Sacred Herb Medicinals

Data Snapshot: May 05, 2024
Sacred Herb Medicinals Cannabis Brand Logo
$50K+

Apr-2024

Sales

Strong Growth

Trend

6-Month

27

Product Count

SKUs

Sacred Herb Medicinals

Overview

Markets

Sacred Herb Medicinals Locations

Product Trends

Sacred Herb Medicinals Categories

Sacred Herb Medicinals Sales

Market Insights Snapshot

Sacred Herb Medicinals Historical Sales by Category

In Nevada, Sacred Herb Medicinals has shown a noteworthy performance within the Pre-Roll category, demonstrating a consistent upward trajectory over the first four months of 2024. Starting the year outside of the top 30 brands for January, which is a significant detail indicating they were not a major player in the Nevada market at the beginning of the year, they have steadily climbed the ranks. By February, they made a notable entrance at rank 57, then improved to rank 41 in March, and further ascended to rank 34 by April. This progression suggests a growing consumer preference for Sacred Herb Medicinals' Pre-Roll products in Nevada, a positive trend for the brand. The sales figures back this up, with a remarkable increase from February's $17,938 to $54,470 by April, indicating strong sales growth alongside their improved market position.

However, the absence of Sacred Herb Medicinals in the top 30 brands across other states or categories within the same time frame suggests a more focused or limited market penetration strategy. This could be interpreted in several ways; it might indicate a strategic concentration on the Nevada market, or perhaps challenges in expanding their market reach beyond this initial success. The significant sales increase in Nevada, from not being in the top 30 in January to achieving substantial sales by April, highlights their potential in the Pre-Roll category within this state. Yet, the lack of visibility in other markets or categories raises questions about their overall brand performance and strategy. Investors and competitors alike will be watching to see if Sacred Herb Medicinals can leverage their growing momentum in Nevada to expand further or if they will remain a regional contender within this specific category.

Apr-2024 Rank
Pre-Roll
34
Sacred Herb Medicinals

Competitive Landscape

In the competitive landscape of the Pre-Roll category in Nevada, Sacred Herb Medicinals has shown a notable trajectory of improvement in its rank and sales, despite not being ranked in the top 20 brands in January 2024. Starting from not being ranked, Sacred Herb Medicinals made a significant leap to rank 57th in February, then to 41st in March, and further improved to 34th in April 2024. This upward trend is indicative of growing consumer interest and increasing sales volume, with sales escalating from 17,938 in February to 54,470 by April. In comparison, Matrix NV and TRYKE have shown fluctuations in their rankings but remained above Sacred Herb Medicinals throughout these months. Notably, Hustler's Ambition, a direct competitor, entered the rankings in March and outperformed Sacred Herb Medicinals by securing the 33rd rank in April, showcasing a slightly better performance in terms of rank improvement and sales. Twelve Twelve also presented a competitive edge by closely trailing Sacred Herb Medicinals in April, ranking 35th. This competitive analysis highlights Sacred Herb Medicinals' significant growth and potential in the Nevada Pre-Roll market, despite strong competition and newer entrants showing aggressive positioning.

Sacred Herb Medicinals market ranking for NV Pre-Roll

Sacred Herb Medicinals

Notable Products

In April 2024, Sacred Herb Medicinals saw Scooby Snacks Pre-Roll (1g) as its top-selling product with 2093 units sold, climbing from the second position in the previous two months to lead the rankings. Compound Z Pre-Roll (1g) made a significant leap to the second spot, despite not being ranked in March, showcasing a remarkable recovery and customer interest. Kush Mints Pre-Roll (1g), which led the sales in March, slipped to the third position in April, indicating a shift in consumer preferences within Sacred Herb Medicinals' product range. Atmospheric River Pre-Roll (1g) and Devil Driver Pre-Roll (1g) rounded out the top five, holding the fourth and fifth positions, respectively, with Devil Driver making its first appearance in the top rankings in April. These changes highlight dynamic customer preferences and the competitive nature of the product offerings from Sacred Herb Medicinals.

Product Rank
Category
Jan-2024
Feb-2024
Mar-2024
Apr-2024
Scooby Snacks Pre-Roll (1g)
Pre-Roll
>5
2
2
1
Compound Z Pre-Roll (1g)
Pre-Roll
5
>5
>5
2
Kush Mints Pre-Roll (1g)
Pre-Roll
>5
3
1
3
Atmospheric River Pre-Roll (1g)
Pre-Roll
2
>5
>5
4
Devil Driver Pre-Roll (1g)
Pre-Roll
>5
>5
5
5
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