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Jun-2024
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Overview
Market Insights Snapshot
In the state of Oregon, Cannabis Nation INC has shown varied performance across different product categories. In the Concentrates category, the brand has consistently ranked outside the top 30, with a slight improvement from 60th place in May 2024 to 53rd place in June 2024. This indicates a positive trend, albeit from a lower ranking. On the other hand, the Flower category has seen more competitive positioning, with Cannabis Nation INC holding the 13th spot in April 2024, though it slipped to 21st by June 2024. This fluctuation suggests a dynamic market presence in the Flower segment, which remains one of their stronger areas.
The Pre-Roll and Vapor Pens categories tell a different story. In Pre-Rolls, Cannabis Nation INC has struggled to maintain a top 30 position, with rankings dropping from 42nd in April 2024 to 53rd in June 2024. This downward trend could be a point of concern for the brand. Similarly, in the Vapor Pens category, the brand has not broken into the top 30, hovering around the mid-50s range. Despite a brief improvement to 53rd place in April 2024, the brand's performance remains relatively stagnant. These insights highlight areas where Cannabis Nation INC could potentially focus on improving its market strategy to gain a stronger foothold.
Competitive Landscape
In the competitive landscape of the Oregon flower category, Cannabis Nation INC has shown fluctuating performance in recent months, which could impact its market positioning and sales strategy. In March 2024, Cannabis Nation INC was ranked 17th, improving to 13th in April, but then dropping to 16th in May and further to 21st in June, indicating a volatile trend. This fluctuation contrasts with the more stable performance of competitors like Cosmic Treehouse, which maintained a consistent rank around 18th to 20th, and Herbal Dynamics, which saw a significant improvement from 27th to 20th over the same period. Frontier Farms and Garden First also showed varying ranks but did not exhibit the same level of volatility as Cannabis Nation INC. These dynamics suggest that while Cannabis Nation INC has the potential to climb the ranks, it faces stiff competition and must stabilize its performance to secure a more consistent market position.
Notable Products
In June 2024, the top-performing product for Cannabis Nation INC was Island Sweet Skunk Pre-Roll 2-Pack (1g), which achieved the highest sales figure of 1765 units. GMO (Bulk) moved from the top rank in April and May to the second position in June, indicating a slight decline in its dominance. Chocolate Thai (Bulk) secured the third spot for the month, followed closely by Orange Gas Mints (Bulk) in fourth place. LA Kush Cake Pre-Roll (0.5g) re-entered the rankings in June, landing in the fifth position, having previously been ranked third in March. These shifts highlight a dynamic market with changing preferences among consumers.
Top Selling Cannabis Brands
