Trend
Sales
$4,505
Product Count
4
Updated
9/26/2023
Markets

Blooming Botanicals

Blooming Botanicals is a Michigan-based company specializing in the production of premium, herbally-infused CBD products, aiming to deliver relief on a cellular level for a range of specific ailments including pain, anxiety, and sleep disorders. With a unique, holistic approach, the brand connects mind, body, and spirit with products like their best-selling Turmeric CBD Tincture, creating unique formulas in small batches for optimum benefits. Aside from its focus on health and wellness, Blooming Botanicals is also environmentally conscious, donating a portion of all sales to Community Carbon Trees in Costa Rica to contribute to climate change mitigation.
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Blooming Botanicals Historical Sales by Category

Market Insights Snapshot

In the realm of Tincture & Sublingual, Blooming Botanicals has shown a consistent performance in Michigan. The brand maintained its 18th position in both August and July 2023, a commendable rise from its 21st rank in June and 23rd in May. This consistent upward trend indicates a growing consumer preference and market penetration. However, it's worth noting that sales figures dipped slightly in August 2023 compared to July, a detail that warrants further analysis and could be indicative of various market factors.

Switching our focus to the Topical category, Blooming Botanicals' performance in Michigan has been somewhat inconsistent. The brand ranked 24th in August 2023, a drop from its 20th position in July. Interestingly, it was not among the top 20 brands in May 2023, which suggests a volatile market presence. Despite this, the brand managed to significantly increase its sales from June to July 2023. This fluctuation in rankings and sales figures could be a result of changing consumer preferences, competition, or other market dynamics.

Aug-2023 Rank
Tincture & Sublingual
Topical
MI
18
24

Competitive Landscape

In the Tincture & Sublingual category for Michigan, Blooming Botanicals has been experiencing a slight upward trend in rank, moving from 23rd in May to 18th in August 2023. However, it's worth noting that this improvement in rank hasn't translated to a significant increase in sales, suggesting a highly competitive market. Key competitors include Ripple (formerly Stillwater Brands), which despite a drop in rank from 8th to 16th, still maintains higher sales than Blooming Botanicals. Kynd Cannabis Company and The Helping Friendly Hemp Company also show fluctuating ranks but maintain sales levels above Blooming Botanicals. Lastly, Green Gruff has been consistently ranked lower than Blooming Botanicals but has shown a significant increase in sales from May to August 2023, indicating a potential threat.

Notable Products

In August 2023, the top-performing product from Blooming Botanicals was the CBD Healing Salve (500mg CBD) in the Topical category, maintaining its top spot from July. It sold 44 units, a decrease from 66 units in July. The CBD Lavender Tincture (500mg CBD, 30ml) in the Tincture & Sublingual category moved up to second place from third in July. The CBG Full Spectrum Oil Tincture (1000mg CBG, 30ml, 1oz) dropped to third place in August from second in July, indicating a shift in customer preference. Notably, the CBD Tumeric Tincture (2000mg CBD, 30ml) reappeared in the top four after not being ranked in July.

Product Rank
Category
Aug-2023
Jul-2023
Jun-2023
May-2023
CBD Healing Salve (500mg CBD)
Topical
1
1
2
>5
CBD Lavender Tincture (500mg CBD, 30ml)
Tincture & Sublingual
2
3
>5
>5
CBG Full Spectrum Oil Tincture (1000mg CBG, 30ml, 1oz)
Tincture & Sublingual
3
2
1
1
CBD Tumeric Tincture (2000mg CBD, 30ml)
Tincture & Sublingual
4
>5
3
1
CBD Lavender Tincture (1000mg CBD, 30ml)
Tincture & Sublingual
>5
>5
3
1
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