Remidose

Data Snapshot: May 05, 2024
Remidose Cannabis Brand Logo
<$50K

Apr-2024

Sales

Neutral

Trend

6-Month

5

Product Count

SKUs

Remidose

Overview

Markets

Remidose Locations

Product Trends

Remidose Categories

Remidose Sales

Market Insights Snapshot

Remidose Historical Sales by Category

In the Ohio market, Remidose has shown a consistent presence in the Tincture & Sublingual category, maintaining a position within the top 10 across the analyzed months. Beginning in January 2024 with a rank of 7 and a notable sales figure of $17,492, the brand slightly fluctuated in rankings, dropping to 8th in February before stabilizing back at the 7th position for March and April. Despite this stability in rankings, it's important to highlight a downward trend in sales numbers from January's peak to April's $12,108, indicating a potential area of concern or an opportunity for strategic adjustments.

While the data provided focuses solely on the Ohio market, the performance of Remidose in the Tincture & Sublingual category offers valuable insights. The brand's ability to hold a top 10 ranking consistently over the four months suggests a solid market presence and consumer demand within this category. However, the decline in sales despite stable rankings could imply increasing competition or changes in consumer preferences. This analysis underscores the importance of not just maintaining ranking positions but also adapting strategies to sustain or grow sales volume in a competitive landscape.

Apr-2024 Rank
Tincture & Sublingual
7
Remidose

Competitive Landscape

In the competitive landscape of the Tincture & Sublingual category in Ohio, Remidose has experienced fluctuations in its market position, maintaining a steady yet challenged stance among its competitors. Notably, Avexia has consistently held a higher rank than Remidose, securing positions within the top 5 across the observed months, indicating stronger sales and market presence. Similarly, Doctor Solomon's has shown significant performance, especially in March, where it climbed to the 3rd rank, surpassing Remidose by several positions. Remidose's ranking slipped from 7th in January to 8th in February, then slightly recovered in March and April, but its sales have shown a downward trend. In contrast, Click entered the rankings in April at 8th position, directly competing with Remidose. The absence of Butterfly Effect - Grow Ohio in the rankings after February suggests a volatile market, yet during its presence, it significantly outperformed Remidose, holding the 2nd rank with substantially higher sales. This analysis underscores the competitive pressures faced by Remidose, highlighting the need for strategic initiatives to enhance its market position and sales trajectory amidst a dynamic competitive set.

Remidose market ranking for OH Tincture & Sublingual

Remidose

Notable Products

In April 2024, Remidose's top-performing product was the Grape Sublingual Oral Spray (500mg) within the Tincture & Sublingual category, climbing to the first rank with sales figures reaching 123 units. Following closely, the Berry Sublingual Oral Spray (500mg) maintained its position as the second top product, despite a notable decrease in sales from the previous month. The Strawberry Sublingual Oral Spray (500mg), which led the sales in the first quarter of the year, experienced a significant drop, moving down to the third rank in April. The Pomegranate Sublingual Oral Spray (500mg) and the Citrus Live Resin Drops Oil (30ml) held steady in their ranks at fourth and fifth, respectively, indicating a stable preference among customers for these products. This shift in rankings, especially the significant fall of the Strawberry variant, highlights changing consumer preferences within the Remidose product line.

Product Rank
Category
Jan-2024
Feb-2024
Mar-2024
Apr-2024
Grape Sublingual Oral Spray (500mg)
Tincture & Sublingual
2
3
2
1
Berry Sublingual Oral Spray (500mg)
Tincture & Sublingual
3
2
2
2
Strawberry Sublingual Oral Spray (500mg)
Tincture & Sublingual
1
1
1
3
Pomegranate Sublingual Oral Spray (500mg)
Tincture & Sublingual
5
4
4
4
Citrus Live Resin Drops Oil (30ml)
Oil
4
5
3
5
View product & sales data

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