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Jun-2024
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Overview
Market Insights Snapshot
Northwest Cannabis Solutions has shown a varied performance across different states and product categories over recent months. In Colorado, the brand's Flower category has seen a notable improvement, jumping from not being in the top 30 to rank 55 in June 2024, with sales increasing significantly from $30,646 in March to $63,556 in June. However, in Illinois, the brand only appeared in the rankings for March 2024, holding the 61st spot and then dropping out of the top 30 in subsequent months, indicating a potential struggle to maintain a foothold in that market.
In Washington, Northwest Cannabis Solutions has had a mixed but generally stable performance. In the Edible category, the brand maintained a consistent presence, ranking around the mid-30s, with minor fluctuations from 37th in March to 35th in June 2024. This stability is reflected in the sales figures, which hovered around the $11,500 mark each month. On the other hand, the Flower category saw a drop, with the brand not making it into the top 30 after March 2024. The Vapor Pens category showed steady improvement, climbing from 91st in March to 79th in June 2024, suggesting a growing acceptance and popularity of their vapor pen products in Washington.
Competitive Landscape
In the competitive landscape of the Flower category in Colorado, Northwest Cannabis Solutions has shown a notable improvement in its rank and sales over recent months. After not being in the top 20 brands in March and April 2024, Northwest Cannabis Solutions surged to rank 90 in May and further improved to rank 55 in June. This upward trend indicates a significant increase in market presence and consumer preference. In contrast, The Colorado Cannabis Co. experienced fluctuating ranks, peaking at 33 in May before dropping to 47 in June, suggesting potential volatility in their market position. Similarly, Kaviar and Summit have shown inconsistent rankings, with Kaviar improving from 74 in March to 51 in June, while Summit's rank varied between 58 and 75. Meanwhile, Rare Dankness saw a decline from 37 in March to 60 in June, indicating a downward trend. These dynamics highlight the competitive nature of the market and underscore the importance of strategic positioning for Northwest Cannabis Solutions to maintain and further its growth trajectory.
Notable Products
In June 2024, the top-performing product from Northwest Cannabis Solutions was Blue Dream (7g) in the Flower category, maintaining its first-place ranking with a notable sales figure of 3,634 units. Grease Monkey (3.5g), also in the Flower category, secured the second position, showing an improvement from the previous month's third place. Magic Kitchen - Indica Caramel Chews (100mg) in the Edible category climbed to the third position from fourth in May 2024. White Grape Infused Blunt (1g) in the Pre-Roll category ranked fourth, a slight drop from its second-place ranking in May 2024. Lastly, Blue Dream Distillate Cartridge (1g) in the Vapor Pens category fell to the fifth position, down from second place in May 2024.
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