Market Insights Snapshot
Beginning in the state of Missouri, Clouds Vapes has shown a significant upward trend in the Vapor Pens category. From a ranking of 31 in August 2023, the brand made a substantial leap to 17 in September, finally settling at 15 by October. This improvement in ranking, despite not being in the top 20 in July and August, indicates a notable increase in the brand's popularity and market performance. The exact sales figures will not be disclosed here, but it's safe to say that there was a considerable growth in sales corresponding with the rise in rankings.
While the exact reasons for this surge are beyond the scope of this analysis, it's clear that Clouds Vapes is making significant strides in the Missouri market. The brand's ability to climb the ranks in such a short span, especially in a competitive category like Vapor Pens, is commendable. However, it's important to remember that maintaining this momentum will be crucial for Clouds Vapes to secure its position among the top brands in the state. The performance in the coming months will be worth watching for anyone interested in the cannabis industry.
Competitive Landscape
In the Vapor Pens category for Missouri, Clouds Vapes has shown a significant upward trend in rank from July to October 2023, moving from 29th to 15th. This improvement in rank is indicative of a positive growth in sales, outperforming several competitors. Notably, Ostara Cannabis maintained a steady rank around the 12th to 14th position, while Buoyant Bob saw a slight decline, moving from 13th to 16th. Wavelength Extracts experienced a fluctuation in rank, peaking at 11th in August and settling at 13th in October. Interestingly, Show Me, despite not being in the top 20 in July, made a remarkable leap to 17th position by October. Despite these competitive dynamics, Clouds Vapes' consistent rise in rank demonstrates a strong competitive position in the Missouri Vapor Pens market.
Notable Products
In October 2023, the top-performing product from Clouds Vapes was the 'Cherry Pie Canna Terp Distillate Cartridge (1g)' in the Vapor Pens category, with sales reaching a high of 1439 units. Following close behind in second place was the 'Watermelon Mimosa Distillate Cartridge (1g)', also in the Vapor Pens category, with a total of 1150 units sold. The 'Lemon Cake Distillate Cartridge (1g)' secured the third spot with 1144 units sold. Notably, the 'LA Confidential Distillate Cartridge (1g)' moved up from fifth place in September to fourth in October, selling 1001 units. However, the 'Berry Runtz Canna Terp Distillate Cartridge (1g)' experienced a drop in ranking, moving from second place in September to fifth in October, with 963 units sold.