Synergy CHC Corp. - Common Stock (SNYR)
Competitors to Synergy CHC Corp. - Common Stock (SNYR)
Axim Biotechnologies, Inc. AXIM -2.56%
Axim Biotechnologies focuses on cannabis-based therapeutics and pharmaceuticals, similar to Synergy CHC Corp. Their competition arises primarily from product offerings in the cannabinoid market, with Axim having a specialized focus on developing treatments for various medical conditions. However, Synergy CHC aims to provide a broader range of consumer health products, which could position them as a more versatile competitor in the marketplace.
Canopy Growth Corporation
As one of the largest cannabis companies globally, Canopy Growth Corporation competes with Synergy CHC Corp. through an extensive portfolio of cannabis and cannabinoid-based products, including medical and recreational use. Canopy's investment in research and development and significant market presence gives them a competitive edge that allows them to produce a variety of innovative products, while Synergy may focus on niche market segments within the broader health space.
Charlotte's Web Holdings, Inc.
Charlotte's Web is well-known for its high-quality CBD products, making it a significant competitor to Synergy CHC Corp. in the health and wellness market. While both companies target consumers interested in alternative health solutions, Charlotte's Web has established strong brand recognition and a loyal customer base, giving them a robust competitive advantage in the CBD space compared to Synergy's more diversified approach.
CV Sciences, Inc. CVSI +3.68%
CV Sciences specializes in hemp-derived CBD products and competes with Synergy CHC Corp. across similar product lines aimed at the wellness market. The competitive landscape is amplified by CV Sciences' strong distribution network and marketing strategies, which may give them an edge in reaching consumers compared to Synergy's more targeted product offerings. Thus, while both companies target health-conscious consumers, CV Sciences' established presence may make them a formidable competitor.