Spring Hill Cannabis Co.

Data Snapshot: May 05, 2024
Spring Hill Cannabis Co. Cannabis Brand Logo
<$50K

Apr-2024

Sales

Neutral

Trend

6-Month

2

Product Count

SKUs

Spring Hill Cannabis Co.

Overview

Markets

Spring Hill Cannabis Co. Locations

Product Trends

Spring Hill Cannabis Co. Categories

Spring Hill Cannabis Co. Sales

Market Insights Snapshot

Spring Hill Cannabis Co. Historical Sales by Category

In the capsules category, Spring Hill Cannabis Co. has shown a notable presence in both Alberta and Ontario, although their performance trajectory presents a mixed picture. In Alberta, the brand managed to improve its ranking from 15th in January 2024 to 14th in February 2024, indicating a positive movement albeit within a narrow range. This improvement is underscored by an increase in sales from 10,265 units in January to 11,061 units in February. However, the absence of ranking data for March and April suggests a potential dip in performance or a strategic shift in the brand's market approach in Alberta. Conversely, in Ontario, the brand's ranking fluctuated, dropping out of the top 30 in February, which could be seen as a setback, before regaining some ground to 15th place in March. This inconsistency in Ontario highlights the competitive nature of the market and possibly challenges in maintaining a steady market presence.

Spring Hill Cannabis Co.'s strategic positioning and market dynamics in these provinces reveal interesting insights into their operational strengths and areas for improvement. The brand's ability to regain its standing in Ontario after a temporary dip demonstrates resilience and perhaps effective response strategies to market demands or competitive pressures. However, the lack of data for subsequent months in both provinces leaves room for speculation about the brand's long-term performance and market strategy. This analysis indicates that while Spring Hill Cannabis Co. has managed to establish a foothold in the competitive capsules category, sustaining and improving this position will require careful navigation of market dynamics and consumer preferences in both Alberta and Ontario. The observed trends and movements provide a snapshot of the brand's journey, suggesting areas where the brand is thriving and others where there may be opportunities for growth or recalibration.

Apr-2024 Rank
Capsules
Spring Hill Cannabis Co.

Competitive Landscape

In the competitive landscape of the capsules category in Alberta, Spring Hill Cannabis Co. has shown a notable performance amidst its competitors. Initially ranked 15th in January 2024, it slightly improved its position to 14th by February, indicating a positive trajectory in its market presence, despite not appearing in the top 20 for March and April. This is in contrast to Mood Ring, which started in a stronger position at 9th in January but saw a decline to 13th in February and further to 12th in March, showcasing a downward trend in its rank. Another competitor, Impromptu, appeared in the rankings only in January at 14th place, directly above Spring Hill Cannabis Co., but did not maintain its rank in the following months. This fluctuation in rankings among competitors, with Spring Hill Cannabis Co. showing resilience and a slight upward movement, highlights the dynamic nature of the capsules market in Alberta. While specific sales numbers are not disclosed, the trend indicates that Spring Hill Cannabis Co. is closely contending with brands like Mood Ring, which experienced higher sales but also a more significant drop in rank, suggesting a competitive edge for Spring Hill Cannabis Co. in maintaining its market position.

Spring Hill Cannabis Co. market ranking for AB Capsules

Spring Hill Cannabis Co.

Notable Products

In April 2024, Spring Hill Cannabis Co. saw its CBD Capsules 30-Pack (3000mg CBD) from the Capsules category continue to lead as the top-performing product, marking its fourth consecutive month at the number one spot with sales figures reaching 222 units. This product has consistently outperformed others in its category, illustrating a strong and steady demand among consumers. No other product details or sales figures were provided, indicating a focused analysis on this standout item. The consistent ranking across January to April 2024 underscores its popularity and consumer preference within the cannabis market. This analysis highlights the CBD Capsules 30-Pack (3000mg CBD) as a key driver of Spring Hill Cannabis Co.'s sales performance during the specified period.

Product Rank
Category
Jan-2024
Feb-2024
Mar-2024
Apr-2024
CBD Capsules 30-Pack (3000mg CBD)
Capsules
1
1
1
1
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