Tidal

Data Snapshot: Jun 11, 2024
Tidal Cannabis Brand Logo
<$50K

May-2024

Sales

Decline

Trend

6-Month

28

Product Count

SKUs

Tidal

Overview

Tidal Health Solutions, now a division of Greentone, is a reputable cannabis brand known for its broad range of specialty products. It stands out for its potent hybrids like Thaidal Wave, which offer a dynamic array of effects suitable for various uses including daytime activity and creative projects. Tidal's commitment to patient-centered care, an expertise derived from its vast medical staff, ensures trusted and high-quality cannabis offerings.
Markets

Tidal Locations

Product Trends

Tidal Categories

Tidal Sales

Market Insights Snapshot

Tidal Historical Sales by Category

Tidal's performance in the Concentrates category has shown notable fluctuations across different states and months. In Nevada, Tidal's ranking in the Concentrates category has seen a downward trend from February to May 2024. The brand started at rank 14 in February and dropped to rank 24 in March. By April and May, Tidal barely maintained its position within the top 30, holding steady at rank 28. This decline in ranking suggests that Tidal may be facing increased competition or challenges in maintaining its market share within this category in Nevada. The sales figures also reflect this trend, with a significant drop from February to March, followed by some recovery in May.

Interestingly, Tidal's presence in other states and categories was not significant enough to place them within the top 30 brands, indicating either a lack of market penetration or strong competition in those regions and categories. This absence from the top rankings could be seen as a potential area for improvement or an indication of strategic focus on specific markets like Nevada. The fluctuations in Nevada highlight the importance of continuous market analysis and adaptation to maintain and improve brand positioning. While the detailed sales data provides some insights, the broader trends suggest a need for strategic adjustments to regain and enhance market presence.

May-2024 Rank
Concentrates
28
Tidal

Competitive Landscape

In the competitive landscape of Nevada's concentrates category, Tidal has experienced notable fluctuations in its rank and sales over the past few months. Starting from a strong position at 14th in February 2024, Tidal's rank dropped to 24th in March and further declined to 28th in both April and May. This decline in rank is accompanied by a significant reduction in sales, from 54,352 units in February to just 20,241 units in May. In contrast, Spiked Flamingo showed a more dynamic performance, peaking at 16th in March and then dropping to 29th in May, albeit with higher sales figures compared to Tidal. Meanwhile, Provisions and Doctor Solomon's have shown intermittent presence, with Provisions re-entering the top 30 in May and Doctor Solomon's maintaining a relatively stable position around the 26th to 30th ranks. The competitive pressure from these brands indicates a challenging market environment for Tidal, emphasizing the need for strategic adjustments to regain its earlier momentum.

Tidal market ranking for NV Concentrates

Tidal

Notable Products

In May-2024, the top-performing product for Tidal was Breakfast Cereal Cured Resin Honeycomb (1g) in the Concentrates category, which rose to the number one spot with sales of 289 units. Blue Dream Live Resin Sugar (1g), another product in the Concentrates category, dropped to second place from its previous first-place ranking in April-2024. Pop Rockz Live Resin Sugar (0.95g) secured the third position, showing a significant entry into the rankings. Shortbread Cookies Live Resin Sugar (1g) moved up to fourth place, indicating a steady increase in popularity. Rainbow Sherbet #11 Live Resin Sugar (1g) appeared in the rankings for the first time, landing in fifth place.

Product Rank
Category
Feb-2024
Mar-2024
Apr-2024
May-2024
Breakfast Cereal Cured Resin Honeycomb (1g)
Concentrates
>5
>5
2
1
Blue Dream Live Resin Sugar (1g)
Concentrates
>5
1
1
2
Pop Rockz Live Resin Sugar (0.95g)
Concentrates
2
>5
>5
3
Shortbread Cookies Live Resin Sugar (1g)
Concentrates
>5
3
>5
4
Rainbow Sherbet #11 Live Resin Sugar (1g)
Concentrates
>5
>5
>5
5
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