Baskin (formerly Bask)

Data Snapshot: Apr 04, 2024
Baskin (formerly Bask) Cannabis Brand Logo
<$50K

Mar-2024

Sales

Neutral

Trend

6-Month

6

Product Count

SKUs

Baskin (formerly Bask)

Overview

Baskin, formerly known as Bask, represents an evolution in the cannabis industry with its focus on mature, intelligent discourse around the medical use of marijuana, particularly for common disorders often overlooked such as adult ADHD. As a brand, Baskin distinguishes itself by owning its position in the market as a reliable purveyor in a rapidly industrializing sector. Baskin’s place in the industry emphasizes education, medical application, and an informed understanding of cannabis history and applications.
Markets

Baskin (formerly Bask) Locations

Product Trends

Baskin (formerly Bask) Categories

Baskin (formerly Bask) Sales

Market Insights Snapshot

Baskin (formerly Bask) Historical Sales by Category

In Nevada, Baskin (formerly Bask) has shown a remarkable performance in the Topical category, maintaining a consistent presence in the top rankings over the last four months. Starting from December 2023, Baskin held the 7th position steadily through February 2024, before making a significant leap to the 4th rank in March 2024. This upward movement is indicative of a growing consumer preference and trust in Baskin's topical products within the state. The sales figures support this trend, with a noteworthy increase from 11,858 in December 2023 to 20,001 in March 2024, highlighting a strong market demand and effective brand strategies to capture and expand their customer base in Nevada.

However, the analysis of Baskin's performance across other states or categories remains undisclosed, providing a focused but incomplete view of the brand's overall market presence. The consistency in ranking within the top 10 in Nevada's Topical category suggests a solidified position in this niche, yet the absence of rankings for other months or categories could signal either a strategic focus by Baskin on specific market segments or potential areas for growth and expansion. The significant sales increase in Nevada also poses questions about the brand's performance and strategies in other regions, hinting at a potentially diverse and nuanced market approach that warrants further examination.

Mar-2024 Rank
Topical
4
Baskin (formerly Bask)

Competitive Landscape

In the competitive landscape of the topical cannabis market in Nevada, Baskin (formerly Bask) has shown a notable improvement in its performance over the recent months. Starting at the 7th rank from December 2023 through February 2024, Baskin made a significant leap to the 4th position by March 2024. This upward trajectory in rank is indicative of a robust increase in sales, with a notable jump observed in March. Competing brands such as INDO and Escape Artists have maintained their 2nd and 3rd ranks respectively throughout these months, indicating a stable performance. However, Baskin's rise in rank and sales suggests a growing consumer preference or effective marketing strategies that could be reshaping its competitive position. Other competitors like Avexia and Doctor Solomon's have shown fluctuations in sales but remained relatively stable in their rankings. Baskin's recent performance highlights its potential to challenge the dominance of higher-ranked brands and signifies its growing influence in Nevada's topical cannabis market.

Baskin (formerly Bask) market ranking for NV Topical

Baskin (formerly Bask)

Notable Products

In Mar-2024, Baskin (formerly Bask) saw the CBD/THC 3:1 Transdermal Cream (375mg CBD,151mg THC) emerge as its top-selling product with 147 units sold, marking a significant jump from its second-place position in the preceding two months. Following closely, the CBD/THC 1:1 Eucalyptus Balm (100mg CBD, 100mg THC 1.7oz) secured the second rank with its consistent performance, moving up from third place in previous months. The CBD/THC 1:3 Joy & Release Transdermal Cream (125mg CBD, 375mg THC), which led the sales chart from Dec-2023 to Feb-2024, experienced a decline, dropping to the third rank in Mar-2024. The CBD/THC 1:10 Awake & Excite Transdermal Cream (50mg CBD, 500mg THC) maintained a steady position, ranking fourth for the third consecutive month. This shift in rankings highlights a dynamic consumer preference within Baskin's topical product line, showcasing a growing interest in varied CBD to THC ratios.

Product Rank
Category
Dec-2023
Jan-2024
Feb-2024
Mar-2024
CBD/THC 3:1 Transdermal Cream (375mg CBD,151mg THC)
Topical
>5
2
2
1
CBD/THC 1:1 Eucalyptus Balm (100mg CBD, 100mg THC 1.7oz)
Topical
3
3
3
2
CBD/THC 1:3 Joy & Release Transdermal Cream (125mg CBD, 375mg THC)
Topical
1
1
1
3
CBD/THC 1:10 Awake & Excite Transdermal Cream (50mg CBD, 500mg THC)
Topical
2
4
4
4
CBD Extended Transdermal Wellness Cream (400mg CBD,2oz)
Topical
>5
5
>5
5
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