Wellspring Fields

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

Apr-2024

Sales

Neutral

Trend

6-Month

44

Product Count

SKUs

Wellspring Fields

Overview

Markets

Wellspring Fields Locations

Product Trends

Wellspring Fields Categories

Wellspring Fields Sales

Market Insights Snapshot

Wellspring Fields Historical Sales by Category

In the dynamic Ohio cannabis market, Wellspring Fields has shown a notable performance across various categories, with its presence strongly felt in the Beverage and Flower categories. Specifically, the brand has maintained a stable position in the Beverage category, securing the 7th rank in January and February 2024, before climbing to the 4th rank in March and April, indicating a positive trend and growing consumer preference. This upward trajectory is mirrored in their sales figures, which rose from 14,241 in January to 21,608 by April. Conversely, their performance in the Flower category has seen more fluctuation, starting at the 47th position in January, improving significantly to 35th by February, dipping to 44th in March, and then stabilizing back at 35th in April. This volatility highlights the competitive nature of the Flower category in Ohio, yet the substantial increase in sales from January’s 41,839 to February’s 109,668 suggests a strong market recovery and consumer demand for their Flower products.

However, Wellspring Fields has faced challenges in the Concentrates and Edible categories. After starting at the 25th position in January in the Concentrates category, the brand saw a significant jump to 16th in February, demonstrating potential growth. Nevertheless, a dip to 23rd in March followed by a slight recovery to 17th in April indicates inconsistency in market performance, possibly reflecting fluctuating consumer interest or inventory challenges. The Edible category presents a more concerning picture, with the brand not ranking in the top 30 in January, then hovering around the low 40s in the subsequent months. This entry at 42nd in February, dropping to 39th in March, and slightly declining to 43rd in April, suggests a struggle to capture a significant share of the Edible market in Ohio. These mixed performances across categories underscore the complexity of the cannabis market in Ohio, with Wellspring Fields showing strong potential in some areas while facing uphill battles in others.

Apr-2024 Rank
Beverage
Concentrates
Edible
Flower
4
17
43
35
Wellspring Fields

Competitive Landscape

In the competitive landscape of the Ohio flower cannabis market, Wellspring Fields has experienced fluctuations in its ranking and sales, indicating a volatile position within the category. Initially ranked 47th in January 2024, it saw a notable improvement to 35th in February, before slipping to 44th in March and then rising again to 35th in April. This rollercoaster performance suggests a dynamic market presence, with Wellspring Fields navigating through a competitive field that includes brands like Standard Farms, Superflux, The Solid, and Hundred Percent Labs. Notably, Standard Farms and Superflux have shown a downward trend in rankings over the same period, while The Solid and Hundred Percent Labs have also experienced declines in their positions. This context underscores Wellspring Fields' challenges and opportunities as it competes in a market where rankings and sales can shift significantly from month to month, highlighting the importance of strategic positioning and market responsiveness for maintaining and improving its competitive edge.

Wellspring Fields market ranking for OH Flower

Wellspring Fields

Notable Products

In April 2024, Wellspring Fields saw GMO (14.15g) from the Flower category taking the top spot with impressive sales figures, reaching 370 units sold. Following closely was the Peanut Butter Chocolate 10-Pack (110mg) from the Edible category, securing the second rank with a notable performance in sales. The Sweet Mints Live Resin (0.84g) from the Concentrates category made a significant entry into the rankings, landing at third place. Notably, Dr. Feel Better's - Orange Soda Extra Strength Elixir 2-Pack (110mg THC, 12oz) from the Beverage category maintained its position at fourth, showing consistent consumer interest. The rankings reveal a dynamic shift in consumer preferences, with new entries and consistent performers highlighting the diverse demand within Wellspring Fields' product range.

Product Rank
Category
Jan-2024
Feb-2024
Mar-2024
Apr-2024
GMO (14.15g)
Flower
>5
2
2
1
Peanut Butter Chocolate 10-Pack (110mg)
Edible
2
3
1
2
Sweet Mints Live Resin (0.84g)
Concentrates
>5
>5
>5
3
Dr. Feel Better's - Orange Soda Extra Strength Elixir 2-Pack (110mg THC, 12oz)
Beverage
>5
>5
4
4
Dr. Feel Better's - Strawberry Lemonade Elixir 2-Pack (110mg)
Beverage
>5
>5
>5
5
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