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Sep-2024
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Overview
Market Insights Snapshot
In the state of Ohio, Remidose has demonstrated a strong presence in the Tincture & Sublingual category. Over the summer months, the brand improved its ranking from 9th in June to 6th in August, before settling at 8th in September. This upward trend in rankings was accompanied by a significant increase in sales, particularly notable in August where sales peaked. The fluctuation in rankings suggests a competitive market environment, yet Remidose has managed to maintain a robust position within the top 10, highlighting its resilience and appeal in the Ohio market.
Across other states and categories, the performance of Remidose is not as prominently highlighted, suggesting that the brand may not have secured a top 30 position in those areas. This absence in rankings could indicate potential growth opportunities for Remidose to explore and expand its market presence beyond Ohio. The focus on Ohio's performance underscores the importance of strategic market positioning and product differentiation in maintaining and enhancing brand visibility and consumer engagement in a competitive industry.
Competitive Landscape
In the competitive landscape of the Tincture & Sublingual category in Ohio, Remidose has shown a dynamic performance over the months from June to September 2024. Initially ranked 9th in June, Remidose improved its position to 8th in July and further climbed to 6th in August, before settling back to 8th in September. This fluctuation in rank is indicative of a competitive market environment. Notably, Standard Farms and Tinctible have been strong competitors, with Standard Farms peaking at 3rd place in July and Tinctible consistently maintaining a higher rank than Remidose, reaching 5th place in August. Despite these challenges, Remidose's sales saw a significant spike in August, aligning with its highest rank that month, suggesting effective marketing or product strategies. However, the subsequent drop in both rank and sales in September highlights the need for Remidose to innovate and adapt to maintain its competitive edge in this evolving market.
Notable Products
In September 2024, the top-performing product for Remidose was Pomegranate Sublingual Oral Spray (500mg) in the Tincture & Sublingual category, maintaining its rank at number one with sales of 412 units. Grape Sublingual Oral Spray (500mg) improved its position to rank second, following a slight dip in August. Strawberry Sublingual Oral Spray (500mg) climbed to third place, showing an upward trend from its fourth position in the previous month. Berry Sublingual Oral Spray (500mg) experienced a drop, moving from second place in August to fourth in September. Pomegranate Sublingual Spray (550mg) consistently held its fifth position throughout the four months.
Top Selling Cannabis Brands
Data for this report comes from real-time sales reporting by participating cannabis retailers via their point-of-sale systems, which are linked up with Headset’s business intelligence software. Headset’s data is very reliable, as it comes digitally direct from our partner retailers. However, the potential does exist for misreporting in the instance of duplicates, incorrectly classified products, inaccurate entry of products into point-of-sale systems, or even simple human error at the point of purchase. Thus, there is a slight margin of error to consider. Brands listed on this page are ranked in the top twenty within the market and product category by total retail sales volume.
