Tower Three

In the Massachusetts market, Tower Three has demonstrated a fluctuating performance across different cannabis categories. In the Concentrates category, the brand's ranking slipped from 52 in July 2023 to 64 in August 2023, indicating a drop in its market position. This could be a potential area of concern for the brand, as it suggests a decrease in competitiveness within this category. On a brighter note, their sales in this category, although not in the top 20, have shown some resilience, remaining reasonably stable over the past few months.

When it comes to the Flower category, Tower Three has shown a downward trend in its ranking, sliding from 19 in May 2023 to 37 in August 2023. Despite this drop in ranking, it's worth noting that the brand still maintains a strong presence in the top 40 brands in the state. Meanwhile, in the Pre-Roll category, Tower Three has made a significant leap from a ranking of 38 in June to 20 in August. This improvement indicates a positive shift in market position and could point to a successful product or marketing strategy within this category. However, it's important to note that these movements are part of a larger market context, and further analysis is needed to fully understand the implications.

In the Flower category within Massachusetts, Tower Three has seen a notable fluctuation in its ranking over the past few months. While it held a strong position in May 2023, ranking 19th, it has since seen a steady decline, dropping to 27th in June, 29th in July, and 37th in August. This suggests a decrease in sales relative to other brands in the same category and state, although specific sales numbers are not disclosed here. In comparison, Berkshire Roots and Bailey's Buds have also seen a drop in rank, but not as significant as Tower Three. On the other hand, Sanctuary Medicinals and Valorem have shown a more volatile ranking trend, with Sanctuary Medicinals even missing from the top 20 in May 2023. These shifts in rank indicate a highly competitive market, with brands constantly vying for the top spots.

In August 2023, the top-performing product from Tower Three was the 'Kush Mints Pre-Roll (1g)', maintaining its top position from the previous three months with sales reaching 4856 units. The 'Donny Burger Pre-Roll (1g)' climbed to the second position from third in July, with a significant increase in sales. The 'Blueberry French Toast Pre-Roll (1g)' moved up two ranks to the third position, sharing it with the 'RS11 Pre-Roll (1g)', a new entrant in the top tier. The 'White Truffle Pre-Roll (1g)' rounded out the top four, making its first appearance in the rankings. This demonstrates a dynamic market with consistent leaders and emerging competitors.