.svg){kind=small}
Aug-2024
Sales
Trend
6-Month
Product Count
SKUs
Overview
Market Insights Snapshot
Kiva Chocolate has demonstrated varied performance across different states and categories. In California, Kiva has consistently maintained its ranking within the top 15 brands for edibles from May to August 2024, showcasing a stable and strong presence in the market. This consistency in ranking is a positive indicator of the brand's solid foothold in the state. However, in Arizona, Kiva Chocolate did not make it into the top 30 brands for the months of June and July, only appearing in May and August with rankings of 42 and 43, respectively. This indicates a less stable performance in Arizona, suggesting potential challenges in maintaining a competitive edge in this market.
In Ohio, Kiva Chocolate's performance has been notably positive, with a steady climb in rankings from 21 in May to 18 in July, before slightly dropping to 19 in August. This upward trend, coupled with a significant increase in sales, highlights a growing popularity and acceptance of the brand in the state. Conversely, in Illinois, Kiva's ranking has seen a gradual decline from 38 in May to 42 in August, reflecting a downward trend in market performance. Additionally, in Massachusetts, the brand has maintained a relatively stable ranking, hovering around the 22-24 mark, which indicates a consistent but not dominant presence. These variations across states underscore the importance of localized strategies to address unique market dynamics and consumer preferences.
Competitive Landscape
In the competitive landscape of the California edible cannabis market, Kiva Chocolate has shown consistent performance, maintaining its rank within the top 20 brands from May to August 2024. Despite fluctuating sales figures, Kiva Chocolate's rank has remained relatively stable, moving from 15th to 14th in June before returning to 15th in subsequent months. This stability is notable given the competitive pressures from brands like Emerald Sky, which has consistently ranked higher, holding positions between 11th and 13th, and Clsics, which experienced a slight decline but still outperformed Kiva Chocolate. Meanwhile, ABX / AbsoluteXtracts and Petra have remained lower in the rankings, indicating less direct competitive pressure. The data suggests that while Kiva Chocolate faces strong competition, especially from higher-ranked brands, its ability to maintain a stable rank amidst fluctuating sales highlights its resilience and potential for growth in the California edibles market.
Notable Products
In August 2024, the top-performing product from Kiva Chocolate was the Dark Chocolate Bar 20-Pack (100mg), which climbed to the first position with notable sales of 8,968 units. The Milk Chocolate Bar 20-Pack (100mg), which had consistently held the top spot in previous months, dropped to the second position. The Churro Milk Chocolate Bar 20-Pack (100mg) maintained its steady third place ranking throughout the past four months. The THC/CBN 5:2 Midnight Mint Dark Chocolate Bar 20-Pack (100mg THC, 40mg CBN) remained in fourth place, showing consistent performance. The Blackberry Dark Chocolate Bar 20-Pack (100mg) also held its fifth place ranking, with a slight increase in sales compared to previous months.
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.
