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Jun-2024
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Overview
Market Insights Snapshot
WTF Extracts has shown a notable performance in the Arizona market, particularly in the Concentrates category. Starting from a rank of 9 in March 2024, the brand climbed to the 6th position by April and maintained this rank through June 2024. This steady ranking suggests a consistent demand for their concentrates, with a sales increase from $193,990 in March to $256,045 in June. In the Pre-Roll category, WTF Extracts also demonstrated strong performance, although with some fluctuations. They moved from the 9th position in March to 7th in April, dropped slightly to 8th in May, and regained the 7th position in June. These movements indicate a competitive but stable presence in the Pre-Roll market.
The Vapor Pens category in Arizona presents an interesting trend for WTF Extracts. The brand started at the 16th position in March 2024 and showed significant improvement, reaching the 9th position by June. This upward trajectory is highlighted by a substantial sales increase, jumping from $321,880 in March to an impressive $670,149 in June. However, it's important to note that WTF Extracts was not in the top 30 brands in some other states and categories, which could be seen as an area for potential growth or concern. Overall, the brand's performance in Arizona indicates a strong foothold in certain product categories, with room for expansion in others.
Competitive Landscape
In the competitive landscape of Vapor Pens in Arizona, WTF Extracts has shown a notable upward trajectory in recent months. Starting from a rank of 16 in March 2024, WTF Extracts climbed to 9th place by June 2024, reflecting a significant improvement in market position. This upward movement is particularly impressive when compared to competitors such as iLava and Jeeter, which have seen fluctuating or declining ranks during the same period. For instance, Jeeter dropped from 5th to 8th place, while iLava remained relatively stable but did not show the same growth momentum. Additionally, IO Extracts and CAKE she hits different have maintained positions around the middle of the pack, indicating a more static performance. WTF Extracts' rise in rank suggests a growing consumer preference and increased sales, positioning it as a strong contender in the Arizona Vapor Pens market.
Notable Products
In June 2024, the top-performing product for WTF Extracts was Az Berry Kush Diamond Infused Pre-Roll (1g), leading the sales with 2,911 units sold. Redwood Diamond Infused Pre-Roll (0.5g) followed closely in second place, showing a notable increase from its fifth-place ranking in April 2024. Grapealicious Distillate Disposable (1g) secured the third position, demonstrating strong performance in the Vapor Pens category. GMO Diamond Infused Pre-Roll (1g) and Pina Colada Distillate Disposable (1g) rounded out the top five, ranked fourth and fifth respectively. These rankings highlight a significant rise for pre-roll products and a consistent demand for vapor pens.
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