Sofa King Tasty

Data Snapshot: Apr 04, 2024
Sofa King Tasty Cannabis Brand Logo
$50K+

Mar-2024

Sales

Decline

Trend

6-Month

15

Product Count

SKUs

Sofa King Tasty

Overview

Markets

Sofa King Tasty Locations

Product Trends

Sofa King Tasty Categories

Sofa King Tasty Sales

Market Insights Snapshot

Sofa King Tasty Historical Sales by Category

In the Arizona market, Sofa King Tasty has shown a fluctuating but overall downward trend in the Edibles category over the recent months. Starting at a rank of 23 in December 2023, they managed to improve slightly to 20th place in January 2024, suggesting a positive reception or strategic marketing efforts paying off. However, this upward momentum was short-lived, as the brand slipped to 24th place in February and further down to 28th in March 2024. This decline in ranking is mirrored by a corresponding decrease in sales, from $72,792 in December 2023 to $46,293 by March 2024. The movement indicates challenges in maintaining market position amidst competitive pressures or possibly shifting consumer preferences within the state's edible cannabis market.

The trajectory of Sofa King Tasty in Arizona's Edible category underscores the volatile nature of the cannabis market, where brand positions can shift significantly within a few months. The initial improvement in ranking from December 2023 to January 2024 suggests that the brand has potential appeal or had executed effective strategies at that time. However, the subsequent decline to being ranked 28th by March 2024—highlighting a period where they were not within the top 30 brands—signals a need for reevaluation of their market approach or product offerings. These movements provide valuable insights into the competitive dynamics and consumer preferences that influence brand performance in the cannabis industry, particularly within specific states and categories.

Mar-2024 Rank
Edible
28
Sofa King Tasty

Competitive Landscape

In the competitive landscape of the edible cannabis market in Arizona, Sofa King Tasty has experienced a fluctuating performance in terms of rank and sales from December 2023 to March 2024. Initially ranked 23rd in December, it improved slightly to 20th in January, before dropping to 24th in February and further to 28th in March, indicating a challenging period for the brand amidst stiff competition. Notably, Sir Newton's showed a remarkable upward trajectory, moving from a rank of 44th in December to 26th by March, alongside a significant increase in sales. In contrast, Mind Ryte and Tipsy Turtle maintained more stable positions, with Mind Ryte slightly outperforming Sofa King Tasty by March. Aunt Ellie's, while having a lower rank initially, saw a notable sales increase in March, potentially indicating a rising competitor. This analysis underscores the dynamic nature of the edible cannabis market in Arizona, with Sofa King Tasty facing both opportunities and challenges as it navigates through fluctuating ranks and sales amidst its competitors.

Sofa King Tasty market ranking for AZ Edible

Sofa King Tasty

Notable Products

In March 2024, Sofa King Tasty saw Skunkee (1g) maintain its top position from the previous months, recording sales of 1829 units, highlighting its consistent popularity in the Flower category. The Sativa Watermelon Gummies (100mg) from the Edible category made a notable climb to the second rank, indicating a growing preference for edibles among consumers. Skunkee (3.5g), another product in the Flower category, slipped to the third position, showing a shift in consumer purchase patterns within the same category. The Reversed Rice Crispy S'mores Bar (100mg) and Cookies & Dream Bar (100mg) secured the fourth and fifth ranks, respectively, underscoring a diverse interest in the Edible category. These rankings reflect a dynamic market, with significant month-to-month changes in consumer preferences and product performance within Sofa King Tasty's offering.

Product Rank
Category
Dec-2023
Jan-2024
Feb-2024
Mar-2024
Skunkee (1g)
Flower
2
1
1
1
Sativa Watermelon Gummies (100mg)
Edible
>5
5
>5
2
Skunkee (3.5g)
Flower
1
2
2
3
Reversed Rice Cripsy S'mores Bar (100mg)
Edible
5
3
3
4
Cookies & Dream Bar (100mg)
Edible
4
4
>5
5
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