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Jun-2024
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Overview
Market Insights Snapshot
Grow West Cannabis Company has shown a mixed performance across various categories in the state of Maryland. In the Flower category, the brand has consistently maintained a strong presence, ranking within the top 12 brands from March to June 2024, with a notable peak at the 10th position in May. This stability highlights the brand's strong foothold in the Flower market. On the other hand, the Concentrates category saw a significant improvement, with the brand breaking into the top 30 in June 2024, ranking 18th after not appearing in the top 30 in the previous months. This suggests a positive trend and growing consumer interest in their Concentrates offerings.
The Pre-Roll and Vapor Pens categories present a more varied performance for Grow West Cannabis Company. In the Pre-Roll category, the brand experienced a dip in June, falling to the 13th position after reaching as high as 8th in May. This fluctuation indicates potential volatility in consumer preferences or market competition. Conversely, in the Vapor Pens category, the brand showed a promising upward trajectory, climbing from the 24th position in March to 14th in May, before slightly dropping to 19th in June. This overall upward movement suggests increasing acceptance and popularity of their Vapor Pens, despite the slight decline in June. These trends provide valuable insights into Grow West Cannabis Company's market dynamics and growth potential within Maryland.
Competitive Landscape
In the competitive landscape of Maryland's Flower category, Grow West Cannabis Company has shown a relatively stable performance in recent months, maintaining ranks within the top 20. Despite a slight dip in April 2024, where it ranked 12th, Grow West Cannabis Company rebounded to 10th place in May before settling at 11th in June. This stability is notable when compared to competitors like Curio Wellness, which saw more significant fluctuations, peaking at 7th in May but dropping to 9th in June. Similarly, CULTA experienced a downward trend, falling from 6th in March to 13th in June. Meanwhile, Garcia Hand Picked showed a positive trend, climbing from 15th in May to 10th in June. Grow West Cannabis Company's consistent ranking suggests a steady market presence, though there is room for growth when compared to the higher-ranking brands. This analysis highlights the importance of monitoring competitive movements and market trends to strategize effectively for maintaining and improving market position.
Notable Products
In June 2024, the top-performing product for Grow West Cannabis Company was Pie Crust (3.5g) in the Flower category, maintaining its top rank for two consecutive months with notable sales of $4715. Goat Piss (3.5g) followed as the second best-seller, while Lilac Diesel (3.5g) secured the third position. Gandhari Kush (3.5g) dropped from second place in May to fourth in June, indicating a slight decline in its popularity. Reserve - Cherry AK-47 (3.5g) consistently held the fifth position throughout the months, demonstrating steady sales performance. Overall, the rankings show some shifts, particularly for Gandhari Kush, while Pie Crust continues to lead the sales.
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