Savvy

Data Snapshot: Jul 04, 2024
Savvy Cannabis Brand Logo
$5M+

Jun-2024

Sales

Growth

Trend

6-Month

629

Product Count

SKUs

Savvy

Overview

Savvy is an economically accessible cannabis brand launched by Verano, providing raw-cut flower products and vapes in larger quantities for greater savings. With a bold embrace of change, and a product line reflecting the evolving age of cannabis, Savvy unites passion with culture to offer consumers a wallet-friendly cannabis experience. The brand is primarily available in Illinois and Maryland, with strains such as Durban Dream gaining recognition in Florida.
Product Trends

Savvy Categories

Savvy Sales

Market Insights Snapshot

Savvy Historical Sales by Category

In the state of Arizona, Savvy has shown a notable performance in the Flower category, although with some fluctuations. Starting at the 17th rank in March 2024, Savvy climbed to 9th place by May 2024 but dropped to 14th in June 2024. This movement indicates a competitive landscape and a potential need for strategic adjustments to maintain higher rankings. In Maryland, Savvy has demonstrated consistent improvement in the Flower category, rising from 12th place in March 2024 to 6th place by June 2024, reflecting a strong upward trend and increasing market acceptance.

In Illinois, Savvy's performance in the Edible category has been steadily improving, moving from the 21st position in March 2024 to 14th by June 2024. This upward trajectory suggests growing consumer preference and effective market strategies. Conversely, in Massachusetts, Savvy's ranking in the Flower category has declined, falling out of the top 30 by June 2024, which could indicate challenges in that market. Notably, in Ohio, Savvy's Flower category saw a significant rise to 4th place in May 2024 but then dropped to 10th in June 2024, highlighting a volatile yet promising market presence.

Jun-2024 Rank
Flower
Edible
Vapor Pens
14
7
14
14
6
18
14
18
10
7
Savvy

Competitive Landscape

In the competitive landscape of the Illinois flower category, Savvy has experienced notable fluctuations in its ranking and sales over recent months. While Savvy started strong in March 2024 at rank 6, it saw a slight improvement to rank 5 in April before dropping to rank 7 by June. This decline in rank is mirrored by a downward trend in sales, with a peak in March at $3.98 million, followed by a steady decrease to $2.82 million in June. In contrast, &Shine maintained a higher and more stable position, consistently ranking between 3 and 5, with sales peaking at $6.02 million in March and remaining robust at $5.72 million in June. Similarly, Cresco Labs demonstrated resilience, improving its rank from 7 in March to 6 in June, with a corresponding increase in sales to $2.96 million. Meanwhile, Nature's Grace and Wellness and Aeriz showed more stability, with Nature's Grace and Wellness maintaining a rank around 8 and Aeriz improving from 11 to 9. These trends suggest that while Savvy faces strong competition, particularly from &Shine and Cresco Labs, there is potential for strategic adjustments to regain market share and improve sales performance.

Savvy market ranking for IL Flower

Savvy

Notable Products

In June 2024, the top-performing product for Savvy was Guap - Jungle Juice Macro Dosed Gummy (50mg), maintaining its number one rank from previous months with sales of 19,400 units. Guap - Blue Magic Macro Dose Gummy (25mg) also retained its consistent second-place ranking. The Guap - Blue Magic Macro Dose Gummy (100mg) climbed to the third position from its debut in May 2024. Happy Hour - Summer Melon Distillate Disposable (0.3g) saw an increase in sales to 8,050 units but remained in the fourth position. Motorbreath Smalls (3.5g) entered the rankings in fifth place, indicating a new strong performer in the Flower category.

Product Rank
Category
Mar-2024
Apr-2024
May-2024
Jun-2024
Guap - Jungle Juice Macro Dosed Gummy (50mg)
Edible
1
1
1
1
Guap - Blue Magic Macro Dose Gummy (25mg)
Edible
2
2
2
2
Guap - Blue Magic Macro Dose Gummy (100mg)
Edible
>5
>5
3
3
Happy Hour - Summer Melon Distillate Disposable (0.3g)
Vapor Pens
4
3
4
4
Motorbreath Smalls (3.5g)
Flower
>5
>5
>5
5
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