.svg){kind=small}
Jun-2024
Sales
Trend
6-Month
Product Count
SKUs
Overview
Market Insights Snapshot
Alchemy Pure has shown a consistent performance in the New York market, particularly in the Flower category. Over the past four months, the brand has maintained a steady presence within the top 30 brands, fluctuating between ranks 18 and 21. This indicates a stable demand and acceptance among consumers in New York. The sales figures also reflect a positive trend, with a notable increase from $200,981 in March 2024 to $231,877 in June 2024. This upward trajectory in sales suggests that Alchemy Pure is gaining traction and possibly expanding its market share in the Flower category.
In contrast, the Pre-Roll category presents a more challenging landscape for Alchemy Pure in New York. The brand has not managed to secure a position within the top 30, with ranks hovering just outside this range, from 41 to 49. Despite this, there is a positive sign in the sales growth, which has more than doubled from $23,192 in March 2024 to $54,545 in June 2024. This indicates a growing interest in their Pre-Roll products, even though it has yet to translate into a top 30 ranking. The data suggests that while Alchemy Pure is making strides in the Pre-Roll category, it still faces significant competition and room for improvement to break into the top tier.
Competitive Landscape
In the competitive landscape of the Flower category in New York, Alchemy Pure has experienced a relatively stable performance with slight fluctuations in its ranking over the past few months. Alchemy Pure ranked 21st in March 2024, improved to 18th in April, dropped back to 21st in May, and climbed to 19th in June. This stability is notable compared to other brands like Animal House, which showed a significant rise from 38th in March to 14th in May before settling at 20th in June, indicating a more volatile but upward trend. Similarly, Canna Cure Farms maintained a higher but slightly declining rank, moving from 11th in March to 18th in June. Another competitor, Tarot Tokes, remained relatively consistent, hovering around the 20th to 24th positions. Interestingly, Pura showed a dramatic improvement, jumping from being outside the top 20 in March to 17th in April and May, highlighting a significant surge in popularity. These dynamics suggest that while Alchemy Pure maintains a steady presence, there is intense competition with brands like Pura and Animal House showing more aggressive growth trajectories, potentially impacting Alchemy Pure's market share and necessitating strategic adjustments to bolster its competitive edge.
Notable Products
In June 2024, the top-performing product from Alchemy Pure was Catskill Blue Dream (3.5g) in the Flower category, maintaining its position as the number one product with notable sales of 1016 units. The Brrberry OG Infused Pre-Roll 6-Pack (3g) held steady at the second position, showing consistent performance across the months. BrrBerry OG (3.5g) in the Flower category climbed to the third spot, a significant rise from being unranked in May. Trainwreck (3.5g), also in the Flower category, dropped to fourth place from its consistent third position in the previous months. Lastly, Nectarine Jelly Pre-Roll (0.5g) ranked fifth, marking its return to the top five after being unranked in May.
Top Selling Cannabis Brands
