Do Drops

Data Snapshot: Jun 11, 2024
Do Drops Cannabis Brand Logo
$100K+

May-2024

Sales

Neutral

Trend

6-Month

20

Product Count

SKUs

Do Drops

Overview

"Do Drops" is a notable cannabis brand known for its THC-infused edibles, specifically gummies, that comply with both Oregon and federal THC limits, making them safe and accessible to a wide audience. These edibles, derived from cannabis with less than 1% THC, are celebrated for their functionality in everyday life and are part of the burgeoning "Greenhouse of Brands" under Holistic Industries. Despite the dramatic absence of full-spectrum CBD products, "Do Drops" has gained popularity nationwide for its innovative approach to cannabis consumption, offering a selection of taste-friendly flavors suitable for various lifestyles.
Markets

Do Drops Locations

Product Trends

Do Drops Categories

Do Drops Sales

Market Insights Snapshot

Do Drops Historical Sales by Category

Do Drops has shown a varied performance across different states and categories in recent months. In Massachusetts, the brand has not managed to break into the top 30 rankings for the Edible category, with rankings hovering around the 50s. Despite this, there was a noticeable uptick in sales from March to May 2024, indicating potential growth in market penetration or consumer interest. However, the fluctuations in rankings suggest that while sales might be improving, Do Drops still faces stiff competition in this market.

In contrast, Maryland presents a more favorable scenario for Do Drops. The brand has consistently remained within the top 15 rankings in the Edible category, demonstrating a strong foothold in this state. Although there was a slight dip in ranking from April to May 2024, the brand's overall performance in terms of sales has been robust, with only minor fluctuations. This stability in ranking and sales suggests a loyal customer base and effective market strategies in Maryland.

May-2024 Rank
Edible
52
15
Do Drops

Competitive Landscape

In the Maryland edibles market, Do Drops experienced notable fluctuations in its ranking and sales over the past few months. Despite a strong performance in April 2024, where it climbed to the 11th position, Do Drops saw a significant drop to 15th place in May 2024. This decline in rank coincided with a decrease in sales from $329,540 in April to $255,643 in May. In comparison, Dixie Elixirs maintained a relatively stable position, hovering around the 14th and 15th spots, with sales slightly recovering in May. Meanwhile, Evermore Cannabis Company showed a more volatile trend, dropping from 10th in February to 15th in April, but rebounding to 13th in May. Additionally, Jams demonstrated a significant upward trajectory, moving from 25th in February to 16th in May, indicating a growing market presence. These competitive dynamics suggest that while Do Drops has strong potential, it faces stiff competition from both established and emerging brands in Maryland's edibles category.

Do Drops market ranking for MD Edible

Do Drops

Notable Products

In May-2024, the top-performing product from Do Drops was Energy - CBD/CBG/THC 2:2:1 Lemon Citrus Gummies 10-Pack (200mg CBD, 200mg CBG, 100mg THC), maintaining its first-place ranking from April-2024 with sales of 2258 units. Relax - CBD/THC 1:1 Peach Gummies 10-Pack (100mg CBD, 100mg THC) climbed to second place, improving from its fourth-place position in April-2024. Focus - CBG/THC/THCV 1:1:1 Watermelon Gummies 10-Pack (100mg CBG, 100mg THC, 100mg THCV) slipped to third place, down from its second-place ranking in April-2024. Sleep - CBN/THC 1:1 Slumberberry Gummies 10-Pack (100mg CBN, 100mg THC) dropped to fourth place, continuing its decline from first place in February-2024. Relief - CBG/THC 4:1 Pineapple Ginger Gummies 10-Pack (400mg CBG, 100mg THC) remained in fifth place, consistent with its April-2024 ranking.

Product Rank
Category
Feb-2024
Mar-2024
Apr-2024
May-2024
Energy - CBD/CBG/THC 2:2:1 Lemon Citrus Gummies 10-Pack (200mg CBD, 200mg CBG, 100mg THC)
Edible
5
2
1
1
Relax - CBD/THC 1:1 Peach Gummies 10-Pack (100mg CBD, 100mg THC)
Edible
4
>5
4
2
Focus - CBG/THC/THCV 1:1:1 Watermelon Gummies 10-Pack (100mg CBG, 100mg THC, 100mg THCV)
Edible
2
3
2
3
Sleep - CBN/THC 1:1 Slumberberry Gummies 10-Pack (100mg CBN, 100mg THC)
Edible
1
1
3
4
Relief - CBG/THC 4:1 Pineapple Ginger Gummies 10-Pack (400mg CBG, 100mg THC)
Edible
3
>5
5
5
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