.svg){kind=small}
Jun-2024
Sales
Trend
6-Month
Product Count
SKUs
Overview
Market Insights Snapshot
BOUNTI has shown notable performance in the Vapor Pens category across various states, with a particularly strong presence in Nevada. Over the past few months, BOUNTI's rank in Nevada has seen a significant upward trend, moving from 21st in March to 15th in June. This improvement in rank is indicative of a growing market presence and increasing consumer preference for BOUNTI's products in the state. The sales figures also reflect this positive trend, with a substantial jump from approximately $199K in May to over $313K in June, suggesting robust growth and market penetration.
However, BOUNTI's performance is not consistent across all states and categories. In some states, the brand did not make it into the top 30 rankings, which could be a cause for concern. This inconsistency highlights potential areas for strategic improvement and market expansion. The varying performance across states underscores the importance of localized marketing strategies and product offerings tailored to specific regional preferences. Overall, while BOUNTI is making strides in certain markets, there is still significant room for growth and optimization in others.
Competitive Landscape
In the competitive landscape of Vapor Pens in Nevada, BOUNTI has shown a notable shift in its market position over recent months. Initially ranked 21st in March 2024, BOUNTI climbed to 20th in April, dropped back to 21st in May, and made a significant leap to 15th in June. This upward trajectory in June is particularly impressive given the competitive environment. For instance, Provisions consistently hovered around the mid-teens, while City Trees experienced a more volatile ranking, peaking at 10th in April before settling at 14th in June. Big Chief and Dime Industries also demonstrated fluctuations, with Dime Industries making a notable rise from 20th in March to 13th in June. BOUNTI's sales surge in June, reaching $313,018, indicates a strong market response, positioning it favorably against competitors and suggesting potential for continued growth in the Nevada Vapor Pens market.
Notable Products
In June 2024, the top-performing product from BOUNTI was Tropical Trainwreck Live Resin Disposable (0.5g) in the Vapor Pens category, maintaining its number one ranking from May 2024 with a notable sales figure of 765 units. Blue Dream Distillate Disposable (0.5g) held the second position, consistent with its ranking in May, showing strong performance with 728 units sold. OG Blackberry Distillate Disposable (0.5g) remained steady in the third spot, improving its sales from the previous month to 672 units. Raspberry Skywalker Distillate Disposable (0.5g) climbed to the fourth position, reflecting a positive trend from its fifth-place rank in April. Garlic Cookies Distillate Disposable (0.5g) entered the top five for the first time, securing the fifth spot with 519 units sold, indicating a growing popularity.
Top Selling Cannabis Brands
