Apr-2024
Sales
Trend
6-Month
Product Count
SKUs
Overview
Market Insights Snapshot
In the Missouri market, Gold Rush (MO) has shown a varied performance across different cannabis categories. The brand's presence in the Flower category is notable, with a ranking improvement from 18th in January to 14th in February, indicating a strong consumer preference and increased sales, peaking at over 1 million in February. However, this momentum did not sustain in the following months, with a slight decline to 16th in March and a more significant drop to 24th in April, alongside a decrease in sales. This fluctuation suggests a competitive market environment for Gold Rush in the Flower category, where maintaining a top position is challenging. Conversely, the Concentrates category tells a different story, with the brand consistently ranking in the late 20s from January through April, showing a gradual decline in both rank and sales, which might indicate a need for strategic adjustments to bolster its market position in this segment.
Looking at other categories, Gold Rush (MO) had a brief appearance in the Edible category in January, ranked at 40th, but was not present in the top 30 for the subsequent months, reflecting either a strategic withdrawal or lackluster performance that needs addressing. In the Pre-Roll category, the brand's rankings in the late 40s to early 50s from January to March, with no ranking in April, suggest a struggle to capture a significant market share in this segment within the Missouri market. The absence in April could be interpreted as a decline in consumer interest or distribution challenges. Overall, Gold Rush (MO)'s performance highlights the competitive and dynamic nature of the cannabis market in Missouri, with varying degrees of success across different product categories. The data suggests opportunities for growth and improvement, particularly in categories where the brand has shown potential but faces challenges in maintaining a strong market presence.
Competitive Landscape
In the competitive landscape of the Missouri flower cannabis market, Gold Rush (MO) has seen notable fluctuations in its rankings over the recent months, indicating a dynamic and competitive environment. Starting at 18th in January 2024, Gold Rush (MO) improved to 14th in February, maintained a strong presence at 16th in March, but then experienced a decline to 24th in April. This trajectory suggests a challenge in sustaining its earlier gains amidst stiff competition. Notably, Cloud Cover (C3) and Nuthera Labs have shown a consistent presence in the rankings, with Cloud Cover (C3) experiencing a slight decline from 17th to 22nd over the same period, while Nuthera Labs hovered around the 20th to 23rd positions. CAMP Cannabis and Pinchy's also displayed significant movement, with CAMP Cannabis moving from 24th to 25th and Pinchy's making a notable jump from being outside the top 20 to landing at 26th by April. These shifts highlight the volatile nature of the market and the need for Gold Rush (MO) to adapt and innovate continuously to maintain or improve its market position.
Notable Products
In April 2024, Gold Rush (MO) saw Cookies and Cream (3.5g) leading the sales chart for the month with a notable sales figure of 4919 units, maintaining its top position from February and reclaiming it from March. Following closely was Royal Slippers (3.5g), which rose to the second position, showing a significant improvement from its previous third-place ranking in both February and March. MAC #1 (3.5g) made its first appearance on the ranking chart in April, directly entering at the third position, which indicates a strong market entry. Dragon Fruit (3.5g), despite being the top seller in March, dropped to the fourth position in April, showcasing a fluctuating demand pattern. Lastly, Terpihut (7g) entered the rankings for the first time in April, positioned at fifth, hinting at a diversifying consumer interest within the Gold Rush (MO) product line.