Jun-2024
Sales
Trend
6-Month
Product Count
SKUs
Overview
Market Insights Snapshot
Fade Co. has shown significant performance across various categories and states, with notable movements in both Arizona and Maryland. In Arizona, the brand has demonstrated a strong upward trend in the Flower category, moving from a rank of 40 in March 2024 to an impressive 18 by June 2024. This upward trajectory is indicative of growing consumer preference and market penetration. However, in the Vapor Pens category, while the brand was present in the top 30 rankings from March to May, it did not secure a position in June, suggesting a potential area for improvement or increased competition within that segment.
In Maryland, Fade Co. has maintained a dominant position in the Flower category, consistently holding the top rank from March to May 2024, before slightly dropping to the second position in June. This slight decline might indicate emerging competition or seasonal variations in consumer preferences. Furthermore, in the Pre-Roll category, the brand has shown a steady improvement, climbing from the sixth rank in March to the fourth rank in June. Interestingly, in the Vapor Pens category, Fade Co. only appeared in the top 30 in May, securing the 22nd position, which highlights a potential growth opportunity in this segment. These trends suggest that while Fade Co. maintains strongholds in certain categories, there are also areas where strategic efforts could enhance their market presence.
Competitive Landscape
In the competitive landscape of the Maryland flower category, Fade Co. has demonstrated strong performance, holding the top rank from March to May 2024 before dropping to the second position in June 2024. This shift in rank is notable as it indicates a potential challenge from SunMed, which ascended to the first position in June after fluctuating between the second and third ranks in the preceding months. Despite this, Fade Co. maintained a significant lead in sales over competitors like Rythm and District Cannabis, who showed variable rankings and sales figures. The competitive dynamics suggest that while Fade Co. has been a dominant player, the rise of SunMed and the consistent performance of other brands could impact its market share and necessitate strategic adjustments to regain the top position.
Notable Products
In June 2024, Super Boof (3.5g) maintained its position as the top-performing product for Fade Co., with sales reaching 8,911 units. Mule Fuel (3.5g) climbed back to the second spot, showing a steady increase from its third-place ranking in May. Banana Zoap (3.5g) secured the third position, marking its return to the top three after a brief absence. The Super Boof Pre-Roll 2-Pack (1g) debuted in the fourth spot with notable sales of 5,632 units. Hash Burger (3.5g) dropped one spot to fifth place, experiencing a decline in sales compared to the previous month.