(Image via TPCO Holding Corp.)
According to sales and retail data from BDSA, a global cannabinoid market research firm, gummy candies ranked #1 in sales revenue among all cannabis edible form factors in 2020, with 59.2% of the market share. the gummy category has been the largest and one of the fastest growing categories in edibles in California with an annual growth rate of 26% and 61% market share totaling up to $332 million (USD) in revenue.
TPCO Holding Corp. (NEO: GRAM.U, OTCQX: GRAMF, Forum) announced that it is expanding its suite of edible offerings.
The California cannabis company talked about the launch of DELI Dimes, its new gummy cannabis product in three delicious flavors: Black Cherry, Fresh Watermelon and Red Berry, on Monday. DELI Dimes boast 10mg of THC from 100% full-spectrum oil for a rich experience. A uniquely affordable option, each DELI Dimes pouch has a retail price of $14 and contains 10 sugar dusted gummies, for a total of 100mg THC per pouch.
The company’s Chief Operating Officer, Dennis O'Malley said in a news release that the product was born from customer feedback and demand, built on top of the success of DELI Nickels.
“As we expand our presence in the gummy category, it is our mission to continue producing innovative, safe and reliable products that are formulated with the highest quality ingredients.”
Expanding on the brand's first edible product line – DELI Nickels gummies, which launched in May of 2020 and immediately became one of the Company's top-selling gummy brands – this latest offering provides double the THC in every piece, ensuring the brand can meet consumers at every stage of their cannabis journey.
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