Hemp Kings

Data Snapshot: Apr 04, 2024
Hemp Kings Cannabis Brand Logo
$100K+

Mar-2024

Sales

Growth

Trend

6-Month

65

Product Count

SKUs

Hemp Kings

Overview

Markets

Hemp Kings Locations

Product Trends

Hemp Kings Categories

Hemp Kings Sales

Market Insights Snapshot

Hemp Kings Historical Sales by Category

In the highly competitive cannabis market of Washington, Hemp Kings has shown a notable upward trajectory in the Flower category, gradually climbing the ranks over the recent months. Starting outside the top 30 in December 2023, they made a significant jump to 27th in January, 23rd in February, and impressively into the 20th spot by March 2024. This consistent rise in rankings is a clear indicator of Hemp Kings' growing popularity and market acceptance in Washington. While specific sales figures are proprietary, the movement from a position not within the top 30 brands to the 20th rank in a span of just four months, alongside an increase in sales from December's $281,751 to March's $347,331, showcases a strong performance and positive reception of their Flower products among consumers.

The absence of Hemp Kings in the top 30 rankings in other states or provinces during the same period suggests a focused or limited geographical market presence, primarily in Washington. This could be interpreted in several ways; it might indicate a strategic concentration of marketing and distribution efforts in a region where they see the most potential or possibly room for growth and expansion into new markets. The data does not provide a comprehensive view of their overall performance across different product categories or states, but the significant improvement in Washington's competitive Flower category hints at effective brand strategies and customer loyalty. For Hemp Kings, maintaining this momentum and possibly replicating their strategies in other states or product categories could be key to their continued success and expansion.

Mar-2024 Rank
Flower
20
Hemp Kings

Competitive Landscape

In the competitive landscape of the cannabis flower category in Washington, Hemp Kings has shown a notable upward trajectory in its rank and sales over the recent months. Starting at a rank of 32 in December 2023 and improving to a rank of 20 by March 2024, Hemp Kings has demonstrated consistent growth in both rank and sales, surpassing competitors such as Dama and Legendary Laboratories, Llc by March 2024. However, it still trails behind Smokey Point Productions (SPP) and Bodega Buds, which have maintained higher ranks and sales figures. The upward movement of Hemp Kings in both rank and sales indicates a growing consumer preference and market share within the state, suggesting a positive outlook for the brand's performance against its competitors. This dynamic shift in the competitive ranks underscores the importance of monitoring long-term trends and market movements to understand the evolving competitive landscape in the cannabis industry.

Hemp Kings market ranking for WA Flower

Hemp Kings

Notable Products

In Mar-2024, Hemp Kings saw Gorilla Glue #4 (3.5g) reclaim its position as the top-selling product with a notable sales figure of 3266 units, marking a significant increase from the previous months and showcasing its consistent popularity among consumers. Following closely was Wedding Cake (3.5g), which moved down to the second rank after leading in Feb-2024, indicating a competitive race between the two top products. The third spot was maintained by Wedding Cake (1g), demonstrating steady demand for this variant without any rank change over the recent months. Gorilla Glue #4 Pre-Roll 2-Pack (1g) also held its ground at the fourth position, reflecting a stable preference among pre-roll enthusiasts. Lastly, Kings Cake (3.5g) continued to be the fifth top-performing product, maintaining its rank from the previous month and rounding out the diverse selection of Hemp Kings' best sellers.

Product Rank
Category
Dec-2023
Jan-2024
Feb-2024
Mar-2024
Gorilla Glue #4 (3.5g)
Flower
1
2
2
1
Wedding Cake (3.5g)
Flower
2
1
1
2
Wedding Cake (1g)
Flower
3
3
3
3
Gorilla Glue #4 Pre-Roll 2-Pack (1g)
Pre-Roll
4
4
4
4
Kings Cake (3.5g)
Flower
>5
5
5
5
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