Cannabella

Data Snapshot: May 05, 2024
Cannabella Cannabis Brand Logo
<$50K

Apr-2024

Sales

Decline

Trend

6-Month

17

Product Count

SKUs

Cannabella

Overview

Cannabella, also known as Canna Bella Lux, is a Carson City based, Latina-owned cannabis brand and product manufacturer. It is renowned for its strong focus on women's wellness, offering an expansive line of luxury cannabis-infused items such as edibles, concentrates, and pre-rolls. The brand, celebrated for its unparalleled commitment to quality, combines the use of scientifically-formulated ingredients like clarified cultured grass-fed butter, with a holistic approach to promote mental, physical, and spiritual self-care.
Markets

Cannabella Locations

Product Trends

Cannabella Categories

Cannabella Sales

Market Insights Snapshot

Cannabella Historical Sales by Category

In the competitive cannabis market of Nevada, Cannabella has shown a noteworthy entry into the Edibles category by March 2024, securing the 31st rank. This is an interesting development, considering they were not ranked in the top 30 brands for this category in Nevada for both January and February of the same year. The emergence of Cannabella in the rankings by March, with sales reaching $15,504, suggests a significant uptick in consumer interest or distribution reach. This movement indicates a positive trend for the brand, as breaking into the top 30, even at the 31st position, in a market as saturated as Nevada's speaks volumes about its potential and consumer acceptance.

However, the absence of Cannabella from the top 30 rankings in the Edibles category in Nevada for the initial two months of 2024 could be seen in two lights. On one hand, it might reflect challenges the brand faced in gaining a foothold in a highly competitive market. On the other hand, the subsequent ranking in March could signify a turning point for the brand, marking the beginning of its ascent in consumer preference and market penetration. This fluctuation in rankings and the specific sales figure for March provide a glimpse into Cannabella's performance trajectory in Nevada. It's crucial for stakeholders to monitor these movements closely, as they could indicate broader trends in consumer behavior and market dynamics within the state's cannabis industry.

Apr-2024 Rank
Edible
Cannabella

Competitive Landscape

In the competitive landscape of the edible cannabis market in Nevada, Cannabella has shown a notable entry into the rankings in April 2024, positioning itself at 31st place. This is a significant insight as it indicates Cannabella's emerging presence in a highly competitive market. Its competitors, such as Highly Edible and Kosmik Brands, have shown varying performance with Highly Edible maintaining a steady rank in the top 30 from February to April 2024 and Kosmik Brands experiencing a drop out of the top 25 rankings by March 2024. This fluctuation in ranks among competitors, especially with Highly Edible's sales showing a gradual decrease from February to April 2024 despite maintaining its rank, provides a nuanced view of the market dynamics. Cannabella's entry and position hint at a potential shift in consumer preferences or effective market strategies that could influence its future rankings and sales. The absence of Bhang in the top 20 rankings throughout these months further underscores the competitive volatility within the Nevada edible cannabis market.

Cannabella market ranking for NV Edible

Cannabella

Notable Products

In April 2024, Cannabella's top-performing product was Lemon Drops Lozenges 10-Pack (100mg) with impressive sales of 78 units, marking its rise to the top from the third position in January. Following closely, the CBD/THC 1:1 Honey (60mg CBD,60mg THC) secured the second rank, maintaining a strong presence in the top tier from February through April, albeit with a slight dip in sales to 65 units. Orange Buttercreams Taffy (100mg) made a significant leap to the third rank in April, despite not being in the top three in the preceding months, showcasing a dynamic shift in consumer preferences. The Pineapple Cherry Bomb Buttercream Chews (100mg) also showed notable movement, climbing from the fifth position in February to the fourth in April, indicating a growing interest in diverse flavor profiles. Lastly, Cherry Lozenges 10-Pack (100mg) maintained a consistent performance, rounding out the top five in April, despite fluctuating rankings in the earlier months.

Product Rank
Category
Jan-2024
Feb-2024
Mar-2024
Apr-2024
Lemon Drops Lozenges 10-Pack (100mg)
Edible
3
>5
>5
1
CBD/THC 1:1 Honey (60mg CBD,60mg THC)
Edible
>5
1
2
2
Orange Buttercreams Taffy (100mg)
Edible
>5
>5
1
3
Pineapple Cherry Bomb Buttercream Chews (100mg)
Edible
>5
5
2
4
Cherry Lozenges 10-Pack (100mg)
Edible
5
4
>5
5
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