Market Insights Snapshot
In the Nevada market, Spiked Flamingo has shown a consistent performance in the 'Pre-Roll' category, maintaining a top 10 ranking from August to November 2023. Interestingly, the brand saw a significant improvement in the 'Vapor Pens' category, moving from a rank of 76 in August to 37 in November. This suggests a positive upward trend in this category. However, their performance in the 'Concentrates' category has been somewhat inconsistent, with the brand not featuring in the top 20 in August, but then bouncing back to rank 31 in November.
Spiked Flamingo's performance in the 'Tincture & Sublingual' category in Nevada is particularly noteworthy. The brand has steadily climbed the ranks from 4 in August to 1 in November, indicating a clear dominance in this category. On the other hand, the brand's 'Vapor Pens' category saw a dip in ranking from 28 in October to 37 in November, which might be a point of concern. It's worth noting that despite these rank fluctuations, Spiked Flamingo's sales figures have generally shown an upward trend across categories, signaling overall growth for the brand in the Nevada market.
In the competitive landscape of the Pre-Roll category in Nevada, Spiked Flamingo has shown a consistent performance, maintaining a position within the top 10 brands over the period from August to November 2023. Notably, Spiked Flamingo outperformed Shango and Verano in terms of ranking, despite these brands having similar sales volumes. The brand also showed a competitive edge over Packwoods in September and October, but fell behind in November. The most significant competitor appears to be &Shine, consistently ranking higher and showing a stronger sales trend. It's important to note that a missing rank for any month indicates that the brand was not in the top 20 for that month, which was not the case for Spiked Flamingo during this period.
In November 2023, the top-performing product from Spiked Flamingo was the Gushers Diamond Infused Pre-Roll (1g), moving up from second place in October to claim the top spot with 1803 units sold. The Cherry Diesel Infused Pre-Roll (1g), which didn't rank in the top five in October, made a significant leap to second place. The Royal Flush Infused Pre-Roll (1g) dropped from first place in October to third place. Two new entries in the top five were the Triple 7 Infused Pre-Roll (1g) and Orangecello Infused Pre-Roll (1g), ranking fourth and fifth respectively. These shifts in rankings suggest an evolving preference among Spiked Flamingo customers.