Valhalla Confections

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

May-2024

Sales

Strong Growth

Trend

6-Month

5

Product Count

SKUs

Valhalla Confections

Overview

Markets

Valhalla Confections Locations

Product Trends

Valhalla Confections Categories

Valhalla Confections Sales

Market Insights Snapshot

Valhalla Confections Historical Sales by Category

Valhalla Confections has shown notable performance trends in the Edibles category within Maryland. After not making it into the top 30 brands in February and March 2024, Valhalla Confections secured the 30th position in April and improved to the 28th position by May 2024. This upward movement indicates a growing presence and increasing consumer acceptance in the Maryland market. The brand's sales also reflect this positive trend, with a significant jump from $32,627 in April to $47,534 in May. This consistent improvement suggests that Valhalla Confections is gaining traction and potentially capturing more market share in Maryland's competitive edibles segment.

While Valhalla Confections has demonstrated progress in Maryland, it is important to note that the brand did not rank within the top 30 in the preceding months of February and March 2024. This absence highlights the competitive nature of the edibles category and the challenges brands face in maintaining a top position. However, the brand's ability to break into the top 30 and subsequently climb the rankings is a positive indicator of its resilience and potential for future growth. Observing these movements can provide valuable insights into the brand's market strategy and consumer preferences in Maryland.

May-2024 Rank
Edible
28
Valhalla Confections

Competitive Landscape

In the Maryland edibles market, Valhalla Confections has experienced a notable shift in its competitive standing. Despite not being ranked in the top 20 for February and March 2024, Valhalla Confections climbed to the 30th position in April and further improved to the 28th position in May. This upward trend indicates a positive reception and growing market presence. In comparison, AiroPro consistently held higher ranks, maintaining positions within the top 20, though they saw a decline from 17th in February and March to 19th in April. Garcia Hand Picked and Lux by CannAscend also showed fluctuating but relatively stable positions, with Garcia Hand Picked hovering around the mid-20s and Lux by CannAscend improving from 26th in February to 25th in May. Lillybear experienced a slight decline from 22nd in February to 26th in May. These dynamics suggest that while Valhalla Confections is gaining traction, it still faces strong competition from established brands in the Maryland edibles market.

Valhalla Confections market ranking for MD Edible

Valhalla Confections

Notable Products

In May-2024, Valhalla Confections' Indica Blue Raspberry Gummies 10-Pack (100mg) maintained its top position, with sales reaching 1507 units. The Sour Watermelon Gummies 10-Pack (100mg) also retained its second place, achieving significant sales of 1101 units. The Sweet Orange Gummies 10-Pack (100mg) continued to hold the third rank, with sales figures at 1069 units. Notably, the CBN/THC 2:1 Lychee Passionfruit Gummies 2-Pack (20mg CBN, 10mg THC) re-entered the rankings at fourth place after being unranked in April. The CBN/CBD/THC 2:2:1 Apricot Elderflower Gummies 2-Pack (10mg CBN, 8mg CBD, 5mg THC) debuted at fifth place, indicating a positive reception.

Product Rank
Category
Feb-2024
Apr-2024
May-2024
Indica Blue Raspberry Gummies 10-Pack (100mg)
Edible
>5
1
1
Sour Watermelon Gummies 10-Pack (100mg)
Edible
>5
2
2
Sweet Orange Gummies 10-Pack (100mg)
Edible
>5
3
3
CBN/THC 2:1 Lychee Passionfruit Gummies 2-Pack (20mg CBN, 10mg THC)
Edible
1
>5
4
CBN/CBD/THC 2:2:1 Apricot Elderflower Gummies 2-Pack (10mg CBN, 8mg CBD, 5mg THC)
Edible
>5
>5
5
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