Goldwater Extracts

Data Snapshot: May 05, 2024
Goldwater Extracts Cannabis Brand Logo
$100K+

Apr-2024

Sales

Neutral

Trend

6-Month

15

Product Count

SKUs

Goldwater Extracts

Overview

Markets

Goldwater Extracts Locations

Product Trends

Goldwater Extracts Categories

Goldwater Extracts Sales

Market Insights Snapshot

Goldwater Extracts Historical Sales by Category

In the competitive landscape of the cannabis industry, Goldwater Extracts has shown a notable presence in the Vapor Pens category within Colorado. Starting the year with a ranking of 20 in January 2024, there was a slight dip in February to the 27th position, before a slight recovery in March to rank 23rd, only to fall back to the 27th position again in April. This fluctuation in rankings indicates a challenge in maintaining a stable market position amidst stiff competition. Despite these ups and downs in rankings, the brand managed to achieve a significant sales figure of $483,070 in January 2024, highlighting a strong start to the year. The subsequent months saw variations in sales, with March witnessing a rebound close to January's figures before a decline in April, suggesting a volatility in consumer demand or possibly strategic adjustments by the brand.

The performance of Goldwater Extracts across these months suggests a brand that is actively competing but facing challenges in sustaining its market share and position in the Vapor Pens category in Colorado. The absence from the top 30 brands in any other state or province indicates a focused or limited geographical market presence, which could be a strategic choice or an area for expansion. The observed trend of fluctuating rankings and sales figures points towards the dynamic nature of consumer preferences and the competitive pressures within the cannabis industry. For stakeholders and potential investors, these insights into Goldwater Extracts' performance could serve as a basis for deeper analysis into the brand's strategies, market positioning, and potential areas for growth or improvement.

Apr-2024 Rank
Vapor Pens
27
Goldwater Extracts

Competitive Landscape

In the competitive landscape of the Vapor Pens category in Colorado, Goldwater Extracts has experienced fluctuations in its market position, indicating a dynamic and competitive market. Initially ranked 20th in January 2024, Goldwater Extracts saw a slight decline to 27th in February, before improving to 23rd in March and settling at 27th in April. This trajectory suggests challenges in maintaining a consistent market position amidst fierce competition. Notably, EvoLab has shown a declining trend in rank from 14th to 25th from January to April, despite starting significantly ahead of Goldwater Extracts. Conversely, Dablogic has made impressive gains, moving from a rank outside the top 20 to 26th by April, coupled with a notable increase in sales. Mile High Xtractions (MHX) and Pyramid Pens have also seen fluctuations, but their movements indicate a highly competitive environment where slight changes can significantly impact rank and sales. For Goldwater Extracts, these trends underscore the importance of strategic initiatives to enhance market share and consumer preference in a category marked by close competition and shifting consumer loyalties.

Goldwater Extracts market ranking for CO Vapor Pens

Goldwater Extracts

Notable Products

In April 2024, Goldwater Extracts saw the Honey Cakes Distillate Cartridge (1g) lead its product lineup with remarkable sales figures, reaching 3419 units sold, making it the top-selling product of the month in the Vapor Pens category. Following closely, the Tropical Trainwreck Distillate Cartridge (1g) secured the second position, showing consistent performance with its previous rankings within the top 5. The Blue Zherbert Distillate Cartridge (1g) was the third best-selling product, indicating a slight decline from its highest rank of second place earlier in the year. Notably, the Violet Daze and Acapulco Gold Distillate Cartridges also made it to the top 5, with Violet Daze improving its rank to fourth from a previous third and Acapulco Gold dropping to fifth from an earlier second-place standing. These rankings underscore a dynamic competitive landscape within Goldwater Extracts' product offerings, highlighting shifts in consumer preferences and competitive positioning over the months.

Product Rank
Category
Jan-2024
Feb-2024
Mar-2024
Apr-2024
Honey Cakes Distillate Cartridge (1g)
Vapor Pens
>5
5
>5
1
Tropical Trainwreck Distillate Cartridge (1g)
Vapor Pens
3
3
5
2
Blue Zherbert Distillate Cartridge (1g)
Vapor Pens
2
4
4
3
Violet Daze Distillate Cartridge (1g)
Vapor Pens
5
>5
3
4
Acapulco Gold Distillate Cartridge (1g)
Vapor Pens
4
>5
2
5
View product & sales data

Top Selling Cannabis Brands

Simple, transparent pricing that grows with you. Try any plan free for 30 days.
Research the top cannabis brands across markets in the US and Canada.
Header image
User rating
start Today
Connect to Headset

Get Cannabis Market Data