High Peaks

Data Snapshot: Jul 04, 2024
High Peaks Cannabis Brand Logo
$100K+

Jun-2024

Sales

Decline

Trend

6-Month

32

Product Count

SKUs

High Peaks

Overview

Markets

High Peaks Locations

Product Trends

High Peaks Categories

High Peaks Sales

Market Insights Snapshot

High Peaks Historical Sales by Category

High Peaks has demonstrated a varied performance across different product categories in New York. The brand has shown a consistent presence in the Edible category, improving its rank from 34th in March to 26th in June. This upward trend indicates a growing consumer preference for their edible products. Conversely, the Flower category has seen a decline, with rankings falling out of the top 30, indicating a potential area for improvement. The Vapor Pens category showed a slight decline in rank from 25th in March to 34th in June, but it remains within the top 30, suggesting stable demand despite the downward movement. The Pre-Roll category, however, did not maintain a top 30 position by June, suggesting a significant drop in consumer interest or increased competition. Overall, High Peaks has shown resilience and potential for growth, particularly in the Edible category.

In terms of sales trends, High Peaks' performance in the Edible category in New York has been notable, with a substantial increase in sales from March to June. This is indicative of a successful strategy in product placement or marketing within this category. On the other hand, the Flower and Pre-Roll categories have faced challenges, with neither maintaining a top 30 rank by June, highlighting potential areas for strategic reassessment. The Vapor Pens category, while experiencing a rank decline, still shows significant sales volume, suggesting that it remains a strong revenue contributor despite competitive pressures. These mixed results across categories suggest that High Peaks may need to focus on bolstering its weaker segments while continuing to capitalize on its strengths in the Edible and Vapor Pens categories.

Jun-2024 Rank
Edible
Flower
Pre-Roll
Vapor Pens
26
86
34
High Peaks

Competitive Landscape

In the competitive landscape of vapor pens in New York, High Peaks has experienced notable fluctuations in its rank and sales over the past few months. Starting from a rank of 25 in March 2024, High Peaks saw a gradual decline, moving to 26 in April, 31 in May, and 34 in June. This downward trend in rank is mirrored by a decrease in sales, from $80,507 in March to $64,101 in June. In contrast, competitors such as Flower by Edie Parker and Veterans Choice Creations (VCC) have shown varying degrees of stability and growth. For instance, Flower by Edie Parker, despite not being in the top 20, has seen consistent sales growth from $40,703 in March to $78,714 in June. Similarly, Luci re-entered the rankings in May at position 40 and quickly climbed to 33 by June, with a significant sales increase to $65,596. These trends suggest that while High Peaks is facing challenges in maintaining its market position, competitors are capitalizing on the growing demand in the vapor pens category in New York.

High Peaks market ranking for NY Vapor Pens

High Peaks

Notable Products

In June 2024, the top-performing product for High Peaks was Lime Gummies 10-Pack (100mg) in the Edible category, rising to the number one rank with sales of $736. Pineapple Gummies 10-Pack (100mg) emerged as the second top seller, making its debut on the rankings. CBD/THC/CBN 4:2:1 Goodnight Guava Gummies 25-Pack (200mg CBD, 100mg THC, 50mg CBN) ranked third, dropping from its previous second position in May 2024. Granddaddy Purple Distillate Cartridge (0.5g) in the Vapor Pens category saw a decline, moving from the top position in May to fourth place in June. Guava Gummies 10-Pack (100mg) also entered the rankings in June, securing the fifth position.

Product Rank
Category
Mar-2024
Apr-2024
May-2024
Jun-2024
Lime Gummies 10-Pack (100mg)
Edible
>5
5
3
1
Pineapple Gummies 10-Pack (100mg)
Edible
>5
>5
>5
2
CBD/THC/CBN 4:2:1 Goodnight Guava Gummies 25-Pack (200mg CBD, 100mg THC, 50mg CBN)
Edible
5
1
2
3
Granddaddy Purple Distillate Cartridge (0.5g)
Vapor Pens
2
2
1
4
Guava Gummies 10-Pack (100mg)
Edible
>5
>5
>5
5
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