Venom Extracts

Data Snapshot: May 04, 2024
Venom Extracts Cannabis Brand Logo
$500K+

Apr-2024

Sales

Decline

Trend

6-Month

160

Product Count

SKUs

Venom Extracts

Overview

Markets

Venom Extracts Locations

Product Trends

Venom Extracts Categories

Venom Extracts Sales

Market Insights Snapshot

Venom Extracts Historical Sales by Category

In the competitive cannabis market of Arizona, Venom Extracts has shown a strong and consistent performance in the Concentrates category, maintaining its position within the top 3 ranks from January to April 2024. This consistency is notable, especially considering the fluctuation in sales figures across these months, starting strong in January with $406,520, peaking in February at $539,160, and then experiencing a slight dip in the following months. However, their performance in other categories tells a different story. For instance, in the Pre-Roll category, Venom Extracts struggled to make a significant impact, with rankings oscillating in the 30s, and in the Vapor Pens category, they hovered around the mid to late 20s. This variation in performance across categories highlights the brand's strength in Concentrates while indicating potential areas for growth in others.

Looking deeper into the brand's performance dynamics, it's clear that Venom Extracts has a stronghold in the Concentrates market within Arizona, which could be attributed to either product quality, consumer preference, or a combination of both. The gradual sales decline in this category from February to April, despite maintaining rank, suggests a competitive market where maintaining top sales figures is challenging. On the other hand, the brand's presence in the lower rankings of the Pre-Roll and Vapor Pens categories throughout the same period does not necessarily signal failure but rather an opportunity for strategic improvements and market penetration. The absence from the top 30 brands in these categories in some months could be seen as a wake-up call to reassess market strategies or product offerings in these segments. Overall, Venom Extracts exhibits a strong foundation in Arizona's cannabis market with room to expand its influence across other product categories.

Apr-2024 Rank
Concentrates
Pre-Roll
Vapor Pens
3
38
30
Venom Extracts

Competitive Landscape

In the competitive landscape of the concentrates category in Arizona, Venom Extracts has shown a notable performance amidst stiff competition. Initially ranked 3rd in January 2024, Venom Extracts briefly climbed to 2nd place in February, overtaking Canamo, but then settled back into the 3rd position for March and April. This fluctuation in rank is indicative of a fiercely competitive market, with Venom Extracts jockeying for position among top contenders. Notably, Mohave Cannabis Co. has maintained a solid lead throughout these months, consistently ranking 1st, while Grow Sciences and High Grade also show strong performances, indicating a highly competitive environment. Despite these challenges, Venom Extracts has managed to maintain a top 3 position, showcasing its resilience and popularity in the Arizona concentrates market. The brand's ability to remain competitive, even as rankings shift slightly, suggests a strong market presence and a loyal consumer base.

Venom Extracts market ranking for AZ Concentrates

Venom Extracts

Notable Products

In April 2024, Venom Extracts saw Pure Melon RSO Syringe (1g) leading their sales in the concentrates category, securing the top spot with 1862 units sold. Following closely, Blueberry Blast Distillate Syringe (1g) climbed to second place, showing a notable rise from not being ranked in the previous months. Grape Illusion Shatter (1g) maintained its position at third, while Dragons Breath Shatter (1g) saw a slight drop to fourth after being previously ranked higher in earlier months. Jesus Juice Distillate Syringe (1g) entered the rankings for the first time in April, rounding out the top five. This shift highlights a dynamic change in consumer preferences within Venom Extracts' product offerings.

Product Rank
Category
Jan-2024
Feb-2024
Mar-2024
Apr-2024
Pure Melon RSO Syringe (1g)
Concentrates
>5
>5
2
1
Blueberry Blast Distillate Syringe (1g)
Concentrates
>5
>5
>5
2
Grape Illusion Shatter (1g)
Concentrates
>5
>5
3
3
Dragons Breath Shatter (1g)
Concentrates
4
3
>5
4
Jesus Juice Distillate Syringe (1g)
Concentrates
>5
>5
>5
5
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