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May-2026
Sales
Trend
6-Month
Product Count
SKUs
Avg Price
YoY Sales Change
YoY Price Change
Market Insights Snapshot
Spherex concentrated 97.60% of May 2026 sales in Vapor Pens (rank 1 in Vapor Pens in Colorado) while Concentrates held 2.40% share; within those mixes, Vapor Pens fell -14.13% YoY but rose 26.99% MoM, and Concentrates grew 34.35% YoY with a 19.78% MoM lift. Despite a -13.42% YoY brand sales decline and a -9.26% YoY average price move to $16.32, the month’s double-digit MoM gains across both categories indicate a demand rebound concentrated in the core pen franchise; the pattern implies category concentration remains an asset for quick volume recovery but a liability for annual comps.
The widening split—Vapor Pens delivering the scale with 26.99% MoM growth while Concentrates outpaces on a relative basis at 34.35% YoY from a 2.40% share—suggests Spherex’s positioning is anchored in a single-category moat that boosts rank stability (rank 1) but limits diversification upside. With average price softening -9.26% YoY alongside a 26.99% MoM volume surge in the flagship category, the implication is price-led elasticity is working near term, yet maintaining rank in Colorado will increasingly depend on balancing the 97.60% Vapor Pens reliance with incremental growth in Concentrates to buffer future YoY volatility.
Competitive Landscape
Spherex sits at rank #1 in CO Vapor Pens in May 2026, unchanged year over year at #1 but up from #3 in February 2026, while its peak rank also lands at #1 in May 2026; meanwhile, PAX moved from #3 to #2 with a 24.0% YoY sales increase and Spectra jumped from #14 to #5 on 135.3% YoY growth, whereas Bonanza Cannabis Company slid from #2 to #4 with a 46.5% YoY decline. The mix of a flat YoY rank at #1 and a three-month climb from #3 to #1 indicates Spherex’s leadership is being reinforced more by recent momentum than by long-run separation, implying the brand must defend against fast risers while converting its short-term rank gains into durable share control.
Notable Products
X Vapes - Tropical Runtz Distillate Cartridge (1g) posted the fastest move in May 2026 with a +33.8% MoM surge and held rank 2, while X Vapes - Blueberry Cake Distillate Cartridge (1g) rose +27.0% MoM to maintain rank 1. X Vapes - Melon Baller Distillate Cartridge (1g) advanced +24.7% MoM at rank 3, framing a top-three stack that widened its gap over the rest of the lineup by growing 7–26 percentage points faster than lower top-10 SKUs at +4.3% to +17.4%. With ten of the top ten in Vapor Pens and the top five all posting double-digit gains, the portfolio is consolidating around flavor-led 1g carts as the primary commercial engine.
Top Selling Cannabis Brands
Data for this report comes from real-time sales reporting by participating cannabis retailers via their point-of-sale systems, which are linked up with Headset’s business intelligence software. Headset’s data is very reliable, as it comes digitally direct from our partner retailers. However, the potential does exist for misreporting in the instance of duplicates, incorrectly classified products, inaccurate entry of products into point-of-sale systems, or even simple human error at the point of purchase. Thus, there is a slight margin of error to consider. Brands listed on this page are ranked in the top twenty within the market and product category by total retail sales volume.
