Phyto Extractions

Data Snapshot: Apr 03, 2024
Phyto Extractions Cannabis Brand Logo
$100K+

Mar-2024

Sales

Growth

Trend

6-Month

46

Product Count

SKUs

Phyto Extractions

Overview

Phyto Extractions is an eminent cannabis company based in Langley, BC that specializes in the production of cannabis concentrate products. Equipped with a Health Canada Licensed Standard Processing Facility, it serves as a household brand, and is known for award-winning cannabis extracts. Now operating under the name Adastra Holdings and traded as XTRX on the Canadian Securities Exchange, the company maintains a strategic focus on leveraging its strong brand recognition within the marijuana marketplace and continues to supply premier extraction equipment to licensed cannabis producers globally.
Markets

Phyto Extractions Locations

Product Trends

Phyto Extractions Categories

Phyto Extractions Sales

Market Insights Snapshot

Phyto Extractions Historical Sales by Category

In the dynamic landscape of the cannabis market, Phyto Extractions has shown a notable performance across various categories and states/provinces, with a particular focus on Concentrates, Vapor Pens, and Pre-Rolls. In Alberta, the brand made an impressive leap in the Concentrates category, moving from a ranking of 25 in December 2023 to 7 in January 2024, before slightly declining to 12 by March 2024. This movement indicates a strong start to the year, even as it suggests a need to stabilize its market position. Interestingly, in the Pre-Roll category within the same province, Phyto Extractions did not rank in the top 30 brands until January 2024, but showed consistent improvement thereafter, hinting at a growing consumer interest in this product line. However, in the Vapor Pens category, the brand experienced a gradual decline in Alberta, dropping from rank 36 in December 2023 to 49 by March 2024, which could signal challenges in maintaining its market share amidst competitive pressures.

Elsewhere, in British Columbia and Ontario, Phyto Extractions' performance varied. In British Columbia, the brand maintained a steady presence in the middle of the rankings for both Concentrates and Vapor Pens, with slight fluctuations over the months. This suggests a consistent consumer base, albeit with room for growth. Notably, in Ontario, the brand faced challenges in the Vapor Pens category, not ranking in the top 30 for a month, but then making a significant jump to rank 42 by March 2024. This dramatic change, especially with a reported sales figure of 151,161 in March 2024, highlights potential strategic adjustments or market dynamics that could be worth watching. Meanwhile, in Saskatchewan, Phyto Extractions achieved top rankings in the Concentrates category at the start of the period but saw a steep decline to rank 21 by March 2024, indicating a significant shift in consumer preferences or competitive landscape in this province.

Mar-2024 Rank
Concentrates
Pre-Roll
Vapor Pens
12
87
49
25
42
40
42
21
Phyto Extractions

Competitive Landscape

In the competitive landscape of the Vapor Pens category in Ontario, Phyto Extractions has experienced a notable fluctuation in its market position. Initially ranked outside the top 20 in December 2023 and January 2024, it was not until March 2024 that Phyto Extractions made a significant leap to rank 42nd. This shift indicates a remarkable recovery, although the brand did not report sales in February 2024, suggesting a potential strategic recalibration. Competitors such as Cookies and Greybeard have also seen changes in their rankings, but neither demonstrated as dramatic an improvement as Phyto Extractions. RAD (Really Awesome Dope) and Vortex Cannabis Inc. have shown variability in their rankings, with Vortex Cannabis Inc. notably improving to rank 41st in March 2024, slightly ahead of Phyto Extractions. This competitive analysis underscores the volatile nature of the Vapor Pens market in Ontario, with Phyto Extractions' recent upswing in rank highlighting its potential to regain and possibly exceed its previous market position.

Phyto Extractions market ranking for ON Vapor Pens

Phyto Extractions

Notable Products

In March 2024, Phyto Extractions saw the Fire Stick - Slurriking Distillate Cartridge (1g) from the Vapor Pens category take the top spot with sales figures reaching 3811 units, marking its debut on the sales chart. Following closely was the Ice Wreck Shatter (1g) from Concentrates, a consistent performer, shifting from the top position in previous months to second place in March with notable sales. The third position was claimed by Fruit Stand Infused Pre-Roll 3-Pack (1.5g) from the Pre-Roll category, also making its first appearance in the rankings. Greasy Grapes Infused Pre-Roll 3-Pack (1.5g), another Pre-Roll product, moved up one rank from February to secure the fourth spot. Lastly, the Fire Stick - Gorilla Pineapple Distillate Disposable (1g) from Vapor Pens rounded out the top five, highlighting a diverse range of product preferences among consumers.

Product Rank
Category
Dec-2023
Jan-2024
Feb-2024
Mar-2024
Fire Stick - Slurriking Distillate Cartridge (1g)
Vapor Pens
>5
>5
>5
1
Ice Wreck Shatter (1g)
Concentrates
>5
1
1
2
Fruit Stand Infused Pre-Roll 3-Pack (1.5g)
Pre-Roll
>5
>5
>5
3
Greasy Grapes Infused Pre-Roll 3-Pack (1.5g)
Pre-Roll
>5
>5
3
4
Fire Stick - Gorilla Pineapple Distillate Disposable (1g)
Vapor Pens
>5
>5
>5
5
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