FloraVega / Welleaf

Data Snapshot: May 04, 2024
FloraVega / Welleaf Cannabis Brand Logo
$100K+

Apr-2024

Sales

Strong Growth

Trend

6-Month

36

Product Count

SKUs

FloraVega / Welleaf

Overview

Markets

FloraVega / Welleaf Locations

Product Trends

FloraVega / Welleaf Categories

FloraVega / Welleaf Sales

Market Insights Snapshot

FloraVega / Welleaf Historical Sales by Category

In the competitive cannabis market of Nevada, FloraVega / Welleaf has shown a notable performance within the Flower category, demonstrating a consistent upward trend in its ranking over the first four months of 2024. Starting at a rank of 18 in January, the brand improved its standing to 11 by April, an impressive climb that suggests a growing consumer preference and market share. This performance is mirrored in their sales figures, which saw a significant increase from $334,445 in January to $464,729 in April. Such a trend not only highlights FloraVega / Welleaf's strengthening position in the Flower category but also indicates a potential for leading the market if the growth continues.

However, the brand's journey in the Pre-Roll category tells a different story. Despite a brief improvement in February, moving from a rank of 64 in January to 48, FloraVega / Welleaf struggled to maintain this momentum, falling back to a rank of 64 in March and eventually dropping out of the top 30 rankings by April. This fluctuation in rankings, coupled with the absence from the top rankings in April, suggests a challenge in capturing a significant share of the Pre-Roll market in Nevada. The sales figures in this category, although showing an increase from January to February, were not enough to sustain its competitive edge, indicating a need for strategic adjustments to improve its market standing in this segment.

Apr-2024 Rank
Flower
Pre-Roll
11
FloraVega / Welleaf

Competitive Landscape

In the competitive landscape of the Nevada flower cannabis market, FloraVega / Welleaf has shown a notable upward trajectory in rank and sales over the recent months, moving from 18th in January to 11th by April 2024. This improvement in rank is indicative of FloraVega / Welleaf's growing presence and consumer preference within the state. Competitors such as Savvy, which consistently ranked higher from January to April, and High Heads, which also saw a slight improvement in rank, highlight the competitive nature of the market. FloraVega / Welleaf's sales growth outpaced that of Firestar, despite Firestar's higher initial rank in January, showcasing FloraVega / Welleaf's significant market momentum. Meanwhile, Polaris MMJ experienced fluctuations in rank but remained a competitor with its consistent presence in the market. The data suggests that FloraVega / Welleaf is effectively navigating the competitive dynamics of the Nevada flower market, leveraging its sales growth and rank improvement to solidify its standing among leading brands.

FloraVega / Welleaf market ranking for NV Flower

FloraVega / Welleaf

Notable Products

In Apr-2024, FloraVega / Welleaf saw Boombox (3.5g) as its top-performing product with remarkable sales figures, reaching 2730 units sold, marking it as the leading product for the month. Following closely, RS-37 (3.5g) secured the second rank with significant interest from customers. Strawberry Lemonade (4 Grams) and Lemon Cherry Gelato (3.5g) were positioned third and fourth, respectively, showcasing a diverse preference among the consumers for different strains. Notably, Cringer's Cookies (3.5g) rounded out the top five, maintaining a consistent demand. The rankings of these products have seen considerable shifts from previous months, indicating changing consumer preferences and the dynamic nature of product popularity within the FloraVega / Welleaf lineup.

Product Rank
Category
Jan-2024
Feb-2024
Mar-2024
Apr-2024
Boombox (3.5g)
Flower
>5
5
>5
1
RS-37 (3.5g)
Flower
>5
>5
>5
2
Strawberry Lemonade (4 Grams)
Flower
>5
>5
>5
3
Lemon Cherry Gelato (3.5g)
Flower
3
>5
>5
4
Cringer's Cookies (3.5g)
Flower
4
>5
>5
5
View product & sales data

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