Dec-2024
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Overview
Market Insights Snapshot
In the state of Nevada, Cannavative has shown notable fluctuations across different cannabis categories. In the Pre-Roll category, their rankings oscillated over the months, starting at 16th in September 2024 and improving to 14th by December 2024, despite a dip to 20th in October. This improvement in rank suggests a positive reception in the market towards the end of the year. On the other hand, their performance in the Vapor Pens category displayed a different trend. Cannavative started strong in September, ranking 10th, peaked at 7th in October, but then slipped to 12th in November before recovering to 9th in December. This indicates a competitive and dynamic market environment for Vapor Pens in Nevada, where Cannavative is maintaining a solid presence.
It's important to note that Cannavative's absence from the top 30 brands in any other state or province highlights a potential area for growth and expansion beyond Nevada. Their concentrated efforts in Nevada seem to be paying off, particularly in the Pre-Roll category where they ended the year on a high note. However, the variability in their Vapor Pens rankings suggests that while they are competitive, there is room for further strengthening their market position. Understanding the factors behind these movements could provide valuable insights for Cannavative as they strategize future growth and market penetration.
Competitive Landscape
In the Nevada Vapor Pens category, Cannavative experienced a dynamic shift in its competitive standing from September to December 2024. Starting at rank 10 in September, Cannavative climbed to 7th place in October, only to drop to 12th in November before recovering to 9th in December. This fluctuation in rank reflects the competitive pressures from brands like AiroPro and City Trees, which consistently performed well, with City Trees notably jumping from 12th in September to 5th in October. Despite Cannavative's sales peaking in October, the brand faced a significant dip in November, indicating potential challenges in maintaining momentum against competitors. Meanwhile, INDO and Medizin demonstrated steady improvements, with INDO moving from 15th to 10th by December. These trends suggest that while Cannavative remains a strong contender, it must strategize effectively to sustain its market position amidst the rising performance of its competitors in the Nevada market.
Notable Products
In December 2024, Cannavative's top-performing product was the Resin8 Blueberry Distillate Cartridge (0.8g) in the Vapor Pens category, maintaining its first-place position from September and November with sales reaching 2021 units. The Resin8 Apple Jack Distillate Cartridge (0.8g) climbed to the second position, improving from its consistent third-place ranking in previous months. The Resin8 Raspberry Distillate Cartridge (0.8g) secured the third spot, slipping slightly from its second-place rank in November. The Resin8 Peach Distillate Cartridge (0.8g) held steady at fourth place, showing a slight increase in sales compared to November. Finally, the Resin8 Sunset Sherbet Distillate Cartridge (0.8g) re-entered the rankings at fifth place, reflecting a resurgence in popularity.
Top Selling Cannabis Brands
Data for this report comes from real-time sales reporting by participating cannabis retailers via their point-of-sale systems, which are linked up with Headset’s business intelligence software. Headset’s data is very reliable, as it comes digitally direct from our partner retailers. However, the potential does exist for misreporting in the instance of duplicates, incorrectly classified products, inaccurate entry of products into point-of-sale systems, or even simple human error at the point of purchase. Thus, there is a slight margin of error to consider. Brands listed on this page are ranked in the top twenty within the market and product category by total retail sales volume.