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Jun-2024
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Overview
Market Insights Snapshot
Smokiez Edibles has shown a consistent performance across several states, with notable improvements and stable rankings in key markets. In Arizona, the brand has climbed steadily from 7th place in March 2024 to 5th place by June 2024, reflecting a positive trend in consumer preference. Conversely, in California, Smokiez Edibles has maintained a steady 7th place ranking over the past four months despite a slight decline in sales. The brand's performance in Colorado has been more volatile, with rankings fluctuating between 8th and 12th place, indicating a competitive market environment. In Maryland, Smokiez Edibles has remained consistently in the top 10, though it saw a drop from 9th to 10th place in April 2024, suggesting some challenges in maintaining its market position.
In Missouri, Smokiez Edibles has demonstrated remarkable consistency, holding the 2nd place rank from April to June 2024 after initially securing the top spot in March. This indicates a strong foothold in the Missouri market. However, the brand did not make it into the top 30 in Michigan until June 2024, when it ranked 41st, highlighting potential growth opportunities. In New York, the brand has consistently held the 5th place position, showcasing a stable market presence. Similarly, in Ohio and Oregon, Smokiez Edibles has maintained a 5th place ranking, indicating steady consumer demand. In Washington, the brand's performance has been consistent at the 8th position, with a slight increase in sales in June 2024, suggesting a growing consumer base.
Competitive Landscape
In the competitive landscape of the Missouri edibles market, Smokiez Edibles has experienced notable shifts in rank and sales over recent months. Despite starting as the top-ranked brand in March 2024, Smokiez Edibles slipped to second place from April to June 2024, overtaken by Gron / Grön. This change in rank is significant as it indicates a competitive pressure that Smokiez Edibles needs to address to reclaim its leading position. Meanwhile, other competitors like Good Day Farm and Wyld have maintained consistent ranks at third and fourth places, respectively, suggesting a stable market presence. The sales figures for Smokiez Edibles show a downward trend from March to May 2024, with a slight recovery in June 2024, highlighting the need for strategic marketing efforts to boost sales and regain market dominance.
Notable Products
In June 2024, the top-performing product from Smokiez Edibles was the Sativa Sour Peach Fruit Chews 10-Pack (100mg), maintaining its first-place ranking with sales of 26,560 units. The Hybrid Sour Watermelon Fruit Chews 10-Pack (100mg) held steady in second place, showing consistent performance over the past few months. Indica Sour Blue Raspberry Fruit Chews 10-Pack (100mg) also remained in third place, demonstrating stable demand. Sweet Watermelon Live Resin Fruit Chews 10-Pack (100mg) improved its sales figures significantly, although it stayed in fourth place. Finally, the Sativa Sweet Peach Fruit Chews 20-Pack (100mg) retained its fifth-place ranking, showing a notable increase in sales compared to previous months.
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