Skymint

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

May-2024

Sales

Decline

Trend

6-Month

99

Product Count

SKUs

Skymint

Overview

Markets

Skymint Locations

Product Trends

Skymint Categories

Skymint Sales

Market Insights Snapshot

Skymint Historical Sales by Category

Skymint's performance in Michigan across various product categories shows a mix of stability and fluctuations. In the Concentrates category, Skymint has consistently stayed out of the top 30 rankings, with a slight improvement in March 2024 but falling back by May 2024. This indicates a need for strategic adjustments to gain a foothold in this competitive segment. On the other hand, the Edible category shows a positive trend, with Skymint moving up from rank 46 in February 2024 to rank 37 in May 2024, reflecting an increase in consumer preference for their edible products. The Flower category, while showing a drop in rankings from 13 in February to 21 in May, still maintains a strong presence, suggesting a solid market base despite some fluctuations.

In the Pre-Roll category, Skymint experienced a slight dip in rankings from February to April 2024 but showed recovery by May 2024, indicating resilience in this segment. Notably, the Vapor Pens category saw Skymint ranked at 69 in February 2024, but it dropped out of the top 30 in subsequent months, highlighting a significant challenge in maintaining market share within this product line. These movements underscore the varying degrees of competition and consumer preferences across different cannabis product categories in Michigan. For more detailed insights on Michigan's cannabis market, you can explore the data further here.

May-2024 Rank
Concentrates
Edible
Flower
Pre-Roll
Vapor Pens
69
37
21
24
Skymint

Competitive Landscape

In the competitive landscape of the Michigan Flower category, Skymint has experienced notable fluctuations in its rank and sales over recent months. As of May 2024, Skymint has seen a decline, moving from 13th place in February to 21st place, indicating a downward trend. This shift is significant when compared to competitors like Goldkine, which also experienced a decline but maintained a higher rank in March 2024 at 11th place before dropping to 23rd in May. Meanwhile, Glorious Cannabis Co. showed a similar downward trend, ending May at 22nd place. On the other hand, Dubs & Dimes demonstrated resilience by climbing back to 19th place in May after dropping out of the top 20 in April. Additionally, Mooon Juice showed a mixed performance but managed to rank 20th in May. These competitive dynamics suggest that while Skymint is facing challenges, the market remains volatile with opportunities for recovery and growth.

Skymint market ranking for MI Flower

Skymint

Notable Products

In May-2024, the top-performing product for Skymint was Honey Buns Pre-Roll (1g) with sales of 10,334 units, maintaining its number one rank from previous months. Wedding Cake Pre-Roll (1g) held steady at the second position, consistent with its rank in April-2024. Wonka Bars #13 Pre-Roll (1g) remained in the third spot, showing stability in its rankings over the past few months. Garlic Breath Pre-Roll (1g) also maintained its fourth place from April-2024. Singapore Sling Pre-Roll (1g) entered the rankings in fifth place, indicating a notable presence in the market.

Product Rank
Category
Feb-2024
Mar-2024
Apr-2024
May-2024
Honey Buns Pre-Roll (1g)
Pre-Roll
1
1
1
1
Wedding Cake Pre-Roll (1g)
Pre-Roll
2
3
2
2
Wonka Bars #13 Pre-Roll (1g)
Pre-Roll
4
2
3
3
Garlic Breath Pre-Roll (1g)
Pre-Roll
5
>5
4
4
Singapore Sling Pre-Roll (1g)
Pre-Roll
>5
>5
5
5
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