Equity Extracts

Data Snapshot: Apr 04, 2024
Equity Extracts Cannabis Brand Logo
$100K+

Mar-2024

Sales

Strong Growth

Trend

6-Month

27

Product Count

SKUs

Equity Extracts

Overview

Markets

Equity Extracts Locations

Product Trends

Equity Extracts Categories

Equity Extracts Sales

Market Insights Snapshot

Equity Extracts Historical Sales by Category

In the competitive cannabis market of Maryland, Equity Extracts has shown a noteworthy performance in both the Concentrates and Vapor Pens categories. In the Concentrates category, the brand has made impressive strides, climbing from a rank of 31 in December 2023 to 22 by March 2024, which indicates a strong upward trend and growing market presence. This movement is particularly significant considering the brand was not within the top 30 brands in the early months, highlighting a remarkable improvement in market share and consumer preference. The sales figures support this trend, with a notable increase from $1,380 in December 2023 to $13,542 by March 2024, showcasing a substantial growth in revenue within this category.

Similarly, in the Vapor Pens category, Equity Extracts has maintained a stable performance, fluctuating slightly but showing resilience by remaining within the top 30 brands from December 2023 through March 2024. The rankings dipped slightly in February 2024 but recovered by March 2024, moving from 28th to 25th place. This resilience is indicative of the brand's solid standing and consistent demand among consumers in the Maryland market. The sales trajectory in this category also presents an interesting narrative, with a significant jump in sales to $105,374 by March 2024, despite earlier fluctuations. This suggests that while the brand faced challenges, it has managed to not only retain its customer base but also expand it, further cementing its position in the competitive landscape of the Maryland cannabis market.

Mar-2024 Rank
Concentrates
Vapor Pens
22
25
Equity Extracts

Competitive Landscape

In the competitive landscape of the Vapor Pens category in Maryland, Equity Extracts has shown a notable trajectory in terms of rank and sales over the recent months. Initially ranked 28th in December 2023, Equity Extracts has made a significant leap to the 25th position by March 2024, indicating a positive trend in its market presence. This upward movement is particularly impressive when compared to its competitors. For instance, Verano, which was ranked 19th in December, has seen a decline to 24th by March. Similarly, 1937 and Modern Flower have also experienced drops in their rankings, moving to 26th and 27th positions respectively. On the other hand, Legend (MD) has shown resilience, improving its rank from 23rd to 23rd over the same period. Equity Extracts' performance, especially in terms of sales growth from February to March 2024, suggests a strengthening position within the market, potentially driven by strategic marketing efforts or product innovations that resonate well with consumers. This trend, if sustained, could see Equity Extracts challenging closer competitors and improving its market share in the competitive Maryland Vapor Pens category.

Equity Extracts market ranking for MD Vapor Pens

Equity Extracts

Notable Products

In March 2024, Equity Extracts saw the Pineapple OG Distillate Cartridge (0.5g) lead their sales, ranking first with 708 units sold, marking its debut in the rankings. Following closely, the Blueberry AK Distillate Cartridge (0.5g) secured the second position, also making its first appearance in the monthly sales ranking. The Grape Ape Distillate Cartridge (0.5g) improved its standing from fifth in December 2023 to third in March 2024, showcasing a notable upward trend in its popularity. The Strawberry Diesel Distillate Cartridge (0.5g), previously ranked fourth in December 2023, maintained its position in March 2024, indicating consistent demand. Lastly, the Cookies and Cream Distillate Cartridge (0.5g) entered the rankings at fifth place, rounding out the top-performing products for Equity Extracts in the specified month.

Product Rank
Category
Dec-2023
Jan-2024
Feb-2024
Mar-2024
Pineapple OG Distillate Cartridge (0.5g)
Vapor Pens
>5
>5
>5
1
Blueberry AK Distillate Cartridge (0.5g)
Vapor Pens
>5
>5
>5
2
Grape Ape Distillate Cartridge (0.5g)
Vapor Pens
5
>5
>5
3
Strawberry Diesel Distillate Cartridge (0.5g)
Vapor Pens
4
>5
>5
4
Cookies and Cream Distillate Cartridge (0.5g)
Vapor Pens
>5
>5
>5
5
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