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Jun-2024
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Overview
Market Insights Snapshot
In the state of Missouri, Lush Labs has shown some notable movements across different product categories. In the Concentrates category, Lush Labs was not ranked in the top 30 brands in March 2024 but made significant strides by moving up to the 40th position in April, 36th in May, and 34th in June. This upward trend indicates a growing presence and acceptance of their Concentrates products in the Missouri market. While the sales figures have fluctuated slightly, the overall trend suggests a positive reception among consumers.
Conversely, in the Pre-Roll category, Lush Labs has struggled to make it into the top 30 rankings. Despite not being ranked in March and April, the brand managed to secure the 57th and 55th positions in May and June, respectively. Although this indicates some progress, it also highlights the competitive nature of the Pre-Roll market in Missouri. The sales figures for Pre-Rolls have shown a steady increase, suggesting that while Lush Labs is gaining traction, there is still significant room for improvement to break into the top tier of brands in this category.
Competitive Landscape
In the competitive landscape of the Pre-Roll category in Missouri, Lush Labs has shown a notable entry into the market, debuting at rank 57 in May 2024 and slightly improving to rank 55 in June 2024. This upward trend, albeit modest, suggests a positive reception and growing market presence. In contrast, C4 / Carroll County Cannabis Co. experienced a decline, dropping from rank 43 in May to 54 in June, indicating potential challenges in maintaining market share. Similarly, Smokey River Cannabis saw a significant drop from rank 41 in May to 51 in June, which could signal shifting consumer preferences or competitive pressures. Meanwhile, Gold Rush (MO) and Stability Growers have consistently ranked lower, with Gold Rush fluctuating between ranks 54 and 60, and Stability Growers not appearing in the top 20 in March and June. These dynamics highlight Lush Labs' potential for growth amidst a competitive and fluctuating market.
Notable Products
For Jun-2024, the top-performing product from Lush Labs was La Trop Pre-Roll (1g) in the Pre-Roll category, maintaining its number one ranking with sales of $1,147. Whisper Haven Pre-Roll (1g) also held steady in the second position with a significant sales increase from 359 units in May to 908 units in June. Purp Apricot + Banana OG Infused Pre-Roll (0.8g) climbed to the third rank, showing consistent improvement from previous months. Triple Burger Live Rosin (1g) in the Concentrates category dropped from the top spot in April to fourth place in June. Cherry Juice Fresh Press Live Rosin (1g) rounded out the top five, having peaked at third place in May before settling to fifth in June.
Top Selling Cannabis Brands
