Market Insights Snapshot
In the Colorado market, Lazercat Cannabis has shown a consistent performance in the Concentrates category. The brand maintained a position within the top 20, with rankings fluctuating between 14th and 18th place from July to October 2023. This indicates a steady demand for Lazercat's Concentrates in this region, despite a slight dip in sales during September. It's worth noting, however, that they managed to bounce back in October, moving up to the 14th position.
On the other hand, Lazercat Cannabis' performance in the Vapor Pens category in Colorado has been less impressive. The brand did not make it into the top 20 in any of the months from July to October 2023, with rankings hovering around the low 30s. This could suggest a lower market preference for Lazercat's Vapor Pens in this state, or potentially stiffer competition in this category. Nevertheless, the brand has maintained a relatively stable sales figure across these months, indicating a consistent customer base.
In the Colorado concentrates market, Lazercat Cannabis has seen a fluctuating rank over the months of July to October 2023. Starting at rank 15 in July, Lazercat dropped to 16 in August, further to 18 in September, before improving to 14 in October. This indicates a somewhat unstable position in the market. In comparison, Kush Masters has seen similar fluctuations, but with higher ranks overall. Kayak Cannabis, on the other hand, has consistently improved its rank over the same period, starting at 20 in July and reaching 13 in October. Nomad Extracts and HRVST have also shown more stability in their ranks, staying within the top 20 throughout these months. This suggests that while Lazercat Cannabis has maintained a presence in the top 20, it faces strong competition from these brands.
In October 2023, Lazercat Cannabis' top-performing product was the 'Grape Nerds Rosin Cartridge (0.5g)' from the Vapor Pens category, maintaining its number one rank from previous months with sales hitting 1842 units. The 'Private Reserve OG Premo Live Rosin Badder (1g)' from the Concentrates category secured the second spot, also consistent with its previous rankings, and recorded sales of 1683 units. A new entrant in the top ranks, 'Mo' Melon Live Rosin Cartridge (0.5g)', also from the Vapor Pens category, climbed to the third rank with sales of 312 units. The 'Hybrid Premo Live Rosin (1g)' from the Concentrates category moved up one spot from the previous month to secure the fourth rank. Finally, the 'Hybrid Ultra Premo Rosin Badder (1g)' from the Concentrates category dropped to the fifth rank after previously holding the fourth spot in September 2023.