Jun-2024
Sales
Trend
6-Month
Product Count
SKUs
Overview
Market Insights Snapshot
Delighted has shown a mixed performance across different categories and states. In the California market, the brand's Flower category exhibited some fluctuations but maintained a relatively stable presence within the top 20 brands. Specifically, Delighted's ranking moved from 17th in March 2024 to 13th in April, before dropping to 19th in May and then recovering slightly to 17th in June. This indicates a resilient performance in a highly competitive market, despite minor setbacks. However, the Vapor Pens category tells a different story, as Delighted did not make it to the top 30 brands in March and April but saw a significant improvement in May, moving up to 55th place, only to drop again to 63rd in June. This inconsistency suggests that while there is potential for growth, the brand faces challenges in maintaining a steady position in the Vapor Pens market.
Examining the sales figures, Delighted's Flower category in California saw a slight decline from April to June, with sales dipping from approximately $1.85 million in April to around $1.59 million in June. This downward trend could be a cause for concern, indicating potential market saturation or increased competition. On the other hand, the Vapor Pens category experienced a notable peak in May with sales reaching about $260,920, before falling back to $192,076 in June. This spike suggests a momentary surge in popularity, possibly due to a new product launch or promotional activity. Overall, Delighted's varied performance across categories and months highlights the dynamic nature of the cannabis market, underscoring the importance of strategic positioning and consistent brand management.
Competitive Landscape
In the competitive landscape of the California flower category, Delighted has experienced notable fluctuations in rank and sales over recent months. Delighted's rank improved from 17th in March 2024 to 13th in April 2024, before dropping to 19th in May 2024 and recovering slightly to 17th in June 2024. This volatility contrasts with the more stable performance of competitors like Connected Cannabis Co., which maintained a top 15 position throughout the same period, peaking at 9th in April 2024. Similarly, Fig Farms showed consistent rankings between 16th and 18th place. Meanwhile, Ole'4 Fingers and Traditional Co. demonstrated upward trends, with Ole'4 Fingers climbing from 21st in March 2024 to 18th in June 2024, and Traditional Co. moving from 22nd to 19th over the same period. These dynamics suggest that while Delighted has potential for growth, it faces stiff competition from brands with more stable or improving trajectories, highlighting the importance of strategic adjustments to maintain and enhance its market position.
Notable Products
In June 2024, the top-performing product from Delighted was Alien Kush (3.5g), which maintained its rank as number one, achieving a sales figure of 4290. Moonbow 112 IX (3.5g) held steady at the second position, showing a significant recovery from its dip in May 2024. Grape Chillz (3.5g) debuted strongly in the third position with notable sales. Traffic Stopper (3.5g) ranked fourth, experiencing a slight drop from its higher ranks in March and April 2024. Devil's Soap (3.5g) remained consistent in the fifth position, showing a steady increase in sales from the previous months.