Muncheas

Data Snapshot: Apr 04, 2024
Muncheas Cannabis Brand Logo
$50K+

Mar-2024

Sales

Neutral

Trend

6-Month

19

Product Count

SKUs

Muncheas

Overview

Markets

Muncheas Locations

Product Trends

Muncheas Categories

Muncheas Sales

Market Insights Snapshot

Muncheas Historical Sales by Category

In Massachusetts, the Muncheas brand has maintained a consistent presence in the edibles category, showing resilience in a competitive market. Throughout the December 2023 to March 2024 period, Muncheas hovered around the 20th rank, dipping slightly to 18th in February 2024 before returning to its 21st position in March. This fluctuation indicates a stable consumer base with the potential for growth, especially considering the slight improvement in February. However, the inability to break into the top 15 suggests challenges in gaining a larger market share against other brands. Sales data reveals a dip in January 2024 to $95,168, with a recovery in February, followed by another decrease in March. This sales pattern suggests a volatility in consumer demand or possibly in supply, which could be worth monitoring for future trends.

Despite the relatively stable ranking, the sales figures indicate that Muncheas faces challenges in the Massachusetts market. The initial drop in sales in January 2024, followed by a partial recovery in February, and another decrease in March, could point towards external factors affecting the brand's performance. These could range from competitive pricing, marketing efforts by rival brands, or changes in consumer preferences within the edibles category. The brand's performance in staying within the top 30 across the observed months is commendable, yet the inability to significantly improve its ranking or maintain a steady increase in sales highlights areas for potential strategic adjustments. For stakeholders, these insights could guide decisions on marketing, product development, or distribution strategies to bolster Muncheas' position in the competitive Massachusetts edibles market.

Mar-2024 Rank
Edible
21
Muncheas

Competitive Landscape

In the competitive landscape of the edible category in Massachusetts, Muncheas has shown a notable performance amidst its competitors. Initially ranked 21st in December 2023, Muncheas improved its position to 18th by February 2024, showcasing a positive trajectory in rank, although it slightly dropped to 21st in March 2024. This fluctuation in rank indicates a fiercely competitive market. Competitors such as Mr. Moxey's and Smokiez Edibles have also experienced shifts in their rankings, with Mr. Moxey's moving from 20th to 19th and Smokiez Edibles oscillating between the 22nd and 19th positions. Notably, Treeworks and Glorious Cannabis Co. have made significant leaps in their rankings, indicating a dynamic and evolving competitive field. Muncheas' sales performance, peaking in February 2024, reflects its potential to capture a larger market share despite the competitive pressures and the dynamic shifts in consumer preferences within the Massachusetts edible market.

Muncheas market ranking for MA Edible

Muncheas

Notable Products

In March 2024, Muncheas saw Sleep Strawberry Gummies 20-Pack (100mg) leading their sales with a significant 1095 units sold, marking it as the top-performing product for the month. Following closely, Tangerine Energize Gummies 20-Pack (100mg) ranked second, showing a notable improvement from its previous position in February. Pink Lemonade Fruit Gems Gummies 20-Pack (100mg) secured the third spot, demonstrating consistent popularity among consumers. Cherry Fruit Gems Gummies 20-Pack (100mg) maintained its position in the top products, ranking fourth in March, consistent with its February ranking. Meanwhile, Blue Raspberry Fruit Gems Gummies 20-Pack (100mg) experienced a slight decline, moving from the top three in December to fifth place in March, indicating a shift in consumer preferences within Muncheas' product lineup.

Product Rank
Category
Dec-2023
Jan-2024
Feb-2024
Mar-2024
Sleep Strawberry Gummies 20-Pack (100mg)
Edible
>5
>5
>5
1
Tangerine Energize Gummies 20-Pack (100mg)
Edible
>5
5
>5
2
Pink Lemonade Fruit Gems Gummies 20-Pack (100mg)
Edible
>5
>5
>5
3
Cherry Fruit Gems Gummies 20-Pack (100mg)
Edible
>5
4
>5
4
Blue Raspberry Fruit Gems Gummies 20-Pack (100mg)
Edible
3
>5
5
5
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