In 2024, cannabis ingestible extracts have solidified their position as a cornerstone of Canada’s legal cannabis market, particularly appealing to wellness-focused consumers and those seeking precise dosing options. Despite initial market expectations favouring smokable products, the ingestible category has demonstrated remarkable resilience and growth, with provincial boards consistently expanding their selection of oils, capsules, and innovative delivery formats. This trend mirrors the evolution seen in mature markets like Colorado and California, where ingestible products continue to capture a significant market share.
The cannabis ingestible extracts category has evolved considerably from the basic CBD and THC oils of early legalization, now offering an unprecedented variety of options, including rapid-onset technologies, novel carrier oils, water-soluble formulations, and precise-dose capsules. Leading this innovation are established licensed producers who have invested heavily in extraction technology and formulation expertise alongside emerging brands, bringing specialized focus to specific product niches. The result is a sophisticated market where consistency, bioavailability, and targeted effects are becoming key differentiators.
Overall Top Performers
- Good Supply – THC 30:0 Oil (30ml)
- Redecan – Gems 5:5 (15 x 5mg)
- Redecan – Gems 5:5 (30 x 5mg)
Pennies – THC Softgels (5 x 10mg)
Tweed – Argyle Softgels (15 x 10mg)
Fly North – Pomegranate Star Shower Lozenges (10 x 10mg)
Tweed – Penelope Oil Spray (20ml)
Redecan – CBD Reign Drops (30ml)
MediPharm Labs – THC30 Plus Olive Oil Formula (30ml)
Redecan – Gems 5:0 (15 x 5mg)
Top Selling Capsules
- Redecan – Gems 5:5 (15 x 5mg)
- Redecan – Gems 5:5 (30 x 5mg)
- Pennies – THC Softgels (5 x 10mg)
- Tweed – Argyle Softgels (15 x 10mg)
- Fly North – Pomegranate Star Shower Lozenges (10 x 10mg)
- Redecan – Gems 5:0 (15 x 5mg)
- Tweed – Houndstooth (15 x 10mg)
- Stigma Grow – RSO Caps (25 x 10mg)
- Indiva Blips – THC Tablets (25 x 10mg)
- ASPIRE – SPARK THC Moonrocks (15 x 10mg)
Top Selling Drops
- Good Supply – THC 30:0 Oil (30ml)
- Redecan – CBD Reign Drops (30ml)
- MediPharm Labs – THC30 Plus Olive Oil Formula (30ml)
- NuLeaf Naturals – Full Spectrum Hemp Multicannabinoid Oil (30ml)
- Solei – Libérer Oil (30ml)
- Redecan – Reign Drops 15:15 (30ml)
- Redecan – Reign Drops 30:0 (30ml)
- MediPharm Labs – CBN 1:2 Nighttime Formula (30ml)
- NightNight – Pure CBN Oil (30ml)
- Stigma Grow – Phoenix Tears (1ml)
Honorable Mention
ASPIRE – SPARK Moonshot
SPARK Moonshot is a fast-acting sublingual extract designed to quickly dispense water-soluble THC made for the outgoing explorer in you. Created with the consumer in mind, each bottle contains 100mg of THC in a first-to-market integrated dispensing bottle that accurately dispenses 10mg THC (9ml) per shot. This sublingual extract is powered by technology enabling fast onset times, and robust bioavailability.
Future of Cannabis Ingestible Extracts
The future of cannabis ingestible extracts in Canada shows strong promise as consumers increasingly gravitate toward precise, discreet consumption methods. As extraction technology advances, we can expect to see more sophisticated formulations featuring enhanced bioavailability, faster onset times, and expanded minor cannabinoid offerings. These innovations will likely focus on addressing specific consumer needs, from sleep and wellness to precise micro-dosing options.
Market evolution suggests a growing sophistication among consumers, with increasing demand for premium formulations and scientifically-backed delivery methods. While THC and CBD remain dominant, the rising interest in minor cannabinoids like CBN and CBG points to a future where targeted therapeutic effects drive product development. This trend parallels the broader health and wellness industry’s move towards personalized solutions.
Provincial boards are responding to this consumer sophistication by diversifying their ingestible extract offerings, while retailers are dedicating more shelf space to these products. The convenience and discretion of ingestible formats, combined with improving flavour profiles and onset predictability, continue to attract both new and experienced cannabis consumers. With pricing becoming more competitive and education improving around bioavailability and effects, the category is positioned for sustained growth.
As the market matures, we’re likely to see increased specialization, with some brands focusing on premium, full-spectrum formulations while others target value-conscious consumers with simplified offerings. The entry of pharmaceutical and nutraceutical expertise into the cannabis space suggests further innovations in delivery technologies and formulation science. Stay tuned to ADCANN for more top 10 lists and ongoing coverage of the evolving cannabis extract landscape in Canada and beyond.
About Neobi Technology
Neobi collects real-time inventory data from thousands of Canadian retail websites to offer the largest repository of retail trends and consumer insight to those capable of leveraging this actionable intelligence into an everyday business advantage.
To learn more about Neobi, visit their website at https://neobi.io/ or reach out to Michael Colbourne at mcolbourne@neobi.io.
Disclaimer: The information for this article was provided by Neobi Technologies and is limited to the retail data that is available to them.
Last Updated on October 31, 2024 by ADCANN
