Remedi

Data Snapshot: May 05, 2024
Remedi Cannabis Brand Logo
$100K+

Apr-2024

Sales

Strong Growth

Trend

6-Month

9

Product Count

SKUs

Remedi

Overview

Markets

Remedi Locations

Product Trends

Remedi Categories

Remedi Sales

Market Insights Snapshot

Remedi Historical Sales by Category

In Illinois, Remedi has demonstrated a consistent performance across several categories, with notable movements in both the Capsules and Concentrates categories. In the Capsules category, Remedi maintained a top 5 position from January to March 2024 but experienced a slight drop to the 6th position in April 2024. This slight decline could suggest a need for strategies to bolster its market position or could be indicative of increasing competition within the category. On the other hand, the Concentrates category showed an improvement, with Remedi moving from the 17th position in January 2024 to the 14th position by April 2024. This upward trend, especially in a competitive category like Concentrates, highlights the brand's growing appeal and potential increased market share, despite not sharing the exact sales figures, the directional movement is promising.

Moreover, Remedi's performance in the Tincture & Sublingual category in Illinois has been notably stable and strong, maintaining a top 4 position from January to April 2024, with a peak at the 3rd position in March. This consistency at the top suggests a solid consumer base and effective product offerings within this category. However, it's worth noting a decrease in sales from March to April, from 25,610 to 19,669, indicating potential volatility or seasonal fluctuations in consumer demand. Without giving away all the details, it's clear that Remedi has established a strong foothold in Illinois across multiple cannabis product categories. The brand's ability to maintain top rankings, especially in the highly competitive Tincture & Sublingual category, positions it well for continued success, though attention should be given to the slight shifts in rankings and sales to ensure sustained growth and market dominance.

Apr-2024 Rank
Capsules
Concentrates
Tincture & Sublingual
6
14
4
Remedi

Competitive Landscape

In the competitive landscape of the concentrates category in Illinois, Remedi has shown a notable upward trajectory in its rankings over the first four months of 2024, moving from 17th in January to 14th by April. This improvement in rank is indicative of a positive trend in sales and market positioning within the state. Competitors such as Shelby County Community Services and Superflux have demonstrated stronger performance, with Shelby County Community Services notably moving into the top 10 by April. Meanwhile, Avexia and FloraCal Farms have shown fluctuations in their rankings, with Avexia making a significant jump into the top 20 by March and maintaining an upward trend. Remedi's steady climb in rankings, despite fierce competition and the dynamic nature of the concentrates market in Illinois, suggests a growing consumer preference and market share, positioning it as a brand to watch in the evolving cannabis industry.

Remedi market ranking for IL Concentrates

Remedi

Notable Products

In April 2024, Remedi's top-selling product was the Indica Rest RSO Dropper (0.5g) from the Concentrates category, maintaining its number one rank across the first four months of the year with a notable sales figure of 3517 units. The second spot was held by the Indica Relief RSO Syringe (0.5g), also in the Concentrates category, consistently securing its position from January to April. The third-ranking product for April was the Indica Rest RSO Syringe (0.5g), showing a stable performance in the top three since February. The CBD/THC 1:1 Relief Tincture (50mg CBD, 50mg THC, 30ml) from the Tincture & Sublingual category climbed to the fourth rank by April, after not being in the top rankings in January. Lastly, the CBD/THC 1:5 Rest Tincture (20mg CBD, 100mg THC, 30ml) managed to stay in the top five, despite dropping from third place in January to fifth in April.

Product Rank
Category
Jan-2024
Feb-2024
Mar-2024
Apr-2024
Indica Rest RSO Dropper (0.5g)
Concentrates
1
1
1
1
Indica Relief RSO Syringe (0.5g)
Concentrates
2
2
2
2
Indica Rest RSO Syringe (0.5g)
Concentrates
4
3
3
3
CBD/THC 1:1 Relief Tincture (50mg CBD, 50mg THC, 30ml)
Tincture & Sublingual
>5
5
4
4
CBD/THC 1:5 Rest Tincture (20mg CBD, 100mg THC, 30ml)
Tincture & Sublingual
3
4
5
5
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