TANK

Data Snapshot: Apr 03, 2024
TANK Cannabis Brand Logo
$100K+

Mar-2024

Sales

Strong Growth

Trend

6-Month

30

Product Count

SKUs

TANK

Overview

Markets

TANK Locations

Product Trends

TANK Categories

TANK Sales

Market Insights Snapshot

TANK Historical Sales by Category

In the competitive landscape of the Missouri cannabis market, the brand TANK has shown a notable performance within the Vapor Pens category. Starting at a rank of 29 in December 2023, TANK made a significant leap to the 22nd position by January 2024, and continued to climb, albeit at a slower pace, reaching the 21st position in February before stabilizing at the 22nd rank in March 2024. This upward movement in rankings is particularly impressive given the competitive nature of the market, and it suggests a growing consumer preference for TANK's offerings in this category. The sales figures reflect this positive trajectory, with a notable increase from $276,808 in December 2023 to $473,425 by March 2024, indicating not only a solidifying market position but also an expanding customer base.

However, the absence of TANK from the top 30 brands in other states or categories within the same timeframe suggests a focus or success limited to the Missouri Vapor Pens market. This could be interpreted in several ways; it might indicate a strategic concentration on dominating this specific category and market before expanding further or it could highlight a potential area for growth and expansion for the brand. The consistent improvement in rankings and sales within Missouri underscores TANK's effectiveness in engaging with its target audience and meeting consumer demand in this segment. Yet, for stakeholders and interested parties, the question remains whether TANK will leverage this momentum to broaden its market reach or continue to deepen its roots in the Missouri Vapor Pens category.

Mar-2024 Rank
Vapor Pens
22
TANK

Competitive Landscape

In the competitive landscape of the Vapor Pens category in Missouri, TANK has demonstrated a notable upward trajectory in both rank and sales from December 2023 to March 2024. Starting at a rank of 29 in December, TANK improved its position significantly to rank 22 by March 2024. This improvement in rank is mirrored by a consistent increase in sales over the same period, underscoring TANK's growing market presence. Among its competitors, Select showed a declining trend, dropping from 8th to 20th place, despite starting from a much higher rank. Conversely, Greenlight made a remarkable leap from being outside the top 20 to securing the 21st position by March, with a significant sales increase. Farmer G and Packwoods also showed improvements but remained below TANK in terms of rank by March 2024. This analysis highlights TANK's competitive edge and growth potential within the Missouri vapor pen market, positioning it as a brand to watch amidst shifting consumer preferences and market dynamics.

TANK market ranking for MO Vapor Pens

TANK

Notable Products

In March 2024, TANK's top-performing product was the Cherry Berry Bliss Distillate Cartridge (1g) in the Vapor Pens category, securing the number one rank with sales figures reaching 1544 units. Following closely, the True Grit Distillate Cartridge (0.5g) maintained a consistent performance, ranking second in March after holding the third position in the previous three months. The Pink Bubba Pop Distillate Cartridge (1g) showed notable progress, moving up to the third rank in March from the fourth position in January, highlighting a growing consumer interest. The Poison OG x Dank Dessert Distillate Cartridge (0.5g) made its entry into the rankings directly at the fourth position, indicating a successful launch. Meanwhile, the Forest Berry Fusion CDT Distillate Cartridge (1g), despite being the top seller in January and February, experienced a decline, dropping to the fifth rank in March.

Product Rank
Category
Dec-2023
Jan-2024
Feb-2024
Mar-2024
Cherry Berry Bliss Distillate Cartridge (1g)
Vapor Pens
5
>5
>5
1
True Grit Distillate Cartridge (0.5g)
Vapor Pens
3
3
3
2
Pink Bubba Pop Distillate Cartridge (1g)
Vapor Pens
>5
4
>5
3
Poison OG x Dank Dessert Distillate Cartridge (0.5g)
Vapor Pens
>5
>5
>5
4
Forest Berry Fusion CDT Distillate Cartridge (1g)
Vapor Pens
>5
1
1
5
View product & sales data

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