Pyramid Pens

Data Snapshot: Apr 03, 2024
Pyramid Pens Cannabis Brand Logo
$500K+

Mar-2024

Sales

Strong Growth

Trend

6-Month

102

Product Count

SKUs

Pyramid Pens

Overview

Markets

Pyramid Pens Locations

Product Trends

Pyramid Pens Categories

Pyramid Pens Sales

Market Insights Snapshot

Pyramid Pens Historical Sales by Category

In Colorado, Pyramid Pens has shown a varied performance across its product categories. The brand's Vapor Pens category has maintained a strong presence within the top 30 brands throughout the observed period, improving its ranking from 28th in December 2023 to 26th in March 2024. This upward trend is indicative of a positive reception among consumers, especially considering the substantial increase in sales from December 2023's $307,452 to March 2024's $393,913. However, the Concentrates category tells a different story, with a fluctuating rank that saw a significant drop to 58th in February 2024 before a recovery to 42nd in March 2024. This volatility suggests challenges in maintaining a consistent market position within the concentrates sector, despite a rebound in sales in March.

Meanwhile, in Michigan, Pyramid Pens faces more pronounced challenges. The brand's performance in the Vapor Pens category highlights a struggle to secure a spot within the top 90, only appearing in the rankings in February and March 2024, at 95th and 96th, respectively. This absence from the rankings in January 2024 is particularly concerning, underscoring potential issues with market penetration or consumer preference in this category. The Concentrates category also presents a turbulent journey, with a peak rank of 42nd in December 2023, followed by a significant drop to 72nd by March 2024. This sharp decline, coupled with a drastic decrease in sales from $121,697 in December 2023 to $56,807 in March 2024, signals a need for strategic adjustments to regain footing in Michigan's competitive cannabis market.

Mar-2024 Rank
Concentrates
Vapor Pens
42
26
72
96
Pyramid Pens

Competitive Landscape

In the competitive landscape of the Vapor Pens category in Colorado, Pyramid Pens has shown a notable trajectory in terms of its ranking and sales performance. Despite starting at the 28th rank in December 2023, Pyramid Pens managed to improve its position slightly over the subsequent months, reaching the 26th rank by March 2024. This improvement in rank is mirrored by a consistent increase in sales, indicating a growing consumer preference for Pyramid Pens amidst stiff competition. Notably, Tastebudz and Next1 Labs LLC have shown significant sales growth, with Tastebudz climbing from a rank outside the top 20 to the 25th position by March 2024, and Next1 Labs LLC maintaining a steady presence in the mid-20s rank, eventually reaching the 24th position by March 2024. Revel (CO) and Natty Rems have experienced fluctuations in both rank and sales, indicating a volatile market dynamic. Pyramid Pens' slight improvement in rank and steady sales growth, despite the competitive pressure from these brands, highlights its resilience and potential for further growth in the Colorado vapor pens market.

Pyramid Pens market ranking for CO Vapor Pens

Pyramid Pens

Notable Products

In March 2024, Pyramid Pens saw Prism - Jilly Bean Distillate Cartridge (1g) leading the sales in the Vapor Pens category, maintaining its top position from February with 1318 units sold. Following closely, Red Pop Live Resin Budder Cartridge (1g) emerged as the second top-performing product, a significant entry considering it was not ranked in the prior months. The Prism - Golden Triangle Distillate Cartridge (1g) climbed two spots from February, securing the third rank with notable sales. Awake Distillate Cartridge (1g) held steady in fourth place from the previous month, demonstrating consistent consumer demand. Noteworthy is the entry of Prism- Bio Chem Distillate Cartridge (1g) into the top five, highlighting a dynamic shift in consumer preferences within Pyramid Pens' offerings.

Product Rank
Category
Dec-2023
Jan-2024
Feb-2024
Mar-2024
Prism - Jilly Bean Distillate Cartridge (1g)
Vapor Pens
>5
>5
1
1
Red Pop Live Resin Budder Cartridge (1g)
Vapor Pens
>5
>5
>5
2
Prism - Golden Triangle Distillate Cartridge (1g)
Vapor Pens
>5
>5
5
3
Awake Distillate Cartridge (1g)
Vapor Pens
>5
2
4
4
Prism- Bio Chem Distillate Cartridge (1g)
Vapor Pens
>5
>5
>5
5
View product & sales data

Top Selling Cannabis Brands

Simple, transparent pricing that grows with you. Try any plan free for 30 days.
Research the top cannabis brands across markets in the US and Canada.
Header image
User rating
start Today
Connect to Headset

Get Cannabis Market Data