HOH Hempnotize

Data Snapshot: Apr 04, 2024
HOH Hempnotize Cannabis Brand Logo
<$50K

Mar-2024

Sales

Decline

Trend

6-Month

1

Product Count

SKUs

HOH Hempnotize

Overview

HOH Hempnotize is a distinguished brand in the increasingly competitive cannabis market, particularly lauded for their premium CBD tinctures. The company's commitment to quality is met with frequent endorsements from dedicated consumers who vouch for the efficacy of the hemp products. As the burgeoning user testimonials suggest, HOH Hempnotize's offerings edge out competition owing to their superior quality.
Markets

HOH Hempnotize Locations

Product Trends

HOH Hempnotize Categories

HOH Hempnotize Sales

Market Insights Snapshot

HOH Hempnotize Historical Sales by Category

In the competitive landscape of Michigan, HOH Hempnotize has shown an interesting trajectory in the Tincture & Sublingual category, despite not being ranked in the top 30 brands for December 2023. The brand made a notable entrance in January 2024, securing the 14th position, which is a significant achievement. However, the following months saw a slight decline, with the brand settling at the 17th rank in both February and March 2024. This fluctuation in rankings, coupled with a dip in sales from January to February before a slight recovery in March, indicates a volatile yet promising position within the Michigan market. It's noteworthy that the brand managed to climb into the rankings and maintain a spot, suggesting a growing interest and potential for stabilization or even improvement in its market share.

On the other hand, HOH Hempnotize's performance in the Topical category within the same state presents a different narrative. The brand was ranked 17th in December 2023, indicating a solid presence. However, it disappeared from the top 30 rankings in January 2024, which could be seen as a setback. The brand made a comeback in February, although at a lower 20th rank, and maintained this position into March. This absence from the rankings in January followed by a return at a slightly lower position might indicate challenges in market consistency or consumer preference shifts. Despite these challenges, the brand's ability to re-enter and hold a spot in the top 20 suggests resilience and a potential to regain and possibly exceed its previous standings in the Topical category.

Mar-2024 Rank
Tincture & Sublingual
Topical
17
HOH Hempnotize

Competitive Landscape

In the competitive landscape of the Tincture & Sublingual category in Michigan, HOH Hempnotize has shown a notable trajectory, entering the rankings in January 2024 at 14th place and maintaining a steady position, slightly improving to 17th by March 2024. This movement is particularly impressive considering it was not ranked in the top 20 in December 2023. Its competitors, such as Green Gruff, which fluctuated from 21st to 14th and then settled at 17th by March, and Everyday Cannabis, moving from 17th to 16th, demonstrate a volatile market where HOH Hempnotize's consistent improvement is a positive indicator. Notably, Green DR and Apothecare have shown significant sales increases, with Green DR jumping from 18th to 15th place by March. This competitive analysis suggests that while HOH Hempnotize is newer to the rankings, its steady climb and the volatile movements of its competitors could indicate a strong potential for growth and market capture in Michigan's Tincture & Sublingual category.

HOH Hempnotize market ranking for MI Tincture & Sublingual

HOH Hempnotize

Notable Products

In March 2024, HOH Hempnotize saw the Pet Drops - CBD Broad Spectrum Bacon Flavor Tincture (500mg CBD, 30ml) maintain its position as the top-selling product, a trend consistent since January, with sales reaching 59 units. Following in rankings, the CBD Intensive Relief Cream (2000mg CBD, 2oz) rose to the second spot, showing a significant increase in popularity from previous months. Interestingly, the CBD Pet Treats 30-Pack (150mg CBD) climbed to the third position, marking its first appearance in the top ranks for the year. The shift in consumer preferences towards pet-related CBD products is evident, with two of the top three products catering to this niche. This analysis highlights a growing trend in the pet care segment within HOH Hempnotize's product offerings, suggesting a potential area for further focus and development.

Product Rank
Category
Dec-2023
Jan-2024
Feb-2024
Mar-2024
Pet Drops - CBD Broad Spectrum Bacon Flavor Tincture (500mg CBD, 30ml)
Tincture & Sublingual
>5
1
1
1
CBD Gummies 30-Pack (750mg CBD)
Edible
2
>5
>5
>5
CBD Honey Crisp Apple Tincture (2000mg CBD, 30ml)
Tincture & Sublingual
>5
2
>5
>5
CBD Intensive Relief Cream (2000mg CBD, 2oz)
Topical
1
>5
2
>5
CBD Pet Treats 30-Pack (150mg CBD)
Edible
>5
>5
3
>5
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