Momenta

Data Snapshot: Apr 04, 2024
Momenta Cannabis Brand Logo
<$50K

Mar-2024

Sales

Neutral

Trend

6-Month

5

Product Count

SKUs

Momenta

Overview

Markets

Momenta Locations

Product Trends

Momenta Categories

Momenta Sales

Market Insights Snapshot

Momenta Historical Sales by Category

In the Maryland market, Momenta's performance within the Concentrates category has shown a consistent presence, albeit with slight fluctuations in rankings over the recent months. Starting in December 2023, Momenta held the 27th position, which indicates a competitive stance among the top 30 brands in this category. Although there was a slight dip to the 28th position in January 2024, the brand managed to climb back to the 27th spot in February before returning to the 28th position in March 2024. This oscillation in rankings suggests Momenta is maintaining its relevance in the Concentrates category, despite facing stiff competition. The sales figures, peaking in February 2024 with $8,779, indicate a significant interest in Momenta's offerings, although the drop in sales to $5,101 by March 2024 suggests fluctuating consumer demand.

While the detailed performance of Momenta across other states or provinces and categories remains unexplored in this analysis, the available data from Maryland provides valuable insights into the brand's market dynamics. The consistent ranking within the top 30, despite minor fluctuations, is indicative of Momenta's solid positioning in the Maryland market. However, the absence of rankings for other months or in additional categories and states/provinces could either point to a focused strategy on the Maryland market or highlight areas for potential growth and expansion. The sales trend observed, with a notable peak in February, offers a glimpse into consumer behavior and market demand, which could be leveraged for strategic planning and operational adjustments. Without divulging all specifics, it's clear that Momenta has carved out a space in the competitive landscape of the cannabis industry, with room to grow and adapt based on market feedback and performance trends.

Mar-2024 Rank
Concentrates
28
Momenta

Competitive Landscape

In the competitive landscape of the concentrates category in Maryland, Momenta has experienced fluctuations in its market position, reflecting a dynamic and competitive market. Despite a slight decline from a rank of 27 in December 2023 to 28 in March 2024, Momenta has shown resilience in sales, indicating a strong consumer base and product loyalty. Its competitors, such as Verano, have seen more significant rank changes but also faced volatility, suggesting that shifts in consumer preferences and market entries can impact even the top players. Notably, Avexia and 1937 have also experienced rank fluctuations, with Avexia making a notable jump in February 2024, which positions them as direct competitors to Momenta in terms of market share and consumer choice. This competitive analysis underscores the importance of innovation and brand differentiation in maintaining and improving market rank and sales within the Maryland concentrates market.

Momenta market ranking for MD Concentrates

Momenta

Notable Products

In March 2024, Momenta's top-selling product was Blue Dream RSO (1g) from the Concentrates category, maintaining its previous month's position with notable sales of 40 units. Following closely, Layer Cake RSO Syringe (1g) also in Concentrates, shifted from the top position in February to second place in March. The third position was secured by Ice Cream Cake RSO Syringe (1g), which saw a slight decline from its second-place ranking in February, indicating a competitive top-tier product lineup. Sativa RSO Syringe (1g) consistently held the fourth rank across the recent months, demonstrating steady demand among Momenta's offerings. Interestingly, Cinderella 99 RSO (1g) re-entered the rankings in March at the fifth position, highlighting fluctuating consumer preferences within the Concentrates category.

Product Rank
Category
Dec-2023
Jan-2024
Feb-2024
Mar-2024
Blue Dream RSO (1g)
Concentrates
3
1
3
1
Layer Cake RSO Syringe (1g)
Concentrates
2
3
1
2
Ice Cream Cake RSO Syringe (1g)
Concentrates
1
2
2
3
Sativa RSO Syringe (1g)
Concentrates
4
4
4
4
Cinderella 99 RSO (1g)
Concentrates
5
5
>5
5
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