Srene

Data Snapshot: Apr 03, 2024
Srene Cannabis Brand Logo
$500K+

Mar-2024

Sales

Neutral

Trend

6-Month

53

Product Count

SKUs

Srene

Overview

Srene, a prestigious Nevada-based cannabis brand, specializes in the cultivation, production, and extraction of high-quality cannabis products. Distributed locally by Greenleaf Wellness, the brand remains at the forefront of the industry through rigorous perfection of its product development processes. Though Srene does not yet claim its brand profile, the company's smart, distinctive packaging stands out on store shelves.
Markets

Srene Locations

Product Trends

Srene Categories

Srene Sales

Market Insights Snapshot

Srene Historical Sales by Category

In the competitive cannabis market of Nevada, Srene has shown a varied performance across different product categories, with notable movements in rankings and sales. In the concentrates category, Srene has seen a slight improvement, moving from a rank of 35 in December 2023 to 32 by March 2024, indicating a gradual increase in market presence despite not breaking into the top 30. Conversely, their edible category struggled to make a significant impact, remaining outside the top 50 throughout the observed period, which might suggest a need for strategic adjustments. However, the flower category tells a different story, consistently maintaining a position in the mid-20s, demonstrating a stable demand for Srene's flower products in Nevada. This stability, however, contrasts with the more dynamic performance seen in the vapor pens category, where Srene made a significant leap from rank 43 in December 2023 to 15 in March 2024, accompanied by a substantial increase in sales, from 34,807 in December to 271,956 in March, highlighting a strong consumer preference and growing dominance in this segment.

While Srene's performance in Nevada's cannabis market exhibits both strengths and areas for improvement, the brand's trajectory in the vapor pens category is particularly noteworthy. This surge in rankings and sales could reflect effective marketing strategies, product quality, or shifts in consumer preferences towards vaping. On the other hand, the edibles category appears to be an area where Srene has yet to capitalize fully, remaining consistently outside the competitive threshold. The flower and concentrates categories show moderate but positive movements, suggesting a steady consumer base and potential for growth. These insights into Srene's performance across different cannabis product categories in Nevada provide a glimpse into the brand's market dynamics, indicating areas of success and potential growth opportunities. However, for a more comprehensive analysis, including specific strategies Srene could employ to enhance its market position, further detailed examination would be required.

Mar-2024 Rank
Concentrates
Edible
Flower
Vapor Pens
32
52
27
15
Srene

Competitive Landscape

In the competitive landscape of the Vapor Pens category in Nevada, Srene has shown a notable trajectory of improvement in its rank and sales over the recent months, moving from not being in the top 20 in December 2023 to securing the 15th rank by March 2024. This upward movement is significant, especially when compared to its competitors. For instance, Provisions experienced a slight decline, moving from the 13th position in December 2023 to the 14th by March 2024. Similarly, Church Cannabis Co. also saw a decrease, slipping from 10th to 16th in the same period. On the other hand, Savvy improved its standing, moving up to the 13th position by March 2024. BOUNTI remained relatively stable, ending up in the 17th position by March 2024. Srene's significant sales increase and improvement in rank, amidst a mix of declining and slightly improving performances from its competitors, highlight its growing prominence and potential in Nevada's Vapor Pens market.

Srene market ranking for NV Vapor Pens

Srene

Notable Products

In March 2024, Srene's top-performing product was the DayStripper Distillate Cartridge (1g) from the Vapor Pens category, securing the first rank with sales peaking at 1906 units. Following closely, the LAX Distillate Cartridge (1g) and the 747 Distillate Cartridge (1g), both also from the Vapor Pens category, took the second and third ranks with notable sales figures. The Daystripper (3.5g) from the Flower category, previously ranked third in December 2023, experienced a shift in consumer preference, landing it at the fourth position in March. Lastly, the Tahoe Sunrise Distillate Cartridge (1g) rounded out the top five, further emphasizing the dominance of Vapor Pens in Srene's sales for the month. This analysis highlights a significant consumer shift towards Vapor Pens, with the category claiming four out of the five top spots in March 2024.

Product Rank
Category
Dec-2023
Jan-2024
Feb-2024
Mar-2024
DayStripper Distillate Cartridge (1g)
Vapor Pens
>5
5
3
1
LAX Distillate Cartridge (1g)
Vapor Pens
>5
>5
>5
2
747 Distillate Cartridge (1g)
Vapor Pens
>5
>5
>5
3
Daystripper (3.5g)
Flower
3
>5
>5
4
Tahoe Sunrise Distillate Cartridge (1g)
Vapor Pens
>5
>5
>5
5
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