Canadian Cannabis Flower Power: Who Are The Top Players? What Happened In Q2 2023?
Portfolio Pulse from Nicolás Jose Rodriguez
Zuanic & Associates' report identifies key players in the cannabis flower market, with Tilray (including HEXO) leading, followed by Village Farms International, Organigram, BZAM (including TGOD), Cronos, and Auxly. Tilray held a 14.0% market share, but its average price per gram was 20% below the market average. Village Farms International, with a 13.1% market share, had an average price per gram above the market average. BZAM and Village Farms were the only companies to maintain or exceed average market prices.
August 29, 2023 | 5:59 pm
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POSITIVE IMPACT
Village Farms International holds a strong position in the cannabis flower market with an average price per gram above the market average.
Village Farms' strong market position and higher average price per gram could positively impact its profitability and thus its stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEUTRAL IMPACT
Cronos is a key player in the cannabis flower market, but its pricing strategy is not specified.
Cronos' position in the market is positive, but without details on its pricing strategy, it's difficult to predict its impact on the stock price.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
Organigram is a key player in the cannabis flower market, but its pricing strategy is not specified.
Organigram's position in the market is positive, but without details on its pricing strategy, it's difficult to predict its impact on the stock price.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
Tilray leads the cannabis flower market but its average price per gram is significantly below the market average.
Tilray's leading position in the market is positive, but its lower average price per gram could impact its profitability and thus its stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEUTRAL IMPACT
Auxly is a key player in the cannabis flower market, but its pricing strategy is not specified.
Auxly's position in the market is positive, but without details on its pricing strategy, it's difficult to predict its impact on the stock price.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70