Dec-2024
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Overview
Market Insights Snapshot
Drink Loud has shown varying performance across different states in the beverage category, with notable movements in rankings and sales figures. In California, the brand maintained a steady presence, slightly improving its rank from 22nd to 21st between September and October 2024. However, the absence of rankings in November and December suggests that Drink Loud did not remain within the top 30 brands in the state for those months, which could be a point of concern for their market presence. In contrast, Illinois showed a positive trend, with Drink Loud climbing from 15th to 13th place from October to December, indicating a strengthening foothold in the market. This upward trend is accompanied by a significant increase in sales, highlighting a growing consumer interest in the brand.
In Massachusetts, Drink Loud experienced fluctuating rankings, initially holding the 13th position in September and October, dropping to 14th in November, but then making an impressive leap to 9th in December. This movement suggests a resilient comeback, possibly driven by seasonal demand or successful marketing strategies. Meanwhile, Missouri presented a different scenario where Drink Loud consistently held the 2nd position from September through November before experiencing a significant drop to the 6th position in December. This decline could be attributed to increased competition or market saturation. In Nevada, Drink Loud maintained a stable performance, consistently ranking 4th from October to December, despite a slight dip in sales in the final month of the year. This stability could indicate a loyal customer base or effective distribution strategies in the region.
Competitive Landscape
In the Nevada beverage category, Drink Loud has shown a consistent performance, maintaining its 4th place rank from October to December 2024, after climbing from 5th in September. This stability in ranking suggests a solid market presence, although it remains behind Keef Cola and HaHa, which have been trading places between the 2nd and 3rd spots. Notably, Uncle Arnie's has fluctuated between 4th and 6th place, indicating potential volatility that Drink Loud has managed to avoid. Despite the competitive pressure, Drink Loud's sales saw a peak in November before a slight dip in December, suggesting a need to strategize for maintaining momentum against the top competitors. Meanwhile, High Heads consistently trailed Drink Loud, indicating a clear gap between the two brands in terms of market performance.
Notable Products
In December 2024, Drink Loud's top-performing product was the Pink Lemonade Live Rosin Potion Shot (100mg), which rose to the number one spot with sales of 3,948 units, surpassing its previous ranks of third and second in September and October, respectively. The Maui Blast Potion Shot (100mg) slipped to second place after holding the top rank for two consecutive months in October and November. Chill - THC/CBN 10:1 Kush Berry Shot (100mg THC, 10mg CBN) maintained a strong presence, ranking third in December following a second-place finish in November. The Cucumber Haze Potion Live Rosin Fast Acting Nano Shot (100mg) remained consistently in fourth place throughout the last four months. Maui Blast Gummies 10-Pack (100mg) held steady in fifth place, showing little fluctuation in its ranking over the months.
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.