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Mar-2024
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Overview
Market Insights Snapshot
In the competitive cannabis market of Oregon, PDX Organics has shown a notable performance in the Flower category, steadily climbing the ranks from December 2023 to March 2024. Starting at a rank of 25 in December 2023, with sales amounting to $258,247, they have made significant progress, moving up to rank 18 by March 2024. This upward trajectory is underscored by a substantial increase in sales to $328,078 by March 2024. The consistent improvement in their ranking indicates a growing consumer preference for PDX Organics' Flower offerings in Oregon, highlighting their ability to capture and expand their market share in this category.
Conversely, the performance of PDX Organics in the Pre-Roll category within Oregon tells a different story. Initially ranked outside the top 30 brands in December 2023, they managed to enter the rankings at 38 but experienced a decline over the following months, falling to rank 57 by March 2024. This downward trend is mirrored in their sales figures, which decreased from $71,068 in December 2023 to $37,758 by March 2024. The decline in both ranking and sales for their Pre-Roll products suggests challenges in maintaining consumer interest and competitiveness in this segment, which may require strategic adjustments to recapture and grow their market presence.
Competitive Landscape
In the competitive landscape of the Oregon flower cannabis market, PDX Organics has shown a notable upward trajectory in both rank and sales from December 2023 to March 2024, moving from not being in the top 20 to securing the 18th position by March. This improvement is significant when compared to its competitors. For instance, Oregon Roots has seen fluctuations but generally maintained a position within the top 20, ending at 19th place in March, closely behind PDX Organics. Eugreen Farms experienced a decline, falling out of the top 20 in January and February, before making a comeback to 17th place in March, indicating a volatile performance. Chalice Farms remained more stable, consistently staying within the top 20 and improving to 16th place by March. Interestingly, Juicy Farms made a significant leap from not being in the top 20 to reaching the 20th position by March, showcasing a dramatic improvement in rank and sales. This competitive analysis highlights PDX Organics' steady climb in a market where rank and sales positions can fluctuate significantly among competitors.
Notable Products
In March 2024, PDX Organics saw Terply (1g) leading their sales with a remarkable figure of 3131 units, marking its position as the top-performing product for the month without previous rankings in the dataset. Following closely, Vader Breath (Bulk) secured the second rank, showing a significant improvement from its fifth position in February 2024. Platinum Candy Mintz (Bulk) maintained a steady performance, holding onto the third rank consistently from February to March 2024. Dirty Sprite (Bulk) and Dirty Sprite (1g) entered the rankings at fourth and fifth places respectively, indicating a diverse preference among consumers for both bulk and individual gram options. This month's rankings highlight a dynamic shift in consumer preferences, with new entries and notable sales figures reshaping PDX Organics' top product list.
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