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Aug-2024
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Overview
Market Insights Snapshot
Delectable Dabs has shown a consistent and impressive performance in the Washington market, particularly in the Concentrates category. In May 2024, the brand was ranked 5th, and it climbed to 3rd place in June, maintaining this position through August. This upward movement indicates a strengthening presence and growing consumer preference for Delectable Dabs' products. The brand's sales figures also reflect this trend, with a notable increase from $302,550 in May to $347,146 in August. Such consistency in the top rankings highlights Delectable Dabs' effective market strategies and product quality within the state.
While Delectable Dabs excels in Washington, their absence from the top 30 brands in other states and categories could be seen as a missed opportunity or a strategic focus on their strongest market. The lack of presence in other states might suggest either a need for expansion or a deliberate concentration on consolidating their success in Washington. This focused approach could be beneficial in the short term but may limit growth potential if not addressed in the long run. Observing their performance in the coming months will be crucial to understanding whether Delectable Dabs plans to diversify their market presence or continue to fortify their standing in Washington.
Competitive Landscape
In the Washington concentrates market, Delectable Dabs has shown a notable improvement in rank and sales over the past few months. Starting from a rank of 5th in May 2024, Delectable Dabs climbed to 3rd place by June 2024 and maintained this position through August 2024. This upward trend is indicative of strong market performance and growing consumer preference. In comparison, Ooowee has consistently held the top spot, while Forbidden Farms remains steady at 2nd place. Meanwhile, Regulator experienced a decline, dropping from 4th to 5th place over the same period. Another competitor, Tasty Terps, improved from 7th to 4th place, showing a positive trend similar to Delectable Dabs. The consistent rise in rank and sales for Delectable Dabs highlights its increasing market share and competitive edge in the Washington concentrates category.
Notable Products
In August 2024, the top-performing product from Delectable Dabs was Purple Panty Dropper Wax (1g) in the Concentrates category, maintaining its first-place rank with sales of 5229. God's Gift Wax (1g) also held steady in second place, showing an upward trend in sales from previous months. Maui Wowie Wax (1g) remained in third place, continuing its rise from fifth place in June. Tropical Trainwreck Wax (1g) secured the fourth position, although its sales have been slightly declining since May. Blue Steel Wax (1g) entered the rankings in August, debuting in the fifth position.
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.
