Shaka Cannabis Company

Data Snapshot: Jun 11, 2024
Shaka Cannabis Company Cannabis Brand Logo
$1M+

May-2024

Sales

Strong Growth

Trend

6-Month

64

Product Count

SKUs

Shaka Cannabis Company

Overview

Markets

Shaka Cannabis Company Locations

Product Trends

Shaka Cannabis Company Categories

Shaka Cannabis Company Sales

Market Insights Snapshot

Shaka Cannabis Company Historical Sales by Category

Shaka Cannabis Company has shown a stable performance in the Massachusetts market, particularly in the Flower category. Over the past few months, their ranking has remained consistent, holding the 9th position from February to April 2024, before dropping slightly to the 10th position in May 2024. This minor decline could be attributed to various market factors, but it is worth noting that their sales figures have also seen a slight decrease, from $1,070,907 in February to $904,237 in May. Despite this drop, maintaining a top 10 position in a competitive market like Massachusetts indicates a strong brand presence and customer loyalty.

In contrast, Shaka Cannabis Company's performance in the Pre-Roll category has been more volatile. Starting from an unranked position in February, they climbed to the 30th position in March and continued to improve to 26th in April, before falling back to 35th in May. This fluctuation suggests that while there is potential for growth in this category, the brand faces stiff competition. The sales figures reflect this inconsistency, with a peak in March at $200,677 and a subsequent decline to $191,836 in May. The ability to break into the top 30, even briefly, is a positive sign, but sustaining that ranking will require strategic efforts to stabilize and grow their market share.

May-2024 Rank
Flower
Pre-Roll
10
35
Shaka Cannabis Company

Competitive Landscape

In the highly competitive Massachusetts Flower category, Shaka Cannabis Company has demonstrated consistent performance, maintaining a top 10 rank from February to May 2024. However, its rank dropped slightly from 9th to 10th place in May. This shift can be attributed to the rise of Glorious Cannabis Co., which climbed from 13th in February to 8th in May, showing a significant upward trend. Additionally, Rythm experienced a notable fluctuation, dropping to 13th in April but rebounding to 9th in May, directly impacting Shaka's position. Meanwhile, Old Pal saw a decline, falling out of the top 10 in May, which could have provided an opportunity for Shaka to stabilize its rank. Despite these competitive dynamics, Shaka Cannabis Company has managed to maintain a strong presence, though continuous monitoring of these competitors is crucial for strategic positioning and sales optimization.

Shaka Cannabis Company market ranking for MA Flower

Shaka Cannabis Company

Notable Products

In May-2024, the top-performing product for Shaka Cannabis Company was Hypothermia #1 Pre-Roll (1g), which secured the first rank with sales of 6,667 units. Papaya Cake #5 Pre-Roll (1g) followed closely in second place, maintaining a strong position from previous months. Hells Banana #9 Pre-Roll (1g) entered the rankings at third place, while Gush Mints S1 #4 Pre-Roll (1g) came in fourth. Star Kush Pre-Roll (1g) dropped to fifth place from its top position in April-2024, indicating a notable shift in consumer preference. Overall, the rankings for May-2024 show a dynamic change with new entries and shifts in product performance compared to previous months.

Product Rank
Category
Feb-2024
Mar-2024
Apr-2024
May-2024
Hypothermia #1 Pre-Roll (1g)
Pre-Roll
>5
4
4
1
Papaya Cake #5 Pre-Roll (1g)
Pre-Roll
1
2
5
2
Hells Banana #9 Pre-Roll (1g)
Pre-Roll
>5
>5
>5
3
Gush Mints S1 #4 Pre-Roll (1g)
Pre-Roll
>5
>5
>5
4
Star Kush Pre-Roll (1g)
Pre-Roll
4
>5
1
5
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