.svg){kind=small}
Jun-2024
Sales
Trend
6-Month
Product Count
SKUs
Overview
Market Insights Snapshot
Herban Tribe has shown a consistent presence in the Beverage category in Oregon over the past few months. The brand ranked 7th in March, climbed to 6th in April, and then saw a slight dip to 8th in May before stabilizing at 7th in June. This fluctuation indicates a competitive market where maintaining a top 10 position is challenging yet achievable for Herban Tribe. The sales figures reflect this competitive nature, with a peak in April at $33,186 and a low in June at $26,994, suggesting that while the brand is popular, it faces significant competition and seasonal variations in consumer demand.
It's noteworthy that Herban Tribe did not appear in the top 30 brands for any other state or category during this period. This absence could be seen as a limitation in their market reach or a strategic focus on their performance in Oregon. For instance, their consistent ranking in Oregon's Beverage category highlights their strong foothold in this specific market. However, the lack of presence in other states or categories might indicate areas for potential growth or the need for a more diversified market strategy. This insight can help stakeholders understand where Herban Tribe excels and where there might be opportunities for expansion.
Competitive Landscape
In the Oregon beverage category, Herban Tribe has shown a dynamic performance over the past few months, experiencing fluctuations in its rank and sales. In March 2024, Herban Tribe was ranked 7th, improving to 6th in April, dropping to 8th in May, and then climbing back to 7th in June. This indicates a competitive but volatile market position. Notably, High Desert Pure consistently maintained a stable rank around 9th, while Crown B Alchemy held strong in the top 5, suggesting a robust market presence. Fruit Lust and Uncle Arnie's also demonstrated competitive positioning, with Fruit Lust showing a slight decline and Uncle Arnie's maintaining a steady 6th position since its entry in May. These insights highlight the competitive landscape Herban Tribe faces, emphasizing the need for strategic marketing and product differentiation to maintain and improve its market rank and sales.
Notable Products
For Jun-2024, the top-performing product from Herban Tribe is Grape Juice Drink (50mg, 8.1oz, 240ml) in the Beverage category, maintaining its number one rank from May-2024 with sales of 375 units. Strawberry Lemonade Juice (100mg) holds the second position, consistent with its rank from the previous month, with notable sales of 348 units. Sour Diesel Lemonade Drink (50mg) remains in the third spot, showing a slight decline in sales from May-2024. Orange Juice Drink (50mg THC, 8.1oz) continues to rank fourth, with a modest increase in sales compared to the previous month. Passion Orange Guava Juice (100mg) retains its fifth position, indicating stable performance over the past three months.
Top Selling Cannabis Brands
