TeaPot

Data Snapshot: May 05, 2024
TeaPot Cannabis Brand Logo
$50K+

Apr-2024

Sales

Neutral

Trend

6-Month

5

Product Count

SKUs

TeaPot

Overview

TeaPot, a forward-thinking endeavor from The Boston Beer Company, is a line of cannabis-infused iced teas, legally produced in Canada. With a selection of distinct flavors, evident in offerings such as their Mango Green Tea, each 355ml can contains 5mg of THC, providing a mellow, non-alcoholic experience. This innovative range not only refreshes but expands the traditional boundaries of beverage indulgence.
Markets

TeaPot Locations

Product Trends

TeaPot Categories

TeaPot Sales

Market Insights Snapshot

TeaPot Historical Sales by Category

In British Columbia, TeaPot has shown a remarkable performance in the Beverage category, managing to secure a spot within the top 30 brands consistently over the observed period. Starting at rank 13 in January 2024, the brand experienced a temporary disappearance from the rankings in February, which could indicate a strategic adjustment or supply issues. However, TeaPot made a significant comeback in March and April, improving to rank 9 in both months. This upward trend is underscored by a substantial increase in sales from January's $16,127 to $57,530 in April, highlighting a successful recovery and growing consumer interest in their Beverage offerings within the province.

Contrastingly, TeaPot's trajectory in the Ontario market tells a different story. While the brand managed to hold a position within the top 30 in the Beverage category at the beginning of the year, its rank fluctuated more dramatically, peaking at 19 in January before falling to 34 in March, then partially recovering to 22 in April. This volatility might reflect competitive challenges or operational hiccups in meeting the market's demand. Despite these fluctuations, there was a notable rebound in sales from $10,613 in March to $34,477 in April, suggesting that TeaPot was able to regain some of its lost ground. This recovery could be a sign of resilience and adaptability in the face of Ontario's competitive cannabis beverage market.

Apr-2024 Rank
Beverage
9
22
TeaPot

Competitive Landscape

In the competitive landscape of the beverage category in British Columbia, TeaPot has shown a notable trajectory in terms of rank and sales, despite a brief absence from the top 20 in February 2024. Starting at a rank of 13th in January, TeaPot's strategic maneuvers and perhaps changes in consumer preferences propelled it to the 9th position by March and April 2024. This upward movement is underscored by a significant increase in sales, jumping from initial figures to a robust performance in March and April. Competing brands such as Ray's Lemonade and Green Monke have also shown strong performances, with Green Monke notably securing higher sales than TeaPot in April. However, TeaPot's growth trajectory, especially in the absence of February data, suggests a rapidly growing consumer base or successful marketing strategies that could challenge the positions of established competitors like Solei and HYTN, both of which have experienced fluctuations in their ranks but maintain a consistent presence in the market. This competitive analysis highlights TeaPot's potential to further disrupt the market dynamics and possibly achieve higher ranks and sales in the future.

TeaPot market ranking for BC Beverage

TeaPot

Notable Products

In Apr-2024, TeaPot's top-performing product was Good Day - Mango Green Tea Iced Tea (5mg THC, 355ml) in the Beverage category, maintaining its number one rank from the previous months with impressive sales of 7386 units. Following closely, the second rank was held by Good Day - Lemon Black & Pedro's Sweet Sativa Iced Tea (5mg THC, 12oz), also in the Beverage category, consistently securing its position since January. The third spot was occupied by Good Evening - Blueberry Chamomile Iced Tea (5mg THC, 355ml), which has remained steady in its ranking throughout the four months. Notably, all top products showed a consistent performance in terms of their rankings from January to April, indicating a stable consumer preference. These rankings highlight TeaPot's dominance in the Beverage category with their consistent top sellers.

Product Rank
Category
Jan-2024
Feb-2024
Mar-2024
Apr-2024
Good Day - Mango Green Tea Iced Tea (5mg THC, 355ml)
Beverage
1
1
1
1
Good Day - Lemon Black & Pedro's Sweet Sativa Iced Tea (5mg THC, 12oz)
Beverage
2
2
2
2
Good Evening - Blueberry Chamomile Iced Tea (5mg THC, 355ml)
Beverage
3
3
3
3
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