Aug-2024
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Overview
Market Insights Snapshot
Sun God Medicinals has shown a notable performance in the Oregon market, particularly within the Tincture & Sublingual category. After not being in the top 30 brands in May 2024, they made a significant entry at rank 12 in June 2024, and have maintained their presence in the rankings since then. Their position slightly fluctuated to rank 13 in July 2024 but improved to rank 11 in August 2024, indicating a positive trend in consumer preference and market penetration. This movement suggests a growing acceptance and trust in their products within the state.
Despite the positive trend in Oregon, the absence of Sun God Medicinals from the top 30 brands in May 2024 highlights a challenging period for the brand. However, their subsequent rise in the rankings demonstrates resilience and effective market strategies. The fluctuations in their ranking positions could be attributed to varying market dynamics and competitive pressures, but the overall upward movement is a promising indicator of their potential to further solidify their market position in the coming months.
Competitive Landscape
In the Oregon Tincture & Sublingual category, Sun God Medicinals experienced notable fluctuations in rank and sales over the past few months. Starting from a non-ranking position in May 2024, Sun God Medicinals climbed to 12th place in June, dropped to 13th in July, and then improved to 11th in August. This indicates a volatile but generally upward trend in market presence. In comparison, Medicine Farm showed a more stable performance, ranking 14th in May, missing the top 20 in June, and then rising to 11th and 12th in July and August, respectively. Peak Extracts maintained a consistent presence in the top 20, although its rank declined from 11th in May and June to 12th in July, and it fell out of the top 20 in August. Meanwhile, Bobsled Extracts and Crown B Alchemy consistently outperformed Sun God Medicinals, with Bobsled Extracts ranking between 5th and 10th and Crown B Alchemy maintaining a top 10 position throughout the period. This competitive landscape suggests that while Sun God Medicinals is gaining traction, it faces stiff competition from more established brands, which could impact its long-term sales growth and market positioning.
Notable Products
In August 2024, the top-performing product from Sun God Medicinals was Ra cannabis - CBD/THC 1:1 Indica Tincture (300mg CBD, 300mg THC, 30ml, 1oz), which achieved first place with sales of 106 units. This product had consistently ranked second in the previous three months. Ra Hemp - CBD Green Dragon Tincture (1000mg CBD, 30ml) dropped to second place from its consistent first-place ranking in May, June, and July. The CBD Hypnos Sleep Tincture (500mg CBD, 30ml) entered the rankings for the first time in August, securing the third spot. The Ra Hemp - CBD/THC/CBG 1:1:1 Green Dragon Tincture (1000mg CBD, 1000mg THC, 1000mg CBG, 30ml, 1oz) maintained its third-place ranking from July to August.
Top Selling Cannabis Brands
Data for this report comes from real-time sales reporting by participating cannabis retailers via their point-of-sale systems, which are linked up with Headset’s business intelligence software. Headset’s data is very reliable, as it comes digitally direct from our partner retailers. However, the potential does exist for misreporting in the instance of duplicates, incorrectly classified products, inaccurate entry of products into point-of-sale systems, or even simple human error at the point of purchase. Thus, there is a slight margin of error to consider. Brands listed on this page are ranked in the top twenty within the market and product category by total retail sales volume.