Rise (MI)

Data Snapshot: May 05, 2024
Rise (MI) Cannabis Brand Logo
$100K+

Apr-2024

Sales

Neutral

Trend

6-Month

64

Product Count

SKUs

Rise (MI)

Overview

Markets

Rise (MI) Locations

Product Trends

Rise (MI) Categories

Rise (MI) Sales

Market Insights Snapshot

Rise (MI) Historical Sales by Category

In the competitive Michigan market, Rise (MI) has demonstrated notable performance across various cannabis categories, with consistent rankings indicating strong consumer preference. Particularly in the Michigan market, Rise (MI) has maintained a top position in the Capsules and Tincture & Sublingual categories, securing the 2nd rank consistently from January to April 2024. This stability in rankings is complemented by a significant sales increase in both categories, with Capsules sales growing from $30,575 in January to $47,001 in April, and Tincture & Sublingual sales showing a more pronounced increase from $47,197 in January to $70,429 in April. However, the brand faced challenges in the Concentrates category, where it saw a fluctuating ranking, starting at 48th in January and improving to 34th by April, indicating a potential area for growth despite the upward trend.

On the other hand, the Topical category presents an interesting dynamic for Rise (MI), with rankings showing slight variability but overall improvement from January to April 2024. Starting at 4th in January and experiencing a dip to 8th in March, the brand managed to climb back to 5th by April. This fluctuation is noteworthy, especially considering the significant sales jump in April to $53,960, suggesting a strong recovery and possibly increased consumer interest in their Topical products during this period. The brand's performance across these categories in Michigan reflects a robust market presence with areas of exceptional strength in Capsules and Tincture & Sublingual, while also highlighting opportunities for strategic improvements in Concentrates and Topicals to further solidify its market position.

Apr-2024 Rank
Capsules
Concentrates
Tincture & Sublingual
Topical
2
34
2
5
Rise (MI)

Competitive Landscape

In the competitive landscape of the concentrates category in Michigan, Rise (MI) has shown a notable improvement in its ranking over the first four months of 2024, moving from 48th in January to 34th by April. This upward trajectory in rank is mirrored by a significant increase in sales, particularly from February to April, where Rise (MI) managed to outperform several competitors. Notably, Big Gas Extracts, despite not being ranked in January, surged ahead to secure the 30th position by April, with sales figures surpassing Rise (MI) in the same month. Conversely, Cannashine, which started strong at 16th in January, saw a decrease in rank to 31st by April, though it still maintained higher sales figures than Rise (MI). Other competitors like LivWell and Cloud Cover (C3) also experienced fluctuations in both rank and sales, but neither showed as significant an improvement in rank as Rise (MI). This analysis indicates a competitive but promising market for Rise (MI), highlighting the brand's potential for further growth and market penetration amidst fluctuating competitor dynamics.

Rise (MI) market ranking for MI Concentrates

Rise (MI)

Notable Products

In April 2024, Rise (MI) saw the CBD/THC/THCa 1:2:1 Advanced Strength Cream leading its sales with a significant figure of 1421 units, marking its rise to the top position from being second in February. Following closely was the THC Tincture, which maintained a stable performance, securing the second spot in April, slightly down from its highest rank in January. The THC Tablets 10-Pack, previously dominating the sales chart from January through March, experienced a slight dip, ranking third in April. Notably, the CBG Tablets 10-Pack made an impressive entry into the fourth position, showing a promising increase in consumer interest. Lastly, the Hybrid Distillate Dart marked its first appearance in the top five, indicating a diversifying consumer preference within the Rise (MI) product range.

Product Rank
Category
Jan-2024
Feb-2024
Mar-2024
Apr-2024
CBD/THC/THCa 1:2:1 Advanced Strength Cream (750mg CBD, 1500mgTHC, 750mgTHCa)
Topical
3
2
>5
1
THC Tincture (200mg)
Tincture & Sublingual
2
3
>5
2
THC Tablets 10-Pack (100mg)
Capsules
1
1
1
3
CBG Tablets 10-Pack (100mg CBG)
Capsules
>5
>5
4
4
Hybrid Distillate Dart (1g)
Concentrates
>5
>5
>5
5
View product & sales data

Top Selling Cannabis Brands

Simple, transparent pricing that grows with you. Try any plan free for 30 days.
Research the top cannabis brands across markets in the US and Canada.
Header image
User rating
start Today
Connect to Headset

Get Cannabis Market Data