.svg){kind=small}
Apr-2024
Sales
Trend
6-Month
Product Count
SKUs
Overview
Market Insights Snapshot
In the competitive landscape of cannabis edibles, Camino has demonstrated notable performance across several states, maintaining its position as a leading brand in the category. In California, Camino consistently held the second rank from January to April 2024, showcasing its strong presence in one of the largest cannabis markets in the United States. This is underscored by a significant increase in sales, from $6,594,387 in January to $7,690,382 in April. Similarly, in Massachusetts and Ohio, Camino secured the top position throughout the same period, indicating a solid brand preference among consumers in these states. However, in Michigan, there was a slight fluctuation in its ranking, hinting at a competitive challenge in maintaining its market position.
Contrastingly, Camino's performance in Missouri experienced more volatility, with its ranking slipping from 15th in January to 17th in April, suggesting potential areas for growth or increased competition. This dip is particularly noteworthy as it indicates Camino was not in the top 30 brands for the month, highlighting a challenge in this market. On the brighter side, in New York, Camino saw a positive trajectory, moving from the third rank in January and February to the second rank in March and April, accompanied by a substantial increase in sales from $464,257 to $706,155. This growth in New York, alongside stable high performance in states like California, Massachusetts, and Ohio, suggests that while Camino faces challenges in certain areas, it continues to be a dominant force in the edibles category across key cannabis markets.
Competitive Landscape
In the competitive landscape of the edible cannabis market in California, Camino has maintained a strong position, consistently ranking second from January to April 2024. Despite the dominance of Wyld at the top spot, Camino has shown significant growth, indicating a solidifying foothold in the market. Notably, its sales have seen an upward trajectory, closing the gap with Wyld, which has remained the market leader. The gap between Camino and its closest competitors, such as Kanha / Sunderstorm and Lost Farm, has widened, with Camino's sales substantially higher and showing faster growth. This performance suggests that Camino is not only securing its market share but is also poised for potential challenges to the top position, given its current momentum and the sales trends observed over these months.
Notable Products
In Apr-2024, Camino's top-selling product was the THC/CBN 5:1 Midnight Blueberry Gummies 20-Pack (100mg THC, 20mg CBN) with sales reaching 133,134. Following closely, the Watermelon Lemonade Bliss Gummies 20-Pack (100mg) and Sativa Excite Wild Cherry Gummies 20-Pack (100mg) maintained their positions at second and third, respectively, showcasing consistent consumer preference. The Wild Berry Chill Gummies 20-Pack (100mg) secured the fourth spot, marking a steady climb in its ranking over the previous months. The THC/CBN 10:3 Blackberry Dream Sleep Gummies 10-Pack (100mg THC, 30mg CBN) rounded out the top five, indicating a slight shift in consumer choice towards products with a higher CBN content. This analysis underscores a stable market preference for edibles within Camino's product line, with notable sales figures and minimal ranking changes over the analyzed period.
Top Selling Cannabis Brands
