Time to examine how Prerolls are sold: singles or multiples within a pack. When you compare the market share in the US and Canada, Multi-Packs of Pre-Rolls are more popular in Canada than single Pre-Rolls. For example, in 2021, Multi-Packs accounted for 79% of Pre-Roll units purchased in Canada, and only 25% in the US.
Focusing on different age groups and how they purchase Pre-Rolls in Canada, you can see that share of Multi-Packs increased as age groups got older.
Female consumers in Canada also had a larger market share in Multi-Pack Pre-Rolls compared to Males within the same generation. Consumers in the US and Canada seem to prefer different package sizes of Multi-Packs.
In Canada for example, the most popular package sizes of Multi-Packs are the 3-packs (36%) and 10-packs (27%). In the US however, consumers are purchasing 5-packs (37%) and 2-packs (14%) the most, with 10-packs of Pre-Rolls making up 13% of the market.
Show Notes:
Pre-Roll Multi-Packs: A look at segment data & performance
https://www.headset.io/industry-reports/pre-roll-multi-packs-a-look-at-segment-data-performance
Host:
Josh Kincaid, Capital Markets Analyst & host of your cannabis business podcast.
https://www.linkedin.com/in/joshkincaid/
Episode 890 The #TalkingHedge…
Your Cannabis Business Podcast.
Covering cannabis products, reviews, business news, interviews, investments, events, and more.
https://www.theTalkingHedgepodcast.com
Music Info:
Song: Dark Trap Beats Hard Rap Instrumental | Gang | 2018Artist: LuxrayBeats
Keywords:
Hemp News, Weed News, Cannabis News, Marijuana News, Cannabis Business, Marijuana Business, Cannabis Industry News, Marijuana Industry News, Weed News 420, Talking Hedge Podcast, Cannabis Podcast, Marijuana Podcast, Business Podcast, CBD podcast, THC podcast, Cannabis Pitch Deck, Marijuana Pitch Deck, Marijuana Investment Deck, Cannabis Investment Deck, Cannabis Compliance, Cannabis Data, Cannabis Banking, Cannabis Investment, Pot Stocks, Cannabis Stocks, Weed Stocks, Marijuana Stocks, Cannabis Data, Marijuana Data, Cannabis Analytics, Marijuana Analytics, Cannabis Sales Data, Marijuana Sales Data
Josh is not an investment adviser. The Talking Hedge is long gold and silver. Listeners should always speak to their personal financial advisers. This is only entertainment.
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