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Aug-2024
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Overview
Market Insights Snapshot
Juicy Hoots has shown varied performance across different states and categories over recent months. In Alberta, the brand's presence in the Vapor Pens category has been inconsistent, with rankings not making it into the top 30 for most months except for a notable appearance at rank 55 in July 2024. This suggests that while there may be pockets of demand, the brand has struggled to maintain a consistent position in this market. In contrast, Ontario has seen a more positive trend, with Juicy Hoots climbing from rank 30 in June 2024 to rank 19 by August 2024, indicating a strengthening position in the Vapor Pens category.
In Saskatchewan, Juicy Hoots has demonstrated a steady improvement in the Vapor Pens category, moving from rank 28 in June 2024 to rank 16 by August 2024. This upward trend signifies a growing acceptance and popularity of the brand within the province. It's important to note that while the brand did not make it into the top 30 in Alberta for most months, the consistent improvement in Ontario and Saskatchewan highlights regional differences in consumer preferences and market dynamics. Overall, Juicy Hoots' performance illustrates the importance of localized strategies to capture market share effectively.
Competitive Landscape
In the competitive landscape of Vapor Pens in Ontario, Juicy Hoots has shown a notable upward trajectory in the rankings over the past few months. Starting from a rank of 28 in May 2024, Juicy Hoots climbed to 19 by August 2024, indicating a strong improvement in market position. This rise in rank is accompanied by a significant increase in sales, particularly from July to August 2024. In contrast, competitors like Lord Jones and Jonny Chronic have experienced more stable or fluctuating ranks, with Jonny Chronic even dropping to 20 in August 2024. Meanwhile, Kolab and Foray have also shown upward trends, but Juicy Hoots' rapid ascent suggests a growing consumer preference and effective marketing strategies. This competitive insight highlights Juicy Hoots' potential to continue gaining market share in the Ontario Vapor Pens category.
Notable Products
In August 2024, the top-performing product for Juicy Hoots was Double Melon Gulp Mochi Co2 Cartridge (1g) in the Vapor Pens category, maintaining its first-place rank with a notable sales figure of 4525 units. Double Yuzu Splash Boba Co2 Cartridge (1g) rose to second place, showing a significant increase in sales from previous months, reaching 3915 units. Double Blue Cherry Co2 Cartridge (1g) held steady in third place with a sales figure of 3718 units, reflecting consistent performance. Compared to previous months, Double Melon Gulp Mochi Co2 Cartridge (1g) has consistently ranked first, while Double Yuzu Splash Boba Co2 Cartridge (1g) improved its ranking from third in July to second in August. Double Blue Cherry Co2 Cartridge (1g) remained in third place, indicating stable demand.
Top Selling Cannabis Brands
Data for this report comes from real-time sales reporting by participating cannabis retailers via their point-of-sale systems, which are linked up with Headset’s business intelligence software. Headset’s data is very reliable, as it comes digitally direct from our partner retailers. However, the potential does exist for misreporting in the instance of duplicates, incorrectly classified products, inaccurate entry of products into point-of-sale systems, or even simple human error at the point of purchase. Thus, there is a slight margin of error to consider. Brands listed on this page are ranked in the top twenty within the market and product category by total retail sales volume.
