Encore Edibles

Data Snapshot: Jun 11, 2024
Encore Edibles Cannabis Brand Logo
$1M+

May-2024

Sales

Neutral

Trend

6-Month

184

Product Count

SKUs

Encore Edibles

Overview

Known for its high-quality, handcrafted cannabis-infused edibles, Encore Edibles offers an array of tantalizing products including gummies, hard candies, mints, and chocolates. Customers can choose from an assortment of formats, doses, and cannabinoid ratios, all designed to elevate one's palate and curated by skilled culinary artisans. The brand prides itself on its commitment to being a human-centered cannabis company.
Markets

Encore Edibles Locations

Product Trends

Encore Edibles Categories

Encore Edibles Sales

Market Insights Snapshot

Encore Edibles Historical Sales by Category

Encore Edibles has shown a strong and consistent performance in the Illinois market, maintaining a steady rank of 4th place in the Edible category from February through May 2024. This stability is mirrored by a general upward trend in sales, peaking in March before a slight dip in April and a subsequent recovery in May. In contrast, the brand's performance in Massachusetts has been less dynamic, consistently ranking at 15th place over the same period. Despite this static ranking, sales figures have remained relatively stable, indicating a loyal customer base but limited market penetration.

In Maryland, Encore Edibles experienced notable fluctuations, starting strong with a 1st place ranking in February before dropping to 3rd in March, and then stabilizing at 2nd place in April and May. This variability suggests competitive pressures in the market but also highlights the brand's resilience. In Nevada, the brand's rank fell from 6th to 7th place by May, accompanied by a downward trend in sales, indicating potential challenges in maintaining market share. Meanwhile, in Ohio, Encore Edibles has shown an overall positive trajectory, moving back and forth between 4th and 5th place but ending strong with a significant sales increase in May. This suggests growing consumer interest and effective market strategies in the region.

May-2024 Rank
Edible
4
15
2
7
4
Encore Edibles

Competitive Landscape

In the competitive landscape of the Illinois edible cannabis market, Encore Edibles consistently holds the fourth rank from February to May 2024. Despite maintaining a stable position, Encore Edibles faces stiff competition from brands like Wana and Wyld, which have secured the second and third ranks respectively during the same period. Notably, Wana has shown a significant upward trend in sales, peaking at over $2.2 million in April 2024, while Encore Edibles' sales fluctuated between $1.5 million and $1.7 million. This indicates that while Encore Edibles has a solid foothold, there is room for growth to catch up with the higher-ranked competitors. Additionally, Ozone and Camino are also noteworthy competitors, with Camino showing a promising rise from the seventh to the sixth rank by May 2024. This competitive analysis suggests that while Encore Edibles is a strong player, strategic initiatives could help boost its market share and sales in the dynamic Illinois edible cannabis market.

Encore Edibles market ranking for IL Edible

Encore Edibles

Notable Products

In May-2024, the top-performing product for Encore Edibles was the Sativa Tropical Mango RSO Gummies 10-Pack (100mg), which climbed from third place in April to first place with sales of 14,203 units. The Indica Concord Grape RSO Gummies 10-Pack (100mg) dropped to second place, despite maintaining the top rank in both March and April. Indica Sweet Berry Burst Gummies 10-Pack (100mg) consistently held the third rank from February to April and remained in the same position in May. The Sour Black Cherry RSO Gummies 10-Pack (100mg) stayed steady at fourth place from March through May. The THC/CBN 2:1 Sweet Pomegranate Punch Gummies 10-Pack (100mg THC, 50mg CBN) also maintained its fifth-place ranking in May, showing a slight increase in sales compared to April.

Product Rank
Category
Feb-2024
Mar-2024
Apr-2024
May-2024
Sativa Tropical Mango RSO Gummies 10-Pack (100mg)
Edible
2
3
3
1
Indica Concord Grape RSO Gummies 10-Pack (100mg)
Edible
3
1
1
2
Indica Sweet Berry Burst Gummies 10-Pack (100mg)
Edible
1
2
2
3
Sour Black Cherry RSO Gummies 10-Pack (100mg)
Edible
>5
4
4
4
THC/CBN 2:1 Sweet Pomegranate Punch Gummies 10-Pack (100mg THC, 50mg CBN)
Edible
4
>5
5
5
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