Market Insights Snapshot
In the Maryland market, Eden Solventless has shown a steady improvement in its performance in the Concentrates category. From August to November 2023, the brand climbed from the 16th to the 11th rank, indicating a positive growth trend. While specific sales figures are proprietary, it's worth noting that there was a consistent rise in sales across these months. However, the brand did not make it to the top 20 in the Pre-Roll category in November, suggesting room for improvement in this segment.
On the other hand, Eden Solventless's performance in the Vapor Pens category in Maryland remained relatively static. The brand hovered around the mid-30s in ranking from August to November 2023. Despite this, there was a notable increase in sales during this period, suggesting that the brand's market share in this category might be expanding. However, the brand's ranking in the Pre-Roll category deteriorated over the same period, dropping from 31st to 36th, which could indicate a potential area for strategic focus.
In the Vapor Pens category for Maryland, Eden Solventless has maintained a steady presence in the top 40 brands, with ranks of 38, 36, 35, and 36 from August to November 2023, respectively. This consistency suggests a stable consumer base. However, Eden Solventless faces stiff competition from brands like MPX - Melting Point Extracts, Kind Tree Cannabis, Matter., and Roll One. Notably, MPX - Melting Point Extracts and Roll One have shown significant sales growth, moving into the top 20 brands in September and October. In contrast, Kind Tree Cannabis and Matter. have seen a decline in their rankings over the same period. These shifts in the competitive landscape could impact Eden Solventless's future performance and market share.
In November 2023, Eden Solventless saw notable sales performance in several products. The top-selling product was the Grape Cookies Moroccan Hash (1g) from the Concentrates category, climbing from the second rank in previous months to the first rank with significant sales growth. The Wedding Cheesecake Live Rosin Cartridge (0.5g) from the Vapor Pens category made a strong debut at the second rank. The Forum Cookies Bubble Hash (1g), also in the Concentrates category, improved its ranking from fifth to third. However, the Pebblewreck Live Rosin Disposable (0.3g) from the Vapor Pens category dropped from the first rank in October to the fourth rank in November.