Summit Lemonade Iced Tea

Hey pancakenap here doing a beverage review. We’re looking at Summit Lemonade Iced Tea today.

Grabbed a few drinks and thought I would review them. These go pretty quick and just hits the high points of the product. We track the data from these products but don’t really use it comparatively yet. 

Purchase Stats

Grabbed this on at Value Buds in Beacon Hill in Calgary. Paid $6.47 for a 355ml bottle. Brand is shown as Summit, sometimes I see this called Summit 10. Producer is shown as Valens Agritech. The product was packaged July 29 2022.

Visuals

Opaque beige liquid. Non carbonated.

Tastes

Tastes like sweet tea. The liquid is light and drinkable. Very little slippery mouth feel. Zero cannabis aftertaste. I’d tell you it tastes almost exactly like a Nestle Iced Tea.

Notes on Consuming

I drank this when I was feeling thirsty and found it quite refreshing.

Drank the product within 5 minutes of opening and thought I felt the effects within 10.

Summary

Product was good quality but was very expensive. I can’t imagine the price is affordable for someone to consume this regularly like they would a beer or a mixed drink.

Buyer Motivation

Lone employee brought it out of the back during a moment of confusion.

Consumer Benefits

Familiar Iced Tea tastes

Consumer Pains

The price is so painful.

Attractive Elements

Nothing at all. I was aware of this brand but not the products.

Compromises Made

Required visit to a retail store

Market Information

Next we bring in several market measures for this item using data from CannStandard. This data was obtained from public listings for legal cannabis products in Canada. I've provided the data as they were in the last complete month they were available (November 2023).

Contact us for more information about our market intel.

Days Active

The first date we can find the product listed and the number of days since then.

Provinces Listed

The count of provinces we can find this product listed in.

Market Average Price

The average price of this item at the stores we can find it listed in.

Store Count

The count of stores we can find this item listed at.

Monthly Sales

The sum of the observed change in inventory multiplied by the price of this item across all stores.

Monthly Sell-Through Per Store

The sum change in inventory for this item divided by the number of stores that list it.

Monthly Sales Per Store

The sum of observed sales for this item divided by the number of stores that list it.

Share of Total Sales

The sum of sales for this item as a percentage of all sales we track. The static average is shown on the left and the monthly average is shown on right.

Cumulative Sales

The cumulative sum of tracked sales for this item. The static sum is shown on the left and the monthly sum is shown on right.

August 2021 Selling Products

During the peak of sales for this product, this Lemonade rank 7th on CannStandard's flower top 30 sellers list for August 2021.

August 2021 Top Selling Brands

During the same month (August 2021) Summit was 7th on the top 20 brands.

Thanks!

Thank you for taking the time to read through the market data.

If you are part of the industry, whether you have a store or a product in the market, and you'd like to receive this information via email, please reach out to us at info@cannstandard.ca. We are also here to assist with any inquiries you may have regarding the data or our reporting. Your feedback and questions are welcome.