ELXR Extracts

Data Snapshot: Apr 04, 2024
ELXR Extracts Cannabis Brand Logo
$50K+

Mar-2024

Sales

Decline

Trend

6-Month

24

Product Count

SKUs

ELXR Extracts

Overview

Markets

ELXR Extracts Locations

Product Trends

ELXR Extracts Categories

ELXR Extracts Sales

Market Insights Snapshot

ELXR Extracts Historical Sales by Category

In the competitive cannabis market of Ohio, ELXR Extracts has shown varied performance across different product categories. In the concentrates category, their ranking fluctuated slightly over the past few months, moving from 34th in December 2023 to 32nd in March 2024. While not breaking into the top 30, this upward movement in March suggests a positive trend, albeit modest. On the other hand, their edible products have seen a significant improvement, jumping from 32nd in December 2023 to an impressive 19th by March 2024. This leap, underscored by a substantial increase in sales from 22,683 in December 2023 to 57,788 in March 2024, highlights ELXR Extracts' growing prominence and consumer acceptance in the edibles market within Ohio.

The brand's performance in the vapor pens category, however, tells a different story. Despite a consistent presence, ELXR Extracts struggled to climb the ranks, hovering around the high 30s from December 2023 through March 2024. Specifically, they maintained a position at 39th in both February and March 2024, indicating a potential area for growth or reevaluation. This steadiness, juxtaposed with the absence of significant rank improvement, could suggest market saturation or intense competition within the vapor pens sector. While ELXR Extracts has demonstrated capability in enhancing its market position, particularly in edibles, the vapor pens category remains a challenging frontier that could benefit from strategic focus and innovation to capture consumer interest more effectively in Ohio's evolving cannabis landscape.

Mar-2024 Rank
Concentrates
Edible
Vapor Pens
32
19
39
ELXR Extracts

Competitive Landscape

In the competitive landscape of the edible category within the Ohio market, ELXR Extracts has shown a notable upward trajectory in terms of rank and sales, despite not being in the top 20 brands until March 2024. Starting from a position well outside the top contenders in December 2023, ELXR Extracts made a significant leap to the 19th rank by March 2024, indicating a strong recovery and growing consumer interest. This contrasts with the performance of its competitors, such as The Botanist, which maintained a steady rank around 17th place, and Klutch Cannabis, which saw a slight improvement moving from 20th to 18th rank. Meanwhile, Chew & Chill (C & C) and Eden's Trees experienced fluctuations but remained within the 20th rank vicinity. ELXR Extracts' remarkable rank ascension, particularly from February to March 2024, alongside a significant sales increase, positions it as a brand with potential for further growth and competitiveness in the Ohio edibles market.

ELXR Extracts market ranking for OH Edible

ELXR Extracts

Notable Products

In Mar-2024, ELXR Extracts saw the Electric Peanut Butter Cookie Gummies 22-Pack (880mg) leading their sales with 276 units sold, marking its debut at the top position. Following closely, the Blueberry Cookies Distillate CO2 Luster Pod (0.84g), a consistent top performer, ranked second after being first in both Dec-2023 and Jan-2024, and third in Feb-2024. The Blueberry Cookies Gummies 22-Pack (880mg) maintained its third position from Feb-2024, showing stable consumer demand in the Edibles category. The Astral Destiny Distillate Luster Pod (0.84g) experienced a slight improvement, moving up to the fourth rank in Mar-2024 from its previous fourth position in Feb-2024, indicating a steady interest in this product. Lastly, the Second Breakfast Distillate Luster Pod (0.84g) entered the rankings at fifth place, highlighting the dynamic shifts and preferences in the Vapor Pens category.

Product Rank
Category
Dec-2023
Jan-2024
Feb-2024
Mar-2024
Electric Peanut Butter Cookie Gummies 22-Pack (880mg)
Edible
>5
>5
>5
1
Blueberry Cookies Distillate CO2 Luster Pod (0.84g)
Vapor Pens
1
1
3
2
Blueberry Cookies Gummies 22-Pack (880mg)
Edible
>5
>5
3
3
Astral Destiny Distillate Luster Pod (0.84g)
Vapor Pens
5
2
4
4
Second Breakfast Distillate Luster Pod (0.84g)
Vapor Pens
>5
>5
>5
5
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