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Jun-2024
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Overview
Market Insights Snapshot
Revert Cannabis New York has shown notable performance in the New York market, particularly in the Flower category. Over the past few months, the brand has experienced fluctuations in its rankings, starting at 3rd place in March 2024, dipping slightly to 5th in both April and May, and climbing back to 4th in June 2024. Despite these shifts, the brand's sales figures have demonstrated a consistent upward trend, culminating in a significant increase to $794,372 in June. This suggests a strong market presence and growing consumer demand for Revert Cannabis New York's Flower products.
In contrast, the brand's performance in the Pre-Roll and Vapor Pens categories has been more varied. For Pre-Rolls, Revert Cannabis New York showed remarkable improvement, moving from a low ranking of 46th in March to 22nd in June. This upward trajectory is mirrored in their sales, which saw a substantial increase. Vapor Pens, however, have seen a more modest improvement, with the brand hovering around the 30th position, barely making it into the top 30. These movements indicate that while Revert Cannabis New York is gaining traction in some categories, there is still room for growth and improvement in others.
Competitive Landscape
In the highly competitive New York Flower category, Revert Cannabis New York has experienced notable fluctuations in its rank and sales over recent months. Starting strong in March 2024 with a rank of 3rd, Revert Cannabis New York saw a dip to 5th in April and May, before rebounding to 4th in June. This movement highlights the dynamic nature of the market and the intense competition from brands like LivWell, which consistently held the top two positions, and Matter., which climbed from 7th to 3rd place over the same period. Meanwhile, Electraleaf and Nanticoke also posed significant competition, with Electraleaf fluctuating between 4th and 6th positions and Nanticoke making a notable jump from 8th to 5th in June. These shifts underscore the need for Revert Cannabis New York to continuously innovate and adapt its strategies to maintain and improve its market position in the New York Flower category.
Notable Products
In June 2024, the top-performing product for Revert Cannabis New York was Pineapple Haze Pre-Roll (0.5g), which ascended to the number one spot with notable sales of 3160 units. Baby Yoda Pre-Roll (0.5g) followed closely in second place, improving from fourth place in May. Strawberry Amnesia Pre-Roll (0.5g) held the third position, dropping slightly from its second-place ranking in May. Strawberry Amnesia (3.5g) climbed to fourth place, showing a significant improvement from its fifth-place ranking the previous month. Sundae Driver Pre-Roll (0.5g) entered the rankings for the first time in June, securing the fifth position.
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