.svg){kind=small}
Jun-2024
Sales
Trend
6-Month
Product Count
SKUs
Overview
Market Insights Snapshot
Alternative Medicine Association (AMA) has shown notable performance across various product categories in Nevada. In the Concentrates category, AMA maintained the top rank from March through May 2024, before dropping to the second position in June. This indicates strong market presence, albeit with a slight dip in the most recent month. The Flower category also saw AMA performing robustly, reaching the first position in April 2024, but experiencing a slight decline to third by June. These movements highlight AMA’s competitive stance and slight volatility in maintaining top ranks across categories.
In other categories, AMA's performance has been mixed. For instance, in the Pre-Roll category, AMA consistently held the third position from March to May 2024, before dropping to fourth in June. This consistency, followed by a slight decline, suggests stable yet slightly fluctuating consumer preferences. Conversely, the Vapor Pens category saw a more significant drop, with AMA moving from fifth position in March to twelfth by June. This downward trend in Vapor Pens indicates potential challenges in this segment. Notably, the absence of AMA in the top 30 brands in any state or category would be a negative indicator, but in Nevada, they have maintained visibility across multiple categories.
Competitive Landscape
In the highly competitive Nevada flower market, Alternative Medicine Association / AMA has shown notable fluctuations in its rank over the past few months. Starting at rank 2 in March 2024, AMA briefly ascended to the top spot in April 2024, only to fall back to rank 2 in May 2024 and further to rank 3 in June 2024. This dynamic shift highlights the intense competition from brands like STIIIZY, which consistently held the top position except for a brief dip to rank 2 in April. Medizin also posed a significant challenge, climbing from rank 5 in March and April to rank 2 by June. Meanwhile, Find. and Rythm maintained relatively stable positions but did not surpass AMA in terms of rank. These shifts underscore the importance for AMA to continuously innovate and adapt its strategies to maintain and improve its market position amidst fierce competition.
Notable Products
In June 2024, the top-performing product from Alternative Medicine Association / AMA was Kush Cake Pre-Roll (1g), maintaining its number one rank with sales of $11,082. Kush Cake (14g) surged to the second position, showing a significant rise from its previous fourth rank in April 2024. Bio Jesus Pre-Roll (1g) entered the rankings at third place, indicating a new strong contender in the pre-roll category. Alpine Taffy Pre-Roll (1g) dropped to the fourth position from its earlier third place in May 2024. White Widow Pre-Roll (1g) debuted at fifth place, highlighting the growing popularity of pre-roll products in the market.
Top Selling Cannabis Brands
