Cannavis Syrup

Data Snapshot: May 05, 2024
Cannavis Syrup Cannabis Brand Logo
$100K+

Apr-2024

Sales

Neutral

Trend

6-Month

34

Product Count

SKUs

Cannavis Syrup

Overview

Founded in 2013, Cannavis is a distinguished California-based cannabis manufacturer, known for pioneering the production of THC-infused syrup tinctures. Earning the moniker of "America's Favorite Syrup," Cannavis continuously innovates within the regulated cannabis market, serving a range of distinctive, high-quality syrups designed to cater to diverse preferences and requirements. However, it should be noted that their THC syrup, akin to marijuana edibles, requires understanding on the part of consumers about the implications of increased use of these edible cannabis products.
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Cannavis Syrup Locations

Product Trends

Cannavis Syrup Categories

Cannavis Syrup Sales

Market Insights Snapshot

Cannavis Syrup Historical Sales by Category

In the competitive cannabis market of California, Cannavis Syrup has shown a consistent presence within the top 15 brands in the Beverage category over the first four months of 2024. Starting the year at rank 14 in January, it experienced a slight dip to 15th place in February, before climbing up to 12th in March and settling back at 14th in April. This fluctuation in rankings indicates a resilient performance amidst fierce competition, with March showcasing a notable peak in its market position. The sales data reflects a corresponding trend, with a significant increase in March to 138,453 dollars, suggesting a successful period of consumer engagement or strategic marketing efforts during this time. The slight decrease in April's rank, despite maintaining substantial sales, hints at the dynamic nature of the market and possibly increased activity from competitors.

While the provided data focuses solely on Cannavis Syrup's performance in California, the absence of information from other states or provinces may either suggest a concentrated market strategy or a missed opportunity for expansion. The brand's consistent ranking within the top 15, but not breaking into the top 10, underscores a stable yet challenging position within the Beverage category. This performance trajectory invites speculation on potential growth strategies, such as product diversification or geographic expansion, that Cannavis Syrup could employ to capitalize on its established market presence. The specific sales figures, peaking in March, offer a glimpse into the brand's financial health and market demand, yet the overall picture remains incomplete without comparative data from other regions or a broader analysis of market trends affecting its category statewide.

Apr-2024 Rank
Beverage
14
Cannavis Syrup

Competitive Landscape

In the competitive landscape of the cannabis beverage category in California, Cannavis Syrup has shown a fluctuating performance in terms of rank and sales from January to April 2024. Initially ranked 14th in January, it experienced a slight dip to 15th in February, before climbing to 12th in March, and settling back to 14th in April. This indicates a volatile market position relative to its competitors. Notably, Sip Elixirs, which was ranked lower than Cannavis Syrup in January and February, surpassed it by April, securing the 12th spot with a significant increase in sales. Conversely, Keef Cola and CQ (Cannabis Quencher) maintained higher ranks throughout these months but showed a downward trend in sales, with Keef Cola experiencing a notable drop by April. Kikoko remained relatively stable in its lower rank, indicating a consistent market presence albeit below Cannavis Syrup. These dynamics suggest that while Cannavis Syrup has faced challenges in maintaining a steady upward trajectory, the shifting ranks and sales of its competitors highlight a highly competitive and fluid market environment.

Cannavis Syrup market ranking for CA Beverage

Cannavis Syrup

Notable Products

In April 2024, Cannavis Syrup's top product was the Watermelon Extra Strength Syrup 2-Pack (1000mg THC, 6.7oz), maintaining its number one rank from the previous months with sales reaching 481 units. Following in second place was the Tropical Punch Syrup (500mg), a new entry in the rankings for April, showcasing a significant demand with 295 units sold. The Grape Extra Strength Syrup 2-Pack (1000mg THC, 4oz) climbed to the third spot from its previous fourth position in March, indicating a growing preference among consumers. The Mango Extra Strength Syrup 2-Pack (1000mg) slipped from second to fourth place, reflecting a slight shift in consumer choices. Lastly, the Blueberry Extra Strength Syrup (500mg THC, 2oz) entered the rankings at fifth position, rounding out the top five products for Cannavis Syrup in April.

Product Rank
Category
Jan-2024
Feb-2024
Mar-2024
Apr-2024
Watermelon Extra Strength Syrup 2-Pack (1000mg THC, 6.7oz)
Beverage
1
1
1
1
Tropical Punch Syrup (500mg)
Beverage
>5
>5
>5
2
Grape Extra Strength Syrup 2-Pack (1000mg THC, 4oz)
Beverage
>5
>5
4
3
Mango Extra Strength Syrup 2-Pack (1000mg)
Beverage
3
3
2
4
Blueberry Extra Strength Syrup (500mg THC, 2oz)
Beverage
>5
>5
>5
5
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