GreenCo Ventures

Data Snapshot: Jan 30, 2024
GreenCo Ventures Cannabis Brand Logo
$100K+

Dec-2023

Sales

Growth

Trend

6-Month

41

Product Count

SKUs

GreenCo Ventures

Overview

Markets

GreenCo Ventures Locations

Product Trends

GreenCo Ventures Categories

GreenCo Ventures Sales

Market Insights Snapshot

GreenCo Ventures Historical Sales by Category

GreenCo Ventures, a prominent cannabis brand, has exhibited a dynamic performance in the concentrates category in Michigan over the past few months. In September 2023, the brand ranked 13th, but it made a significant leap to the 4th position in October 2023, demonstrating a remarkable improvement. However, the following month saw a drop in its ranking to 14th, indicating a temporary setback. Nevertheless, the brand managed to recover somewhat in December 2023, securing the 9th position. This fluctuation in rankings underscores the brand's resilience in a highly competitive market.

When it comes to sales, GreenCo Ventures has experienced a similar pattern of ups and downs. September 2023 sales were decent, but October 2023 saw a significant increase, likely contributing to their impressive category ranking for that month. November 2023, however, brought a decrease in sales, coinciding with the brand's drop in ranking. Things took a turn for the better in December 2023, with sales increasing again, although not reaching the high of October. This trend suggests that while GreenCo Ventures faces stiff competition, it has the potential to bounce back and secure a strong position in the market.

Dec-2023 Rank
Concentrates
9
GreenCo Ventures

Competitive Landscape

In the Michigan concentrates category, GreenCo Ventures has experienced a fluctuating market position, with ranks of 13, 4, 14, and 9 from September to December 2023 respectively. This suggests a highly competitive and dynamic market. In October, GreenCo Ventures outperformed competitors like 710 Labs, Redemption, Dazed (MI), and Rkive Cannabis, securing the 4th position. However, in November, GreenCo Ventures fell to the 14th position, indicating a significant drop in sales. Despite this, they managed to improve their rank to 9th in December, demonstrating resilience in the face of competition. The absence of GreenCo Ventures from the top 20 in some months indicates the intense competition in the Michigan concentrates market.

GreenCo Ventures market ranking for MI Concentrates

GreenCo Ventures

Notable Products

In December 2023, GreenCo Ventures' top-performing product was 'Head Dog x Lemon Cherry Gelato RSO (1g)', which climbed from fourth place in November to secure the top spot. The second highest-selling product was 'Head Dog x Lemon Cherry Gelato Live Resin (1g)', improving its ranking from third place in the previous month. 'Lemon G x Lemon Cherry Gelato Live Resin (1g)', which was the top performer in November, slipped to third place in December. The 'BPD Live Resin (1g)' dropped two places to fourth, while 'Gorilla Snacks Live Resin (1g)' maintained its fifth position. Notably, 'Head Dog x Lemon Cherry Gelato RSO (1g)' achieved impressive sales, reaching a figure of 17,150 units sold.

Product Rank
Category
Sep-2023
Oct-2023
Nov-2023
Dec-2023
Head Dog x Lemon Cherry Gelato RSO (1g)
Concentrates
>5
3
4
1
Head Dog x Lemon Cherry Gelato Live Resin (1g)
Concentrates
>5
>5
3
2
Lemon G x Lemon Cherry Gelato Live Resin (1g)
Concentrates
1
2
1
3
BPD Live Resin (1g)
Concentrates
5
1
2
4
Gorilla Snacks Live Resin (1g)
Concentrates
>5
>5
5
5
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