, indicating a significant challenge in maintaining its market share against its competitors. Notably, Original Stash and RAD (Really Awesome Dope) have also seen changes in their rankings, with Original Stash experiencing a decline from 91st to 97th position from January to February 2024, and RAD witnessing a substantial drop from 63rd to 85th in the same period. This suggests a volatile market where brand positions can shift dramatically. Despite these shifts, Floresense, another competitor, entered the rankings at 98th in March, highlighting the dynamic nature of the Pre-Roll market in Alberta. The absence of Palm Gardens from the rankings after January suggests a need for strategic adjustments to regain its competitive edge and market visibility against these fluctuating competitors.

Palm Gardens market ranking for AB Pre-Roll

Palm Gardens

Notable Products

In April 2024, Palm Gardens saw the Watermelon Sugar Pre-Roll 3-Pack (1.5g) leading its product sales with 792 units sold, maintaining its top position from the previous month. Following closely, Watermelon Palm Pops (10mg) secured the second rank, consistent with its performance in March. The third spot was taken by Cherry Palm Pops (10mg), marking a notable rise from its previous rank in March, showing an increase in consumer preference for edibles within Palm Gardens' product range. Watermelon Sugar (3.5g) held steady in fourth place, demonstrating a stable demand for flower products. Interestingly, the Watermelon Sugar Infused Pre-Roll 3-Pack (1.5g) made a comeback in April, ranking fifth, indicating a resurgence in interest for infused pre-roll options among Palm Gardens' offerings.

Product Rank
Category
Jan-2024
Feb-2024
Mar-2024
Apr-2024
Watermelon Sugar Pre-Roll 3-Pack (1.5g)
Pre-Roll
1
2
1
1
Watermelon Palm Pops (10mg)
Edible
2
1
2
2
Cherry Palm Pops (10mg)
Edible
4
>5
3
3
Watermelon Sugar (3.5g)
Flower
3
3
4
4
Watermelon Sugar Infused Pre-Roll 3-Pack (1.5g)
Pre-Roll
>5
5
>5
5
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