Market Insights Snapshot
Legendary Laboratories, Llc has shown a significant upward trend in their performance in the Flower category in the state of Washington. Their ranking has steadily improved over the last four months, moving from 52nd place in May 2023 to 20th place in August 2023. This improvement in ranking is a clear indication of the brand's growing popularity and market share in the Flower category within the state. However, it's important to note that the brand was not in the top 20 in May, June, and July, which suggests there's still room for growth and improvement.
When it comes to sales, Legendary Laboratories, Llc has also seen a positive trend. In May 2023, their sales were at approximately 191,521.0, but by August 2023, they had almost doubled to 344,084.0. This increase in sales corresponds with the brand's improved ranking, suggesting a strong correlation between the two. However, the brand's performance in other states and categories is not disclosed here, which could provide a more comprehensive understanding of the overall performance of Legendary Laboratories, Llc.
Competitive Landscape
In the Flower category within the state of Washington, Legendary Laboratories, Llc has been making significant strides in its competitive positioning. Despite not being in the top 20 brands in May and June 2023, the brand has shown a remarkable improvement, climbing to the 20th rank by August 2023. This upward trend in rank is reflected in their sales as well, with a noticeable increase over the months. In comparison, Western Cultured has remained steady, not making it into the top 20. INDO has shown fluctuating performance, peaking at the 11th rank in July before dropping to the 18th position in August. Rochester Farms has been consistently in the top 20 but has seen a slight decline in rank over the months. Falcanna has maintained a strong position within the top 20, despite a slight drop in rank from 13th to 19th between June and August.
Notable Products
In August 2023, Legendary Laboratories, Llc's top-performing product was the Bubblegum Runtz (3.5g) from the Flower category, maintaining its number one position from July and June, with a notable sales figure of 2473 units. The second best-seller was the Lemon Cherry Gelato (3.5g), also from the Flower category, which improved its ranking from the third position in July. The Mt. Gelato (3.5g) dropped to the third rank in August from the second in July. The fourth and fifth positions were occupied by The Zoap (3.5g) and Legend 41 (3.5g) respectively, both new entrants to the top five. Overall, the rankings saw a significant change from previous months, with two new products making their way into the top five.