.svg){kind=small}
Mar-2024
Sales
Trend
6-Month
Product Count
SKUs
Overview
Market Insights Snapshot
In the Maryland market, Liberty has shown a consistent performance in the Tincture & Sublingual category, maintaining its position within the top 10 brands over the recent months. Specifically, it held the 6th rank in December 2023 and January 2024, experienced a slight dip to the 7th rank in February 2024, but managed to climb back to the 6th position by March 2024. This fluctuation indicates a resilient presence in the market, despite facing competition. However, it's worth noting that while the brand has maintained its rank, there has been a significant drop in sales from December 2023's 3752 units to just 341 units by March 2024. This drastic decrease in sales, despite a relatively stable ranking, suggests external factors or market dynamics that may be affecting the brand's performance in Maryland.
While the ranking information provides a snapshot of Liberty's competitive standing in the Tincture & Sublingual category within Maryland, the sharp decline in sales raises questions about the challenges the brand might be facing. The consistency in ranking amidst falling sales could imply that the entire category is experiencing a downturn, or it might suggest that Liberty has managed to maintain its appeal to a loyal customer base that, although smaller, remains steady. Without additional data from other states or categories, it's difficult to determine if this trend is isolated to the Maryland Tincture & Sublingual market or indicative of a broader issue affecting the brand. Nonetheless, the resilience in ranking amidst a sales decline is an intriguing aspect of Liberty's current market dynamics in Maryland, warranting further observation in the coming months to understand the underlying causes and potential strategies the brand may employ to rebound.
Competitive Landscape
In the competitive landscape of the Tincture & Sublingual category in Maryland, Liberty has maintained a consistent presence, though it experienced a slight fluctuation in rank from December 2023 to March 2024, moving from 6th to 7th and back to 6th. This indicates a stable demand for Liberty's products amidst fierce competition. Notably, Curio Wellness has consistently outperformed Liberty, holding the 4th position throughout the same period and showcasing a significant sales increase in March 2024, which underscores the challenge Liberty faces in capturing a larger market share. Conversely, Avexia and Green Gruff have shown variable performance but remained below Liberty in rankings, with Avexia briefly overtaking Liberty in February before dropping again. Healer, another notable competitor, has demonstrated a strong performance, particularly in February and March 2024, suggesting that Liberty must innovate and differentiate to climb higher in the rankings and increase its market share in this competitive Maryland market.
Notable Products
In March 2024, the top-performing product for Liberty was Alien Mints Trim/Shake (28g) in the Flower category, achieving the number one rank with notable sales figures of 1029 units. Following closely, La Baker Smalls (14g) secured the second position, demonstrating a significant improvement from its previous ranks of fifth and second in December 2023 and January 2024, respectively. Burmese Mimosa (14g), previously leading the sales in December 2023, settled at the third rank in March 2024, indicating a slight decline in its popularity among consumers. The fourth place was claimed by Florida Kush Smalls (14g), which showed a consistent presence in the top rankings over the past months. Lastly, Caps Frozen Lemons Smalls (14g) rounded out the top five, marking its first appearance in the top ranks for the year.
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.
