.svg){kind=small}
Jun-2024
Sales
Trend
6-Month
Product Count
SKUs
Overview
Market Insights Snapshot
Jetpacks has shown varied performance across different categories and states. In California, their ranking in the Concentrates category has been on a downward trend, moving from 58th place in March 2024 to 79th place by June 2024. This decline is accompanied by a consistent drop in sales, indicating challenges in maintaining market share within this category. Conversely, their performance in the Pre-Roll category in California has seen a positive trajectory, improving from 69th in March 2024 to 51st in June 2024. This upward movement suggests a growing consumer preference for Jetpacks' Pre-Roll products in California, despite the overall competitive landscape.
In New York, Jetpacks has maintained a strong presence in both the Concentrates and Pre-Roll categories. The brand has consistently held the 6th position in the Concentrates category from April to June 2024, indicating stable performance and consumer loyalty. The Pre-Roll category, however, has been particularly noteworthy, with Jetpacks maintaining a top 4 position throughout the same period, even reaching 3rd place in March and June 2024. This consistent high ranking in New York's Pre-Roll market highlights Jetpacks' strong foothold and potential for continued growth in this category. These trends underscore the brand's varying successes and challenges across different states and product categories.
Competitive Landscape
In the competitive landscape of the New York Pre-Roll category, Jetpacks has experienced notable fluctuations in its rank and sales over the past few months. Despite a consistent presence in the top 5, Jetpacks saw a dip from 3rd to 4th place in April 2024, before reclaiming the 3rd spot in June 2024. This fluctuation is particularly significant when compared to the consistent top-ranking performance of Ruby Farms, which maintained the 1st position throughout the period. Another key competitor, Mfny (Marijuana Farms New York), exhibited a similar rank volatility, swapping places with Jetpacks between 3rd and 4th positions. Meanwhile, Dank. By Definition made a remarkable leap from 10th in March to 2nd by June, indicating a rapid increase in market traction. These shifts highlight the dynamic nature of the pre-roll market in New York, suggesting that while Jetpacks remains a strong contender, it faces stiff competition from both established and emerging brands. The ability of Jetpacks to regain its rank in June suggests resilience, but the brand must continue to innovate and adapt to maintain and improve its market position amidst aggressive competitors.
Notable Products
In June 2024, the top-performing product from Jetpacks was the Strawberry Sour Diesel FJ Infused Pre-Roll 5-Pack (2.5g), which climbed to the number one rank with sales of 1351 units. The Chernobyl Big Bang Infused Pre-Roll 5-Pack (2.5g) held its position at rank two, showing consistent performance from the previous month. Berry Blast FJ-3 Infused Pre-Roll 5-Pack (3g) dropped to third place, despite strong sales figures. Maui Wowie FJ Infused Pre-Roll 5-Pack (2.5g) improved its rank to fourth from fifth in May 2024. Cherry Vortex Big Bang Infused Pre-Roll 5-Pack (2.5g) maintained its position at fifth, indicating stable demand.
Top Selling Cannabis Brands
