Kosmik Brands

Data Snapshot: May 04, 2024
Kosmik Brands Cannabis Brand Logo
$500K+

Apr-2024

Sales

Decline

Trend

6-Month

57

Product Count

SKUs

Kosmik Brands

Overview

Markets

Kosmik Brands Locations

Product Trends

Kosmik Brands Categories

Kosmik Brands Sales

Market Insights Snapshot

Kosmik Brands Historical Sales by Category

In the competitive landscape of the cannabis industry, Kosmik Brands has shown a notable presence, particularly in the edibles category across various states. In Massachusetts, the brand experienced a fluctuating ranking within the top 30 over the first four months of 2024, starting at 33rd in January, peaking at 20th in March, and then slightly dropping to 28th by April. This trajectory suggests a growing but volatile market presence in Massachusetts, with sales peaking in March at 127,244 dollars before experiencing a decline. On the other hand, in Missouri, Kosmik Brands maintained a strong and consistent performance in the top 10, indicating a solid foothold and a more stable consumer base. The slight fluctuation in rankings, from 8th to 9th and back, coupled with a gradual increase in sales from January to April, underscores a reliable demand for their edible products in this market.

However, the brand's journey in Nevada tells a different story. The absence of Kosmik Brands from the top 30 rankings in January 2024, followed by its appearance at 26th in February, signals a late start in the year or challenges in establishing a strong market presence. Unfortunately, the lack of data for the subsequent months leaves room for speculation on whether the brand managed to capitalize on its February performance to climb higher in the rankings or faced difficulties in sustaining its market position. This inconsistency across states highlights the challenges Kosmik Brands faces in navigating diverse market dynamics and consumer preferences. The brand's performance in Missouri showcases its potential for establishing a loyal customer base, while the situations in Massachusetts and Nevada reflect the competitive and ever-changing nature of the cannabis edibles market.

Apr-2024 Rank
Edible
28
9
Kosmik Brands

Competitive Landscape

In the competitive landscape of the edible cannabis market in Missouri, Kosmik Brands has shown a consistent performance amidst fluctuating dynamics. Notably, Kosmik Brands maintained its position in the top 10 rankings from January to April 2024, showcasing resilience by slightly improving its rank from 9th in February and March to 9th in April, despite the competitive pressures. Competitors like ROBHOTS and Zen Cannabis have experienced more significant fluctuations in their rankings, with ROBHOTS dropping from 7th in January to 11th in April and Zen Cannabis moving from 4th to 8th in the same period. This indicates a potentially volatile market where brands such as Honeybee, which surged from 11th in January to 7th in April, can significantly disrupt market standings. Despite these shifts, Kosmik Brands' sales have shown an upward trend, indicating a growing consumer base or increased market share. This trend, coupled with the observed volatility among competitors, suggests that Kosmik Brands is navigating the competitive pressures effectively, positioning itself as a stable contender in Missouri's edible cannabis market.

Kosmik Brands market ranking for MO Edible

Kosmik Brands

Notable Products

In April 2024, Kosmik Brands saw the Black Hole Yellow Single Serve Gummy (100mg) as its top-selling product in the Edible category, with sales reaching 1770 units. Following closely, the Specialty Blasters - Chocolate Kovered Strawberry Gummies 10-Pack (100mg) secured the second rank, showcasing a notable improvement from its fifth position in March. The third spot was taken by the newly ranked Black Hole Pink Peach Mango Gummies 10-Pack (1000mg), indicating a strong market entry. The Blasters - Sour Blue Raspberry Retrograde Gummies 10-Pack (100mg) and Blasters - Big Bang Berry Gummies 10-Pack (100mg) rounded out the top five, with the latter experiencing a drop from the top position in March to fifth in April. These shifts highlight a dynamic competitive landscape within Kosmik Brands' Edible category, reflecting changing consumer preferences and successful product introductions.

Product Rank
Category
Jan-2024
Feb-2024
Mar-2024
Apr-2024
Black Hole Yellow Single Serve Gummy (100mg)
Edible
3
1
>5
1
Specialty Blasters - Chocolate Kovered Strawberry Gummies 10-Pack (100mg)
Edible
>5
>5
5
2
Black Hole Pink Peach Mango Gummies 10-Pack (1000mg)
Edible
>5
>5
>5
3
Blasters - Sour Blue Raspberry Retrograde Gummies 10-Pack (100mg)
Edible
>5
>5
>5
4
Blasters - Big Bang Berry Gummies 10-Pack (100mg)
Edible
>5
5
1
5
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