Trend
Strong Decline
Oct-2023 Sales
$50K+
Product Count
16
Updated
11/3/2023
Markets

Spot

SPOT, founded in Seattle in 2014, meticulously infuses its edibles with specific quantities of sativa, indica, hybrid, and CBD varieties to offer tailored experiences. Every batch undergoes testing to guarantee accuracy, establishing SPOT as a leader in precision and tasty edibles.
Spot Historical Sales by Category

Market Insights Snapshot

Spot, a prominent cannabis brand, has shown a consistent performance in the Edible category in Washington. Over the four-month period from July to October 2023, the brand has managed to maintain a spot within the top 20 brands in the state. Although there has been a slight dip in its ranking, moving from the 16th position in July and August to the 18th in October, it's noteworthy that Spot has remained competitive in a saturated market. However, the brand's sales have seen a downward trend, with July sales of approximately 124,904 units dropping to roughly 91,221 units by October.

While the slight drop in rankings and sales might raise eyebrows, it's important to note that maintaining a position within the top 20 brands is no small feat, considering the competitive nature of the cannabis industry in Washington. The fact that Spot has managed to stay within this ranking indicates a loyal customer base and a steady demand for their products in the Edible category. However, the declining sales figures suggest that there may be room for improvement in their marketing or product development strategies. Overall, Spot's performance presents a mix of stability and potential for growth in the Washington cannabis market.

Oct-2023 Rank
Edible
18

Competitive Landscape

In the Washington edible cannabis market, Spot has maintained a consistent presence in the top 20 brands, although its rank has slightly decreased from 16th in July to 18th in October 2023. Spot's sales have also seen a downward trend during this period. Its closest competitors, June's Sweets & Savories and Hellavated, have shown similar trends in rank and sales, with June's Sweets & Savories slightly outperforming Spot in October. However, Cosmic Candy, which was not in the top 20 in July, has shown a positive trend, moving up to 17th place by October and surpassing Spot in sales. Constellation Cannabis has also fluctuated in the rankings, but its sales have generally been lower than Spot's.

Spot market ranking for WA Edible

Notable Products

In October 2023, Spot's top-performing product was the 'Vacation Blend - CBD/THC 1:1 Indica Dark Chocolate Squares 10-Pack' with 1299 units sold. It has consistently held the top position since July 2023. The second spot was taken by the 'Vacation Blend - CBD/THC 1:1 Indica Milk Chocolate Bar 10-Pack' with a slight increase in sales from September. The 'Vacation Blend - CBD/THC 1:1 Indica Strawberry Fruit Chews 10-Pack' moved up one place to third position, while the 'Adventure Blend - CBD/THC 3:10 Sativa Dark Chocolate Bar 10-Pack' improved its ranking to fourth. The 'Vacation Blend - CBD/THC 1:1 Indica Orange Cream Fruit Chew 10-Pack' dropped to fifth place in October.

Product Rank
Category
Jul-2023
Aug-2023
Sep-2023
Oct-2023
Vacation Blend - CBD/THC 1:1 Indica Dark Chocolate Squares 10-Pack (100mg CBD, 100mg THC)
Edible
1
1
1
1
Vacation Blend - CBD/THC 1:1 Indica Milk Chocolate Bar 10-Pack (100mg CBD, 100mg THC)
Edible
2
2
2
2
Vacation Blend - CBD/THC 1:1 Indica Strawberry Fruit Chews 10-Pack (100mg CBD, 100mg THC)
Edible
4
3
4
3
Adventure Blend - CBD/THC 3:10 Sativa Dark Chocolate Bar 10-Pack (30mg CBD, 100mg THC)
Edible
5
5
5
4
Vacation Blend - CBD/THC 1:1 Indica Orange Cream Fruit Chew 10-Pack (100mg CBD, 100mg THC)
Edible
3
4
3
5
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