"PLUS holds a legacy status in the California cannabis edibles market. Pioneering the field in its heyday, the brand swiftly carved out a niche, leading the market with its sophisticated packaging and diverse flavor selections. However, a stagnation in innovation within the ever-evolving industry resulted in prolonged declines in market share, margins, and sales revenue. A change in ownership spurred efforts to revitalize the brand through updated packaging and reformulated products. Nonetheless, the landscape had shifted, with well-established competitors now dominating the category."