Red Eye Extracts (OR)

Data Snapshot: Apr 04, 2024
Red Eye Extracts (OR) Cannabis Brand Logo
$100K+

Mar-2024

Sales

Neutral

Trend

6-Month

74

Product Count

SKUs

Red Eye Extracts (OR)

Overview

Markets

Red Eye Extracts (OR) Locations

Product Trends

Red Eye Extracts (OR) Categories

Red Eye Extracts (OR) Sales

Market Insights Snapshot

Red Eye Extracts (OR) Historical Sales by Category

In the competitive cannabis market of Oregon, Red Eye Extracts (OR) has shown a notable performance in the Concentrates category. Starting at rank 14 in December 2023, the brand experienced a positive movement to rank 11 in January 2024, indicating an increase in consumer preference and market share. This upward trend, however, faced a slight setback in February 2024, dropping to rank 18, which could suggest a fluctuation in consumer demand or increased competition. Despite this, Red Eye Extracts (OR) made a significant comeback in March 2024, climbing to rank 10. This demonstrates a strong recovery and suggests effective strategic adjustments by the brand. The sales figures reflect this journey, with an initial increase from $158,470 in December 2023 to $178,434 in January 2024, a dip in February to $131,009, and a robust rebound to $187,833 in March 2024.

The brand's performance trajectory in Oregon's Concentrates category highlights its resilience and ability to navigate the market's dynamics effectively. The fluctuation in rankings across the months indicates a competitive landscape in Oregon, where brands must continuously innovate and adapt to maintain and improve their market position. Red Eye Extracts (OR)'s ability to bounce back to a higher rank in March 2024, after a drop in February, showcases its potential to leverage market insights and consumer preferences successfully. While the specific strategies employed by Red Eye Extracts (OR) to achieve this recovery are not detailed here, the sales and ranking data suggest a positive reception from the market. This performance analysis offers a glimpse into the brand's journey, leaving room for further exploration into the factors contributing to its success in the Oregon cannabis market.

Mar-2024 Rank
Concentrates
10
Red Eye Extracts (OR)

Competitive Landscape

In the competitive landscape of the concentrates category in Oregon, Red Eye Extracts (OR) has experienced notable fluctuations in its market position over recent months. Starting from December 2023, Red Eye Extracts ranked 14th but showed a promising improvement by moving up to 11th in January 2024. However, February saw a significant drop to 18th place, before a rebound to 10th in March, indicating a volatile yet upward trajectory in terms of rank. This performance places Red Eye Extracts in a challenging but potentially advantageous position relative to its competitors. For instance, NW Kind has seen a gradual decline from 4th to 9th place, while Oregrown fluctuated, ending slightly lower at 12th place in March. Dr. Jolly's and Buddies have also experienced shifts but remained relatively stable within the top 11 ranks. Red Eye Extracts' recent improvement to 10th place, surpassing several competitors, suggests a positive momentum that could be leveraged to capture a larger market share, despite the competitive pressures and the dynamic nature of the concentrates market in Oregon.

Red Eye Extracts (OR) market ranking for OR Concentrates

Red Eye Extracts (OR)

Notable Products

In March 2024, Red Eye Extracts (OR) saw Blueberry Glacier Cured Resin (1g) leading their sales, ranking first among their products with a notable sales figure of 1718 units. Following closely behind, Jager Sour Diesel Cured Resin (1g) took the second spot, indicating a strong preference for their concentrates category. Panax Cured Resin (1g) was not far off, securing the third position in their monthly sales ranking. Interestingly, there was a significant drop in sales figures after the top three, with Jack Herer Sugar Wax (1g) and Space Wedding Wax (1g) rounding out the fourth and fifth positions, respectively. This month marked a notable shift in consumer preferences within the concentrates category, showcasing a dynamic change from previous months.

Product Rank
Category
Dec-2023
Jan-2024
Feb-2024
Mar-2024
Blueberry Glacier Cured Resin (1g)
Concentrates
>5
>5
>5
1
Jager Sour Diesel Cured Resin (1g)
Concentrates
>5
>5
>5
2
Panax Cured Resin (1g)
Concentrates
>5
>5
>5
3
Jack Herer Sugar Wax (1g)
Concentrates
>5
>5
>5
4
Space Wedding Wax (1g)
Concentrates
>5
>5
>5
5
View product & sales data

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