Market Insights Snapshot
Kindred Cannabis has been performing consistently in the Capsules category in Arizona. From July to September 2023, the brand maintained a steady position at rank 3. However, there was a slight drop in October as it moved to rank 4. This could be an indicator of increased competition or a shift in consumer preference. While the specific sales figures are not disclosed, there has been a downward trend in sales over these months, which aligns with the slight drop in ranking.
On the other hand, in the Topical category within the same state, Arizona, Kindred Cannabis did not rank in the top 20 brands in July 2023. However, it managed to make a significant leap to rank 13 in August. Unfortunately, the rankings for the following months are not available, suggesting that the brand may not have maintained its position in the top 20. While this can be seen as a setback, it also shows potential for the brand's growth and adaptability in different product categories.
In the Capsules category in Arizona, Kindred Cannabis has maintained a consistent presence in the top 5 brands, though it has seen a slight drop in rank from 3rd to 4th place between September and October 2023. It's worth noting that 1906 has seen a significant drop in rank from 2nd to not being in the top 20 in October 2023, indicating a sharp decrease in sales. In contrast, THC Living has improved its rank from 5th to 3rd place, while Uncle Herb's has consistently held the 2nd place spot. Tru Infusion made its entry into the top 5 in October 2023. These shifts in the competitive landscape suggest that Kindred Cannabis faces increasing competition, particularly from THC Living and Uncle Herb's.
In October 2023, Kindred Cannabis' top-performing product was the Mind - Sativa Capsule 10-Pack (50mg), ranking first in sales, a position it maintained from the previous month. The CBD/THC 1:1 Sativa Mind Capsules 10-Pack (100mg CBD, 100mg THC) followed closely in second place, climbing up from the first rank in September. The third spot was claimed by the Body - Indica Capsules 10-Pack (200mg), which was not ranked in the previous months. The Body - CBD/THC 1:1 Indica 10-Pack (100mg CBD, 100mg THC) dropped to the fourth rank from the second place in September. The sales figure for the top product, Mind - Sativa Capsule 10-Pack (50mg), was 35 units, showing a strong demand for this product.