Aug-2024
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Overview
Market Insights Snapshot
Seed and Smith (LBW Consulting) has shown notable performance in the Colorado market across various product categories. Specifically, in the Concentrates category, the brand has seen a consistent upward trajectory, moving from a rank of 29 in May 2024 to 14 in August 2024. This positive trend is indicative of growing consumer preference and market penetration. In the Flower category, the brand also made significant progress, climbing from a rank of 53 in May 2024 to 35 by August 2024. However, it is worth mentioning that Seed and Smith did not make it into the top 30 brands in the Pre-Roll category for June and August, which could suggest either a strategic shift or a need for improvement in that segment.
In the Vapor Pens category, Seed and Smith (LBW Consulting) maintained relatively stable rankings, fluctuating slightly but remaining within the top 30 across the months analyzed. The brand's rank was 25 in May 2024, dipped slightly to 27 in June, and then returned to 25 in July before improving to 23 in August. This stability in a competitive category highlights the brand's resilience and consistent consumer demand. The movement across these categories and months provides a comprehensive overview of Seed and Smith's performance, suggesting strong areas of growth and potential opportunities for improvement in Colorado.
Competitive Landscape
In the competitive landscape of Vapor Pens in Colorado, Seed and Smith (LBW Consulting) has shown a relatively stable performance over the past few months, though it has faced challenges in climbing the ranks. Seed and Smith (LBW Consulting) ranked 25th in May 2024, dropped to 27th in June, and then improved slightly to 25th and 23rd in July and August, respectively. This indicates a modest recovery but highlights the competitive pressure from brands like EvoLab, which saw a significant jump from 29th to 18th between May and June before stabilizing around the 22nd and 24th positions. Similarly, Olio maintained a stronger position, consistently ranking between 15th and 21st, suggesting a robust market presence. Meanwhile, Dabble Extracts and Edun showed more volatility, with Dabble Extracts improving from 35th to 22nd and Edun dropping from 16th to 25th. These dynamics indicate that while Seed and Smith (LBW Consulting) is holding its ground, there is significant competition from both established and emerging brands, impacting its ability to climb higher in the ranks and potentially affecting long-term sales growth.
Notable Products
In August 2024, the top-performing product from Seed and Smith (LBW Consulting) was Mac Stax (14g) in the Flower category, which climbed to the first rank with notable sales of 1400 units. Orange Cookies Chem Live Terp Cartridge (1g) in the Vapor Pens category also saw a significant rise, moving up to the second position from fifth in July 2024, with sales reaching 1195 units. Apricot Scone Sugar Wax (1g) in the Concentrates category debuted at the third rank with sales of 1128 units. Space Force Live Resin Cartridge (1g) dropped to the fourth position from second in May 2024, with sales of 1106 units. Lastly, Super Boof Live Resin Cartridge (1g) entered the rankings at the fifth position in August 2024 with sales of 1023 units.
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.