Market Insights Snapshot
Fazed, a notable cannabis brand, has shown impressive performance in the Tincture & Sublingual category in Arizona. The brand's ranking has seen a positive trend from July to October 2023. In July, Fazed was ranked 7th, but by October, it had moved up to the 4th spot. This upward trajectory in ranking indicates a growing popularity and market acceptance. However, it's important to note that there was a minor slip in September where the brand fell to the 9th position. But, they quickly bounced back the following month, which is a testament to the brand's resilience.
When we look at the sales data, Fazed has demonstrated a strong performance in the same period. While the exact figures cannot be disclosed, the brand experienced a significant increase in sales from July to October 2023. The highest sales were recorded in October, which coincides with the brand's highest ranking. However, a slight dip in sales was observed in September, which aligns with the drop in ranking. This correlation between sales and ranking highlights the competitive nature of the Tincture & Sublingual category in Arizona and the need for brands to constantly innovate and stay ahead of the curve.
In the Tincture & Sublingual category in Arizona, Fazed has shown a remarkable competitive edge over the past few months. Despite a dip in rank in September 2023, Fazed made a significant leap to the 4th position in October 2023. This indicates a strong recovery and growth trend, outperforming other brands such as THC Living and CBD Wellness. However, Fazed still trails behind top-ranking brands like Tru Infusion and Chronic Health. It's worth noting that Fazed's sales have been increasing, suggesting a growing consumer preference for their products. The missing rank for Fazed in some months indicates that they were not in the top 20 brands for the Tincture & Sublingual category in Arizona during those months.
In October 2023, the top-performing products from Fazed were the Peppermint Spray (100mg) and the Orange Spray (100mg), both belonging to the Tincture & Sublingual category. The Peppermint Spray maintained its position as the top-selling product, with sales peaking at 830 units, while the Orange Spray held steady at the second spot. However, the gap between the two products narrowed significantly compared to previous months. In terms of their rankings, both products have consistently held the top two positions since July 2023, with the Peppermint Spray overtaking the Orange Spray in August. This data suggests a strong market preference for these two products in the Tincture & Sublingual category.