Apr-2025
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Overview
Market Insights Snapshot
Verse has demonstrated a notably varied performance across different Canadian provinces, particularly in the Flower category. In Alberta, Verse has not made it into the top 30 brands in the Flower category over the past four months, with rankings fluctuating between 65 and 91. This indicates a struggle to gain significant traction in this province. However, there was a slight improvement in April 2025, where the rank improved to 76 from a low of 91 in March. This upward movement, although modest, suggests a potential positive shift in consumer interest or market strategy adjustments. The sales figures also reflect a similar trend, with a notable increase in April compared to March, hinting at possible recovery or growth efforts in the province.
In contrast, Ontario presents a more optimistic scenario for Verse. Despite not breaking into the top 30, the brand has shown a consistent improvement in its ranking within the Flower category, moving from 73 in January to 66 in April. This steady upward trajectory is accompanied by a significant increase in sales, notably reaching 137,300 CAD in April, indicating a strengthening market presence. The improvement in rankings and sales over the months suggests that Verse's strategies might be resonating better with Ontario consumers, potentially driven by product quality, marketing efforts, or distribution enhancements. This positive trend in Ontario could provide valuable insights for Verse as it seeks to enhance its performance in other regions.
Competitive Landscape
In the competitive landscape of the Flower category in Ontario, Verse has shown a notable improvement in its rank from March to April 2025, climbing from 86th to 66th position. This upward trend is significant, especially when compared to competitors like Palmetto, which fell from 58th to 70th, and Fuego Cannabis (Canada), which also experienced a decline from 60th to 67th. Despite starting the year with lower sales figures, Verse's sales in April 2025 surpassed those in March, indicating a positive sales trajectory. Meanwhile, Hiway maintained a relatively stable position, slightly improving from 73rd to 64th, while Stunnerz saw a minor drop from 55th to 65th. These shifts suggest a dynamic market where Verse's recent strategies may be paying off, positioning them for potential growth against competitors who are experiencing more volatility in their rankings and sales.
Notable Products
In April 2025, the top-performing product from Verse was BC God Bud 28g, maintaining its number one rank from previous months with sales of 2301 units. CBD Drops 20ml climbed to the second position, showing a significant increase in sales from 12 units in March to 46 units in April. Notably, the Peach Dream 510 Thread Distillate Cartridge 1g, which held the second rank in previous months, did not rank in April. Okanagan Sugar Live Terp Cartridge 1g was not ranked in April, continuing its absence since March. Overall, BC God Bud 28g continues to dominate the Flower category for Verse, while CBD Drops 20ml shows promising growth in the Oil category.
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.