Banned Cannabis Edible Co.

Data Snapshot: Apr 04, 2024
Banned Cannabis Edible Co. Cannabis Brand Logo
$100K+

Mar-2024

Sales

Decline

Trend

6-Month

30

Product Count

SKUs

Banned Cannabis Edible Co.

Overview

Banned Cannabis Edible Co. is a notable brand in the cannabis industry known for its potent hybrid products such as their 200mg Cherry Gummies 4 pack. However, the brand is currently under scrutiny due to allegations from the Minnesota Board of Pharmacy regarding sales of edibles exceeding the legal THC limit. As regulations vary across regions, it's advisable for potential customers to apply local filters to ascertain the legal status and availability of these products.
Markets

Banned Cannabis Edible Co. Locations

Product Trends

Banned Cannabis Edible Co. Categories

Banned Cannabis Edible Co. Sales

Market Insights Snapshot

Banned Cannabis Edible Co. Historical Sales by Category

In the competitive landscape of the cannabis edible market in Michigan, Banned Cannabis Edible Co. has shown a notable trajectory over the recent months. Starting at a rank of 20 in December 2023, the brand experienced a slight decline, moving to 23rd in January 2024, then to 26th in February 2024, before making a comeback to the 23rd position in March 2024. This fluctuation in rankings indicates a challenging period for the brand amidst the stiff competition in Michigan's edible category. Despite the downward trend in rankings from December to February, the brand's ability to reclaim its January rank by March suggests resilience and possibly a successful strategy adjustment. However, the decline from their initial position in December to their standing in March, coupled with a notable drop in sales from December's $435,460 to February's $225,506, before a slight recovery in March, hints at underlying challenges in maintaining market share and consumer preference in this highly competitive sector.

While the specific performance metrics and strategies employed by Banned Cannabis Edible Co. to navigate the Michigan market are not fully disclosed, the available data points towards a brand that is actively contending with the ebbs and flows of consumer demand and market dynamics. The absence from the top 30 brands in any given month would have been a significant concern, but maintaining a presence, albeit with fluctuations, suggests that Banned Cannabis Edible Co. has a foothold in the market that could be leveraged for recovery and growth. The slight recovery in sales in March, despite a ranking that did not surpass their initial position, could indicate that the brand is beginning to effectively address the challenges it faces. For stakeholders and industry observers, these movements underscore the importance of agility and adaptability in sustaining and enhancing brand performance in the competitive cannabis edibles market in Michigan.

Mar-2024 Rank
Edible
23
Banned Cannabis Edible Co.

Competitive Landscape

In the competitive landscape of the edible cannabis market in Michigan, Banned Cannabis Edible Co. has experienced fluctuations in its ranking over the recent months, indicating a challenging environment. Initially ranked 20th in December 2023, it saw a slight decline to 23rd by March 2024. Notably, its competitors have shown varied trajectories. Mitten Extracts and Sauce Essentials have displayed resilience, with Mitten Extracts improving its rank significantly from 25th to 16th before dropping to 21st, and Sauce Essentials maintaining a relatively stable position, ending slightly ahead of Banned Cannabis Edible Co. in March. On the other hand, Muha Meds and High Minded have shown more dramatic fluctuations, with Muha Meds experiencing a significant drop in January before partially recovering, and High Minded making a notable climb from 37th to 24th. This competitive dynamic, characterized by significant rank changes and sales fluctuations among competitors, suggests a highly volatile market where brand positioning can shift rapidly, impacting Banned Cannabis Edible Co.'s market standing and sales performance.

Banned Cannabis Edible Co. market ranking for MI Edible

Banned Cannabis Edible Co.

Notable Products

In Mar-2024, Banned Cannabis Edible Co. saw Watermelon Lemonade Cluster Gummies 4-Pack (200mg) leading the sales chart, with a notable figure of 4558 units sold, marking its rise to the top from not being ranked in the previous month. Following closely, Berry Melon Cluster Gummies 4-Pack (200mg) secured the second position, showing a slight decrease in rank from being the top product in Feb-2024. Grape Cluster Gummies 4-Pack (200mg), previously leading in Dec-2023, dropped to the third rank in Mar-2024, indicating a fluctuating preference among consumers. Blueberry Cluster Gummies 4-Pack (200mg) maintained a consistent presence in the top rankings, settling at the fourth place after being the top product in Jan-2024. Lastly, Blueberry Gummy (100mg) entered the top five for the first time in Mar-2024, illustrating the dynamic nature of consumer demands within the edible category of Banned Cannabis Edible Co.

Product Rank
Category
Dec-2023
Jan-2024
Feb-2024
Mar-2024
Watermelon Lemonade Cluster Gummies 4-Pack (200mg)
Edible
5
3
>5
1
Berry Melon Cluster Gummies 4-Pack (200mg)
Edible
4
>5
1
2
Grape Cluster Gummies 4-Pack (200mg)
Edible
1
2
>5
3
Blueberry Cluster Gummies 4-Pack (200mg)
Edible
3
1
3
4
Blueberry Gummy (100mg)
Edible
>5
>5
2
5
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