Market Insights Snapshot
In the Flower category, the Kynd Cannabis Company has shown a mixed performance across different states. In Arizona, the company saw an impressive jump in ranking from 70th in August to 53rd in September, but unfortunately, it fell back to 74th in October and didn't make it to the top 20 in November. On the other hand, in Massachusetts, the company managed to maintain a steady presence in the top 60, though it did see a slight drop in ranking from 43rd in October to 58th in November. The company's performance was notably strong in Nevada and Ohio, where it consistently ranked within the top 20.
When it comes to the Tincture & Sublingual category, the company's performance in Michigan was slightly volatile, fluctuating within the top 20 and dropping to 23rd in November. In the Pre-Roll category in Nevada, the brand saw a remarkable improvement, jumping from 96th place in August to 53rd in October, but it fell back to 77th in November. Despite these fluctuations, it's important to note that Kynd Cannabis Company's overall performance shows promise, with significant improvements and strong presence in key markets.
In the Flower category within Ohio, Kynd Cannabis Company has experienced a fluctuating position in terms of rank and sales over the months of August to November 2023. The brand started at rank 16 in August, dropped to 19 in October, but then rebounded to 13 in November. This indicates a level of volatility in the market. Notably, Kynd's main competitors have also seen shifts in their rankings. Classix moved from rank 14 in August to 11 in November, while Ozone improved significantly from a rank outside the top 20 in August to 15 in November. &Shine, however, saw a decrease from rank 6 in August to 12 in November. Lastly, Savvy maintained a relatively stable position, fluctuating around the middle of the top 20. These shifts in rank among Kynd and its competitors reflect the dynamic nature of the Flower category in Ohio and the ongoing competition for market share.
In November 2023, the top-performing product from Kynd Cannabis Company was 'Mai Tai x Zkittlez Cake (3.5g)', which ranked first in sales, generating a total of 2458 units. The second and third top sellers were 'Lemmy (2.83g)' and 'Caesar (2.83g)', respectively, both witnessing a significant increase in their rankings from the previous month. 'George Velvet (3.5g)' and 'First Class Funk #2 (3.5g)' made their first appearance in the top five, ranking fourth and fifth respectively. It's noteworthy that 'Mai Tai x Zkittlez Cake (3.5g)' regained its top position from August 2023, highlighting its consistent popularity among customers. Overall, the Flower category dominated the top sales for Kynd Cannabis Company in November 2023.