Good Feels Inc

Data Snapshot: May 05, 2024
Good Feels Inc Cannabis Brand Logo
$100K+

Apr-2024

Sales

Strong Growth

Trend

6-Month

12

Product Count

SKUs

Good Feels Inc

Overview

"Good Feels Inc," a recently founded and Massachusetts-based company, offers to its customers a unique line of flavored THC and CBD seltzers, with an accurately maintained ratio ensuring a controllable and consistent experience. Aiming to provide a health-conscious alternative to common alcohol drinks, the brand targets the burgeoning cannabis market with festive, ready-to-drink products that celebrate life without the side effects of a hangover. As they navigate the nascent industry, the firm exhibits a history of cultivating high-quality cannabis, coupled with an enterprising spirit dedicated to product development.
Markets

Good Feels Inc Locations

Product Trends

Good Feels Inc Categories

Good Feels Inc Sales

Market Insights Snapshot

Good Feels Inc Historical Sales by Category

In Massachusetts, Good Feels Inc has shown a notable performance in the Beverage category, demonstrating a positive trend over the first four months of 2024. Starting the year at rank 4 in January, the brand improved its position to rank 3 in February, peaked at rank 2 in March, and slightly receded to rank 3 again in April. This upward trajectory in rankings is indicative of a growing consumer preference for Good Feels Inc's offerings within the state's competitive landscape. The sales figures underscore this trend, with an increase from $162,702 in January to a peak of $222,293 in March, before a slight decrease to $205,012 in April. The movement in both rankings and sales highlights Good Feels Inc's strong market presence and its ability to capture and retain consumer interest over time.

While the detailed analysis of Good Feels Inc's performance across other states or provinces is not provided here, the data from Massachusetts alone suggests a strategic positioning of the brand within the Beverage category. The fluctuation in rankings, particularly the peak in March followed by a minor drop in April, could reflect market dynamics such as seasonal demand variations or competitive pressures. The absence of rankings outside the top 30 in any given month for this period indicates a consistently strong performance in Massachusetts. This consistency is crucial for building brand loyalty and expanding market share. However, for a more comprehensive understanding of Good Feels Inc's market performance, analyzing its standing across different categories and states would be essential, as it would provide insights into the brand's overall market penetration and consumer preferences on a broader scale.

Apr-2024 Rank
Beverage
3
Good Feels Inc

Competitive Landscape

In the competitive landscape of the beverage category in Massachusetts, Good Feels Inc has shown a notable upward trajectory in its market position, moving from fourth in January 2024 to third by April 2024. This shift indicates a significant increase in its sales and market share, overtaking competitors such as Hi5 Seltzer in the process. However, it still trails behind the dominant players in the market, Chill Medicated and Levia, which have consistently held the top two spots. Chill Medicated, in particular, has solidified its lead by ranking first from February to April 2024, indicating a robust consumer preference and loyalty. Good Feels Inc's growth trajectory suggests a positive market reception and increasing competitiveness, yet the brand needs to strategize further to challenge the top positions held by Chill Medicated and Levia, which have demonstrated stronger sales performance and market stability over the same period.

Good Feels Inc market ranking for MA Beverage

Good Feels Inc

Notable Products

In April 2024, Good Feels Inc. saw its top-performing product as the Good Vibez- Unflavored Syrup (500mg) within the Beverage category, maintaining its number 1 rank consistently over the past months with sales reaching 1731 units. Following closely, Good Vibez- Grape Syrup (500mg) and Good Vibez- Watermelon Fast Acting Syrup (500mg THC, 30ml) secured the second and third spots, respectively, also holding their positions steady from previous months. The Good Vibez- Strawberry Syrup (500mg) made a notable entrance, ranking fourth in April, a significant achievement considering it was not ranked in the earlier months. The CBD/THC 2:3 Flavorless Beverage Enhancer (60mg CBD, 90mg THC, 30ml) rounded out the top five, despite a drop in sales to 399 units from its previous performance. This analysis highlights the dominance of the Beverage category in Good Feels Inc.'s product lineup and underscores the stability in consumer preferences for these top products over time.

Product Rank
Category
Jan-2024
Feb-2024
Mar-2024
Apr-2024
Good Vibez- Unflavored Syrup (500mg)
Beverage
1
1
1
1
Good Vibez- Grape Syrup (500mg)
Beverage
2
2
2
2
Good Vibez- Watermelon Fast Acting Syrup (500mg THC, 30ml)
Beverage
3
3
3
3
Good Vibez- Strawberry Syrup (500mg)
Beverage
>5
>5
4
4
CBD/THC 2:3 Flavorless Beverage Enhancer (60mg CBD, 90mg THC, 30ml)
Beverage
4
4
5
5
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