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Data Snapshot for Mar 20, 2026
Overview
VERSUS climbed from #12 to #7 in just twelve months despite a -7.7% YoY revenue decline—volume-driven share gains outpacing price erosion. The mid-tier cannabis brand now faces a 3-month sales slide of -10.9%, raising questions about whether momentum can hold.
Categories
- Top Category: Vapes
- Price Tier: Mid-Market
- States Active: 5
Top States
Versus Top StatesFeb 2026
Top states where Versus is active based on indexed sales coverage.
Trend View
Market Insights SnapshotFeb 2026
Trend narrative unavailable.
24-Month Trend
Average Price
$18.63
YoY Sales Trend
7.7%
2Y Sales Trend
26.1%
Vapes surged +46.5% YoY to become the largest segment at 36.8%, overtaking Flower which collapsed -26.0% YoY to 36.3%. VERSUS is rapidly pivoting away from Flower-heavy roots, with every non-Vape category contracting double digits.
| Category | Sales Share | Avg Price | YoY |
|---|---|---|---|
| Vapes | 37.3% | $21.93 | 46.5% |
| Flower | 36.8% | $29.76 | 26.0% |
| Pre-Rolls | 13.6% | $16.42 | 11.8% |
| Edibles | 9.9% | $6.44 | 13.1% |
| Concentrates | 2.3% | $22.59 | 36.3% |
VERSUS concentrates heavily in Ontario at 52.9% of sales, with British Columbia at 26.8% and Alberta at 10.4%. Active across six Canadian provinces, but nearly 80% of revenue flows from just two markets—a top cannabis brand in Ontario with thin national depth.
| State | Concentrates | Edibles | Flower | Pre-Roll | Vapes |
|---|---|---|---|---|---|
| 10 | 11 | 6 | 2 | 7 | |
| 14 | 8 | 8 | 24 | 11 | |
| 10 | 21 | 12 | 25 | 5 | |
| 18 | 10 | 17 | 33 | 14 | |
| ⊖ | 9 | 22 | ⊖ | 7 |
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Market Position
Competitive LandscapeFeb 2026
#7 in Vapes, up five spots from #12 a year ago—VERSUS gained ground on every ranked peer including DAVINCI at #1 and BACK FORTY at #2. Still six spots behind category leader DAVINCI, but closing faster than any competitor in the top ten.
SKU View
Notable ProductsFeb 2026
Top products for Feb 2026 with sales and momentum indicators.
| Product | Category | MoM |
|---|---|---|
#1 | Vapes | N/A |
#2 | Pre-Rolls | N/A |
#3 | Flower | N/A |
#4 | Pre-Rolls | N/A |
#5 | Flower | N/A |
#6 | Vapes | 17.9% |
#7 | Vapes | 27.3% |
#8 | Vapes | 21.6% |
#9 | Pre-Rolls | 75.9% |
#10 | Vapes | 511.2% |
Benchmarking
Competitive Peer Set
Peer brands benchmarked against Versus using competitive landscape rank coverage, proximity, and momentum.