Lotus Premium Extracts

Data Snapshot: Apr 04, 2024
Lotus Premium Extracts Cannabis Brand Logo
$100K+

Mar-2024

Sales

Decline

Trend

6-Month

18

Product Count

SKUs

Lotus Premium Extracts

Overview

Markets

Lotus Premium Extracts Locations

Product Trends

Lotus Premium Extracts Categories

Lotus Premium Extracts Sales

Market Insights Snapshot

Lotus Premium Extracts Historical Sales by Category

In the Missouri market, Lotus Premium Extracts has shown a notable performance across various categories, each demonstrating unique trends over the recent months. Concentrates, for instance, have seen a significant improvement in ranking, moving from 33rd place in December 2023 to 24th by March 2024, suggesting a growing consumer interest and possibly enhanced distribution or marketing efforts. This category also witnessed a substantial increase in sales in March 2024, a promising sign of the brand's strengthening position. On the other hand, their Pre-Roll category experienced fluctuations but remained outside the top 30 brands, indicating challenges in penetrating this competitive space or possibly focusing less on this category.

Vapor Pens, another key category for Lotus Premium Extracts, displayed a volatile performance in rankings within the Missouri market, with a notable drop to 77th in January 2024 before partially recovering to 69th by March 2024. This erratic movement might reflect inventory challenges, shifts in consumer preferences, or strategic adjustments by the brand. Despite these fluctuations, a peak in sales was observed in February 2024, hinting at potential untapped demand or successful promotional activities that month. Analyzing these trends, it's clear that Lotus Premium Extracts is navigating a dynamic market landscape, with varying degrees of success across different product categories.

Mar-2024 Rank
Concentrates
Pre-Roll
Vapor Pens
24
51
69
Lotus Premium Extracts

Competitive Landscape

In the competitive landscape of the concentrates category in Missouri, Lotus Premium Extracts has shown a notable upward trajectory in its rank and sales over the recent months. Starting from a position outside the top 20 in December 2023, Lotus Premium Extracts made a significant leap to 24th rank by March 2024, indicating a robust growth in market acceptance and consumer preference. This growth trajectory is particularly impressive when compared to competitors like Teal Cannabis, Gold Rush (MO), and CAMP Cannabis, which have either maintained a relatively stable position or experienced fluctuations in their rankings and sales. For instance, Gold Rush (MO) saw a decline in rank from 19th in December 2023 to 22nd by March 2024, while CAMP Cannabis also faced a downward trend, ending at 23rd rank in the same period. Conversely, Vertical (MO) displayed a mixed performance but ultimately dropped to 26th rank by March 2024. Lotus Premium Extracts' significant sales increase in March 2024, compared to its competitors, underscores its growing prominence in Missouri's concentrates market, suggesting a positive outlook for its future market position and sales performance.

Lotus Premium Extracts market ranking for MO Concentrates

Lotus Premium Extracts

Notable Products

In March 2024, Lotus Premium Extracts saw Yoda's Headband Infused Pre-Roll (1.25g) leading the sales with a remarkable figure of 1319 units, maintaining its top position from February. The newly introduced Bubba Fett Sugar Wax (1g) in the concentrates category made an impressive debut, securing the second rank with significant interest from consumers. Jungle Pie Live Resin (1g) also showed notable growth, moving up from the fifth position in February to third in March, demonstrating a growing interest in high-quality concentrates. Durban Bananas Infused Pre-Roll (1.25g) and Larry Legend Infused Pre-Roll (1.25g) rounded out the top five, with the former maintaining a steady interest from consumers despite a slight fluctuation in its ranking over the past months. These shifts highlight a dynamic market with a strong interest in both new offerings and established favorites within Lotus Premium Extracts' range.

Product Rank
Category
Dec-2023
Jan-2024
Feb-2024
Mar-2024
Yoda's Headband Infused Pre-Roll (1.25g)
Pre-Roll
2
1
2
1
Bubba Fett Sugar Wax (1g)
Concentrates
>5
>5
>5
2
Jungle Pie Live Resin (1g)
Concentrates
>5
>5
5
3
Durban Bananas Infused Pre-Roll (1.25g)
Pre-Roll
3
2
>5
4
Larry Legend Infused Pre-Roll (1.25g)
Pre-Roll
4
>5
4
5
View product & sales data

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