BOUNTI

Data Snapshot: May 05, 2024
BOUNTI Cannabis Brand Logo
$100K+

Apr-2024

Sales

Growth

Trend

6-Month

34

Product Count

SKUs

BOUNTI

Overview

BOUNTI is a renowned marijuana brand that offers a wide variety of products, including a striking, Sativa-dominant hybrid strain vape with a notable 88.73% THC content. The brand sets itself apart with its commitment to sustainability, growing their offerings in greenhouses that rely on 90% less water and land as compared to traditional farming methods. Known for its variety and quality of cannabis products, BOUNIT’s comprehensive, plant-to-patient approach underscores its complete control on cultivation, processing, and selling of its top-rated greens.
Markets

BOUNTI Locations

Product Trends

BOUNTI Categories

BOUNTI Sales

Market Insights Snapshot

BOUNTI Historical Sales by Category

In Nevada, BOUNTI has shown a consistent and promising performance within the Vapor Pens category. Starting the year at rank 21 in January 2024 and improving its position to rank 18 by March and maintaining this rank into April, BOUNTI's trajectory in the market is noteworthy. This upward movement in rankings is accompanied by a significant increase in sales, starting from $146,137 in January and peaking at $234,673 in March before slightly dipping to $231,413 in April. This trend not only highlights BOUNTI's growing popularity and acceptance among consumers in Nevada but also underscores the brand's ability to maintain a strong market presence amidst competitive pressures.

While the data provided focuses exclusively on Nevada, the performance of BOUNTI within this state's Vapor Pens category could be indicative of the brand's overall market strategy and potential performance in other states or categories. The consistent month-over-month improvement in rankings, coupled with a substantial increase in sales, reflects positively on BOUNTI's market strategies and consumer appeal. However, the slight dip in sales from March to April, despite maintaining the same ranking, suggests a dynamic market condition that BOUNTI will need to navigate. This scenario presents an interesting point for further analysis, as understanding the factors behind these movements could provide valuable insights into consumer behavior and market trends in the cannabis industry.

Apr-2024 Rank
Vapor Pens
18
BOUNTI

Competitive Landscape

In the competitive landscape of the Vapor Pens category in Nevada, BOUNTI has shown a consistent performance amidst fluctuating ranks among its competitors. Notably, BOUNTI's rank improved from 21st in January 2024 to 18th by April 2024, indicating a positive trajectory in a highly competitive market. Competitors like Srene and Church Cannabis Co. have experienced more significant rank fluctuations, with Srene jumping from a rank outside the top 20 in January to 11th in March, then settling at 16th in April, and Church Cannabis Co. moving from 12th to 17th in the same period. Dime Bag and Big Chief entered the top 20 in March and April, respectively, indicating a competitive entry and shifts within the market. Despite these changes, BOUNTI's sales have shown an upward trend, closely competing with Big Chief in April 2024 sales, and outperforming Church Cannabis Co., which had higher ranks in earlier months. This analysis suggests that BOUNTI is maintaining a steady climb in both rank and sales, holding its ground against competitors with more volatile performances.

BOUNTI market ranking for NV Vapor Pens

BOUNTI

Notable Products

In April 2024, BOUNTI's top-selling product was the Blue Dream Distillate Disposable (0.5g) from the Vapor Pens category, maintaining its number one rank from the previous two months with sales reaching 654 units. Following closely, the Tropical Trainwreck Live Resin Disposable (0.5g) also in the Vapor Pens category, secured the second position, improving from its third-place ranking in the prior months. The Creamsicle Distillate Cartridge (0.5g) and OG Blackberry Distillate Disposable (0.5g), both Vapor Pens, tied for the third rank, showcasing a notable shift for the Creamsicle Distillate Cartridge which moved up from fifth place in February and March. Interestingly, the Creamsicle Distillate Disposable (0.5g) dropped from the top position in January to fourth in April, indicating a significant change in consumer preferences within BOUNTI's product line. These shifts highlight dynamic consumer trends and the competitive landscape of BOUNTI's offerings in the cannabis market.

Product Rank
Category
Jan-2024
Feb-2024
Mar-2024
Apr-2024
Blue Dream Distillate Disposable (0.5g)
Vapor Pens
4
1
1
1
Tropical Trainwreck Live Resin Disposable (0.5g)
Vapor Pens
>5
3
3
2
Creamsicle Distillate Cartridge (0.5g)
Vapor Pens
2
5
5
3
OG Blackberry Distillate Disposable (0.5g)
Vapor Pens
3
2
>5
3
Creamsicle Distillate Disposable (0.5g)
Vapor Pens
1
>5
4
4
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