Market Insights Snapshot
In the realm of edibles, the cannabis brand Catri has shown a notable performance in the state of Arizona. An interesting trend to note is that while Catri maintained a consistent rank of 22 in the months of June, July, and August 2023, there was a positive shift in September 2023, where the brand moved up to the 19th spot. This upward movement in the rankings indicates a potential increase in market share and consumer preference for Catri's edible products in the Arizona market.
When it comes to sales, Catri has also demonstrated a generally upward trajectory over the observed period. For instance, the brand's sales in August 2023 were approximately $61,923. However, by September 2023, Catri's sales had grown significantly to approximately $80,204. This increase in sales, coupled with the improved ranking, suggests that Catri is gaining traction in the competitive edibles category within the Arizona market. However, it's worth noting that the absence of Catri in the top 20 brands in the previous months indicates a competitive market and the need for continuous performance monitoring.
In the competitive landscape of the Edible category in Arizona, Catri has shown a promising upward trend. Despite not making it into the top 20 in June, July, and August 2023, Catri managed to climb to the 19th rank in September, surpassing competitors such as Select and Lush Edibles who remained outside the top 20. In terms of sales, Catri has also seen a steady increase, indicating a growing consumer preference for the brand. Meanwhile, Pucks experienced a drop in rank from 14th to 17th, despite having higher sales than Catri. Amy & Al's, another competitor, has been consistently in the top 20 but hasn't shown significant movement in rank. Overall, Catri's upward trajectory in both rank and sales suggests a positive outlook for the brand amidst tough competition.
In September 2023, Catri's top-performing products were dominated by the Edible category, with the CBD/THC/CBN/CBG 1:1:1:1 Manzana Platanito Gummies maintaining the top spot, selling 1319 units. The CBD/THC/CBG 1:1:1 Tropic Trio Gummies climbed from 5th place in July to 2nd in September, with a notable increase in sales to 1110 units. The Indica Dulce de Leche Gummies held steady, ranking 3rd in sales. The Hybrid Pina Colada Gummies and Sativa Manzanita Gummies rounded out the top 5, ranking 4th and 5th respectively. This analysis shows a stable market preference for Catri's Edible category, with minor fluctuations in product rankings.