.svg){kind=small}
Aug-2024
Sales
Trend
6-Month
Product Count
SKUs
Overview
Market Insights Snapshot
Emerald Bay Extracts has shown a mixed performance across different categories and states in recent months. In the Capsules category within California, the brand experienced a decline in rankings, moving from the 3rd position in May 2024 to the 5th position by August 2024. This downward trend is also reflected in their sales figures, which dropped from $802,088 in May to $494,732 in August. Such a decline indicates potential challenges in maintaining market share within this category, despite a strong starting position earlier in the year.
Conversely, Emerald Bay Extracts has shown significant improvement in the Concentrates category in California. The brand jumped from the 36th position in May 2024 to break into the top 10 by August 2024, ranking 10th. This upward trajectory is supported by a notable increase in sales, from $109,084 in May to $296,300 in August. The strong performance in this category suggests a growing consumer preference for their products and effective market strategies. However, it is worth noting that Emerald Bay Extracts did not rank in the top 30 brands in other categories or states, which could highlight areas for potential growth or concern.
Competitive Landscape
In the competitive landscape of the California cannabis capsules market, Emerald Bay Extracts has experienced notable fluctuations in its rank and sales over the past few months. Starting at rank 3 in May 2024, Emerald Bay Extracts saw a decline to rank 5 by August 2024. This downward trend in rank coincides with a significant drop in sales from $802,088 in May to $494,732 in August. In contrast, ABX / AbsoluteXtracts and Kikoko have shown more stable or improving performance. ABX / AbsoluteXtracts improved its rank from 4 to 3, with a corresponding increase in sales, while Kikoko maintained a strong presence, fluctuating between ranks 3 and 4 but consistently achieving higher sales figures than Emerald Bay Extracts. Meanwhile, Buddies and Huxleys remained stable at ranks 6 and 7, respectively, with relatively lower sales. These trends suggest that while Emerald Bay Extracts remains a significant player, it faces stiff competition from brands like ABX / AbsoluteXtracts and Kikoko, which are gaining traction and potentially capturing more market share.
Notable Products
In August 2024, the top-performing product from Emerald Bay Extracts was Ice Cream Cake RSO Syringe (1g) in the Concentrates category, maintaining its top rank from July with impressive sales of $4179. Blue Dream RSO Tablets 40-Pack (1000mg) in the Capsules category held steady at the second position, while Blue Dream RSO Syringe (1g) climbed to third place from fourth in July. CBG White RSO Tablets 40-Pack (1000mg CBG) saw a slight improvement, moving up to fourth place from fifth in July. Mendo Crumble RSO Syringe (1g) entered the top five for the first time, securing the fifth rank.
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.
