Presidential

Presidential's performance in the Pre-Roll category has shown significant stability and growth in key markets. In California, the brand consistently held the third position from March to June 2024, demonstrating a strong foothold in one of the largest cannabis markets in the United States. Sales figures in California have shown a positive trend, peaking at over $2.67 million in June, indicating robust consumer demand and effective market strategies. Meanwhile, in Nevada, Presidential has maintained a top-tier position, holding steady at the second rank from April to June 2024, after initially leading in March. This consistency in high-ranking positions across these states highlights Presidential's strong brand presence and consumer loyalty in the Pre-Roll segment.

In contrast, Presidential's performance in Michigan presents a more dynamic picture. Starting at the 28th position in March 2024, the brand saw a significant rise to the 16th position by May, though it slightly dipped to 17th in June. This fluctuation suggests a competitive market environment and potential areas for growth and improvement. The sales trajectory in Michigan also reflects this movement, with a notable increase from $310,931 in March to $653,035 in May, before a slight decline in June. The absence of Presidential in the top 30 brands in other states could be seen as a challenge, indicating the need for strategic expansion and market penetration efforts to bolster its national presence.