Cannabis Inc

Data Snapshot: Apr 04, 2024
Cannabis Inc Cannabis Brand Logo
<$50K

Mar-2024

Sales

Decline

Trend

6-Month

5

Product Count

SKUs

Cannabis Inc

Overview

Markets

Cannabis Inc Locations

Product Trends

Cannabis Inc Categories

Cannabis Inc Sales

Market Insights Snapshot

Cannabis Inc Historical Sales by Category

In the vibrant and ever-evolving cannabis market of Missouri, Cannabis Inc has shown a varied performance across different categories, highlighting its diverse approach to catering to consumer needs. The brand's presence in the 'Tincture & Sublingual' category is notably strong, maintaining a top 10 ranking consistently from December 2023 through March 2024, with a slight fluctuation in rankings (6th to 8th then back to 6th). This consistency in ranking, coupled with a sales increase from 7611 units in December 2023 to 5844 units in March 2024, underscores a stable demand for their products in this category. Conversely, their 'Vapor Pens' category tells a different story, with rankings slipping from 77th in December 2023 to 81st by March 2024, accompanied by a decreasing sales trend from 5758 units to 1816 units in the same period. This indicates challenges in maintaining market share amidst stiff competition in the vapor pens sector.

On the other hand, Cannabis Inc's foray into 'Concentrates' and 'Edibles' in Missouri presents a mixed bag of outcomes. The 'Concentrates' category saw a slight improvement in their rankings, moving from 64th in December 2023 to 59th by February and March 2024, which is a positive sign although they remain outside the top 50 brands. However, the absence of rankings for 'Edibles' in February and March 2024 after being ranked 65th and 67th in December 2023 and January 2024, respectively, suggests a potential decline in market presence or consumer preference shifts that the brand might need to address. This dichotomy in performance across categories could reflect strategic focus areas for Cannabis Inc, or possibly challenges in product distribution or marketing efforts in the highly competitive cannabis market of Missouri.

Mar-2024 Rank
Concentrates
Edible
Tincture & Sublingual
Vapor Pens
59
6
81
Cannabis Inc

Competitive Landscape

In the competitive landscape of the Tincture & Sublingual category in Missouri, Cannabis Inc has experienced a fluctuating position in recent months, indicating a dynamic market environment. Initially ranked 6th in December 2023, Cannabis Inc saw a slight decline to 8th in January 2024, before stabilizing at 7th in February and then improving to 6th in March 2024. This movement reflects a resilience in sales despite facing stiff competition from brands like Amend Cannabis, which consistently held the 4th position with a notable increase in sales, and True State, which jumped from 7th to 5th place, showcasing significant sales growth. Additionally, Illicit / Illicit Gardens demonstrated a remarkable surge, moving from 9th to 5th and then dropping to 8th, underscoring the volatile nature of the market. Meanwhile, Mary's Medicinals showed steady improvement, moving from 8th to 7th. Cannabis Inc's ability to maintain and slightly improve its rank amidst these shifts suggests a solid market presence but highlights the need for strategic initiatives to capture a larger market share and outpace its competitors.

Cannabis Inc market ranking for MO Tincture & Sublingual

Cannabis Inc

Notable Products

In March 2024, Cannabis Inc.'s top-selling product was the Rosin Tincture (100mg THC, 30ml) within the Tincture & Sublingual category, achieving first place with notable sales of 65 units. Following closely was the Extra Strength Rosin Tincture (250mg THC, 30ml), which consistently held the top spot from December 2023 through February 2024 but dropped to second place in March. The TBGuavaG Live Rosin Cartridge (0.5g) from the Vapor Pens category made a significant jump into the top three, despite not being ranked in January and February. The Rainbow Burger Live Rosin (1g) in the Concentrates category maintained its fourth position, showing stable consumer demand. The rankings reveal a significant shift in consumer preferences within Cannabis Inc.'s product line, especially highlighting the growing popularity of the Rosin Tincture (100mg THC, 30ml).

Product Rank
Category
Dec-2023
Jan-2024
Feb-2024
Mar-2024
Rosin Tincture (100mg THC, 30ml)
Tincture & Sublingual
5
3
2
1
Extra Strength Rosin Tincture (250mg THC, 30ml)
Tincture & Sublingual
1
1
1
2
TBGuavaG Live Rosin Cartridge (0.5g)
Vapor Pens
2
>5
>5
3
Rainbow Burger Live Rosin (1g)
Concentrates
>5
>5
4
4
Rosin Extra Strength Tincture (300mg THC, 30ml)
Tincture & Sublingual
3
4
5
4
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