.svg){kind=small}
Jun-2024
Sales
Trend
6-Month
Product Count
SKUs
Overview
Market Insights Snapshot
marQaha's performance in the Edible category within Colorado has shown a notable decline over recent months. In March 2024, marQaha held the 45th rank, but by April, May, and June, the brand did not make it into the top 30, indicating a significant drop in its market presence. This downward trend could be a point of concern for stakeholders, as maintaining a position within the top 30 is often crucial for brand visibility and consumer trust. The absence from the rankings in subsequent months suggests that marQaha may need to reassess its strategy in the Colorado market to regain its standing.
While marQaha's recent performance in Colorado's Edible category has seen a downturn, it's important to consider broader market trends and potential shifts in consumer preferences. The competitive landscape in Colorado's cannabis market is evolving, and brands must continuously innovate to stay relevant. The data indicates that marQaha's sales in March were $15,178, but without subsequent sales figures, it's challenging to pinpoint the exact causes of their ranking drop. Future analyses should look into consumer feedback, product launches, and marketing efforts to provide a comprehensive understanding of marQaha's trajectory.
Competitive Landscape
In the competitive landscape of the Colorado edible cannabis market, marQaha has shown a fluctuating performance over recent months, which has implications for its rank and sales. In March 2024, marQaha held the 45th rank, but it did not appear in the top 20 brands in subsequent months, indicating a potential decline in market presence. In comparison, Green Treets has demonstrated more consistency, ranking 43rd in March 2024 and maintaining a presence in the top 20 in May and June 2024, with ranks of 41st and 46th respectively. This suggests that Green Treets has a more stable market position, which could be a factor in its higher sales figures. Meanwhile, Highly Edible was ranked 49th in March 2024 and did not appear in the top 20 in subsequent months, similar to marQaha. These insights highlight the competitive pressures marQaha faces and underscore the importance of strategic adjustments to improve its market rank and sales in the Colorado edible category.
Notable Products
In June 2024, the top-performing product for marQaha was CBD/THC 30:1 Beef n' Bacon Tincture (30mg CBD, 10mg THC, 60ml) in the Tincture & Sublingual category, securing the number one rank with sales of 106 units. The CBD/THC 1:1 Entourage Agave Tincture (100mg CBD, 100mg THC) followed closely in the second position, also in the Tincture & Sublingual category, with notable sales figures. FlasQ - Hybrid Fruit Punch Blend (100mg) from the Beverage category, which held the top rank in the previous two months, dropped to third place with a significant decline in sales to 51 units. The CBD/THC 100:1 Entourage Oil Align Tincture (1000mg CBD, 10mg THC) and FlasQ - Fruit Punch (100mg) both emerged in the fourth rank. This shift indicates a strong preference for tinctures in June 2024, reflecting a change from the dominance of beverages in earlier months.
Top Selling Cannabis Brands
