High TeHC

Data Snapshot: May 05, 2024
High TeHC Cannabis Brand Logo
$50K+

Apr-2024

Sales

Strong Growth

Trend

6-Month

11

Product Count

SKUs

High TeHC

Overview

Markets

High TeHC Locations

Product Trends

High TeHC Categories

High TeHC Sales

Market Insights Snapshot

High TeHC Historical Sales by Category

In Michigan, High TeHC's performance in the Edible category has shown a noteworthy trajectory over the first four months of 2024. Starting the year outside of the top 30 brands, an initial ranking was not available in January, but by February, High TeHC had captured the attention of the market, securing a rank of 73. This position indicates a challenging start in a competitive category. However, the brand demonstrated significant improvement, climbing to rank 58 by March and maintaining a strong presence with a rank of 62 in April. This upward movement is particularly impressive, considering the vast array of competitors in Michigan's cannabis market. The sales figures reflect this positive trend, with March seeing a remarkable increase to 64,870, showcasing a significant spike in consumer interest and market penetration.

Despite the initial struggle to break into the top 30 brands in the Edible category, High TeHC's sales and ranking data reveal a story of resilience and growing consumer acceptance. The sales jump observed in March 2024 is a critical highlight, suggesting effective marketing strategies or product innovations that resonated well with the target audience. However, the slight dip in rank from March to April, alongside a decrease in sales, suggests that maintaining momentum in such a competitive landscape remains a challenge. This fluctuation underscores the importance of continuous innovation and engagement strategies to keep the brand relevant and appealing to consumers. The overall performance of High TeHC in Michigan's cannabis market is a testament to the brand's potential and the dynamic nature of consumer preferences in the cannabis industry.

Apr-2024 Rank
Edible
62
High TeHC

Competitive Landscape

In the competitive landscape of the edible cannabis market in Michigan, High TeHC has shown a notable improvement in its ranking over the first four months of 2024, moving from not being in the top 20 in January to securing a position within the top 65 by April. This upward trajectory in rank is mirrored by a significant increase in sales, particularly noticeable from February to March, where sales almost doubled. Competitors such as Shatter House Extracts and Good News have experienced fluctuations in both rank and sales, but neither has shown the same sharp increase in sales performance as High TeHC. Notably, Distro 10 made a dramatic entrance in April, ranking higher than High TeHC despite being absent from the rankings in the previous months. This suggests a highly competitive market where brand positions can change rapidly. However, High TeHC's significant sales growth in a short period highlights its potential to become a more dominant player in the Michigan edible cannabis market.

High TeHC market ranking for MI Edible

High TeHC

Notable Products

In April 2024, High TeHC's top-performing product was Boost - Lemon Delight Sativa Gummies 20-Pack (200mg THC) in the Edible category, maintaining its position from March with sales of 1178 units. Following closely was Now-N-Later - Pineapple Crush Hybrid Gummies 20-Pack (200mg), also within the Edible category, securing the second rank consistently from February to April. The third spot was taken by Sleep - Blueberry Dream Indica Gummies 10-Pack (100mg), marking a notable entry into the top ranks in April from being unranked in previous months. THC Elev8 Infused Powder (200mg) in the Beverage category dropped to fourth in April after not being ranked in March, indicating fluctuating consumer preferences. Lastly, making its first appearance in the top five was Regen - CBD/THC 3:2 Orange Blossom Hybrid Gummies 20-Pack (300mg CBD, 200mg THC), highlighting the diversity in consumer choices within High TeHC's product range.

Product Rank
Category
Jan-2024
Feb-2024
Mar-2024
Apr-2024
Boost - Lemon Delight Sativa Gummies 20-Pack (200mg THC)
Edible
5
4
1
1
Now-N-Later - Pineapple Crush Hybrid Gummies 20-Pack (200mg)
Edible
1
2
2
2
Sleep - Blueberry Dream Indica Gummies 10-Pack (100mg)
Edible
>5
>5
5
3
THC Elev8 Infused Powder (200mg)
Beverage
3
1
>5
4
Regen - CBD/THC 3:2 Orange Blossom Hybrid Gummies 20-Pack (300mg CBD, 200mg THC)
Edible
>5
>5
>5
5
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