Love Oui'd

Data Snapshot: Jun 11, 2024
Love Oui'd Cannabis Brand Logo
<$50K

May-2024

Sales

Decline

Trend

6-Month

4

Product Count

SKUs

Love Oui'd

Overview

Markets

Love Oui'd Locations

Product Trends

Love Oui'd Categories

Love Oui'd Sales

Market Insights Snapshot

Love Oui'd Historical Sales by Category

Love Oui'd has demonstrated a dynamic performance across various states and categories, particularly in the Edible category within New York. Over the past few months, there has been a noticeable decline in their ranking, moving from 18th in February 2024 to 27th by May 2024. This downward trend is indicative of increasing competition or potential shifts in consumer preferences. The sales figures also reflect this movement, with a significant drop from $46,878 in February to $34,711 in May. This decline suggests that Love Oui'd needs to reassess its strategies in the New York market to regain its earlier momentum and address the factors contributing to this decrease.

In other states, Love Oui'd's presence in the top 30 brands is inconsistent, as they did not appear in the rankings for several months. This absence highlights areas where the brand could potentially expand or improve its market penetration. While the specific numbers for other states and categories are not provided here, the trend in New York suggests a need for a broader analysis to understand the brand's overall performance. Identifying the states where they are not ranking in the top 30 could provide valuable insights for strategic adjustments and targeted marketing efforts.

May-2024 Rank
Edible
27
Love Oui'd

Competitive Landscape

In the competitive landscape of the New York Edible cannabis market, Love Oui'd has experienced notable fluctuations in its ranking and sales over the past few months. Starting at 18th place in February 2024, Love Oui'd saw a decline to 22nd in March, further slipping to 25th in April, and slightly recovering to 27th in May. This downward trend in rank is mirrored by a decrease in sales, from a high in February to a lower figure in May. Competitors such as OHHO and Senior Moments have also shown volatility, with OHHO dropping out of the top 20 by May and Senior Moments consistently ranking higher than Love Oui'd but also experiencing a decline. Meanwhile, Nanticoke has shown a more stable performance, maintaining a rank around the high 20s. The data suggests that while Love Oui'd is facing competitive pressure, there is potential for regaining market share with strategic adjustments.

Love Oui'd market ranking for NY Edible

Love Oui'd

Notable Products

In May-2024, the top-performing product from Love Oui'd was Lychee Energy Gummies 20-Pack (100mg), which climbed to the first position with a sales figure of 483 units. Ginger Sleep Gummies 20-Pack (400mg CBD, 100mg THC, 100mg CBN) dropped to second place, despite being the top product in the previous three months. Zen Mint PepperMints 20-Pack (100mg) maintained a steady third position throughout the months from February to May. The CBD/THC 10:1 Flow Tincture (300mg CBD, 30mg THC) held the fourth spot consistently from March to May. Notably, the Active Sativa Distillate Cartridge (0.5g) was not ranked in May, after being in the fifth position in February and March.

Product Rank
Category
Feb-2024
Mar-2024
Apr-2024
May-2024
Lychee Energy Gummies 20-Pack (100mg)
Edible
2
2
2
1
Ginger Sleep Gummies 20-Pack (400mg CBD, 100mg THC, 100mg CBN)
Edible
1
1
1
2
Zen Mint PepperMints 20-Pack (100mg)
Edible
3
3
3
3
CBD/THC 10:1 Flow Tincture (300mg CBD, 30mg THC)
Tincture & Sublingual
>5
4
4
4
Active Sativa Distillate Cartridge (0.5g)
Vapor Pens
5
5
>5
>5
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