.svg){kind=small}
Jun-2024
Sales
Trend
6-Month
Product Count
SKUs
Overview
Market Insights Snapshot
High Five has demonstrated a mixed performance across different categories and states in recent months. In Missouri, the brand has shown a positive trend in the Beverage category, moving from 11th place in March 2024 to 9th place in April 2024. However, its presence in the top 30 for this category was not maintained in subsequent months, indicating a potential challenge in sustaining its market position. This fluctuation suggests that while High Five can achieve significant rankings, maintaining consistent performance may require strategic adjustments.
In contrast, High Five's performance in the Edible category in Missouri has been relatively stable, albeit at a lower rank. The brand consistently held the 29th position from April 2024 through June 2024, after initially ranking 28th in March 2024. Despite the steadiness, this lower ranking indicates that High Five faces stiff competition in the Edible category. The sales figures also show a decline from March to May 2024, followed by a slight increase in June, suggesting some recovery but highlighting the need for a more robust strategy to climb higher in the rankings.
Competitive Landscape
In the Missouri edibles market, High Five has shown a consistent but slightly declining performance in recent months, maintaining its rank at 29th place from April to June 2024. Despite this stability, its sales have experienced a downward trend, dropping from $103,532 in March to $81,800 in June. This decline contrasts with competitors like Yum-eez, which improved its rank from 30th to 27th and saw a significant sales increase to $100,712 in June. Additionally, Plume Cannabis (MO) also climbed in rank from 32nd to 28th, with sales rising from $61,062 to $85,992 over the same period. While Atta experienced a slight drop in rank to 30th in June, its sales remained relatively stable, indicating a more resilient market position compared to High Five. These trends suggest that while High Five maintains a steady rank, its sales performance is under pressure from competitors who are gaining market share and improving their sales figures.
Notable Products
For June 2024, the top-performing product from High Five is Unflavored Stiribles 10-Pack (50mg) in the Beverage category, reclaiming its top spot with sales of $829. Sour Blue Raspberry High Dose Gummies 20-Pack (500mg) in the Edible category, which was the leader in May, ranked second this month. CBD/THC 1:1 Blood Orange Gummies 20-Pack (100mg CBD, 100mg THC) climbed to the third position, showing significant improvement from its fifth rank in April and May. Strawberry Watermelon Gummies 20-Pack (100mg) dropped to fourth place, maintaining a steady presence in the top tier. Finally, CBD/THC 1:1 Sour Lemon Lime Gummies 20-Pack (100mg CBD, 100mg THC) secured the fifth spot, marking its second appearance in the rankings.
Top Selling Cannabis Brands
