.svg){kind=small}
Jun-2024
Sales
Trend
6-Month
Product Count
SKUs
Overview
Market Insights Snapshot
Zones has experienced notable fluctuations in its performance across various categories and states over the past few months. In Michigan, the brand's ranking in the Flower category has shown a significant decline. Starting from a commendable 4th position in March and April, Zones dropped slightly to 5th in May before plummeting to 18th in June. This downward trend is concerning, especially considering the substantial decrease in sales from approximately $3.6 million in March to about $1.6 million in June. Such a sharp decline in both ranking and sales suggests that Zones may be facing increased competition or market challenges in Michigan's Flower category.
It is also important to note that Zones did not appear in the top 30 brands in several other states and categories, which indicates areas where the brand may need to bolster its presence or re-evaluate its strategies. The absence from the top rankings can be viewed negatively, as it implies that Zones is not currently a strong player in those markets. On the other hand, this also presents an opportunity for the brand to identify gaps and potential growth areas. The performance in Michigan's Flower category serves as a valuable case study for understanding the brand's market dynamics and areas for improvement.
Competitive Landscape
In the competitive landscape of the Michigan Flower category, Zones has experienced notable fluctuations in its ranking and sales over the past few months. Despite starting strong with a consistent 4th place rank in March and April 2024, Zones saw a significant drop to 18th place by June 2024. This decline is particularly striking when compared to competitors like Grown Rogue and Nature's Medicines, which maintained more stable positions, with Grown Rogue fluctuating between 13th and 21st place and Nature's Medicines improving from 20th to 16th place. Additionally, Skymint and Glorious Cannabis Co. also showed more consistent performance, with Skymint only dropping out of the top 20 in April and May, and Glorious Cannabis Co. staying within the 14th to 19th range. The sharp decline in Zones' rank and sales, from over $3.6 million in March to just under $1.6 million in June, highlights a critical need for strategic adjustments to regain market share and stabilize its position in the competitive Michigan Flower market.
Notable Products
In June 2024, the top-performing product from Zones was French Chem (28g) in the Flower category, achieving the highest rank with sales of 2557 units. Strawberry Milkshake (28g), also in the Flower category, ranked second, showing a slight increase in sales to 2147 units from its previous performance in March 2024 where it held the top spot. Michigan Glue (28g) secured the third position, while Snowman OG (28g) maintained its fourth place from May 2024, indicating consistent demand. Mushroom Monkey (28g) rounded out the top five, debuting in the rankings for June 2024. These shifts highlight the dynamic changes in consumer preferences within the Zones product lineup.
Top Selling Cannabis Brands
Data for this report comes from real-time sales reporting by participating cannabis retailers via their point-of-sale systems, which are linked up with Headset’s business intelligence software. Headset’s data is very reliable, as it comes digitally direct from our partner retailers. However, the potential does exist for misreporting in the instance of duplicates, incorrectly classified products, inaccurate entry of products into point-of-sale systems, or even simple human error at the point of purchase. Thus, there is a slight margin of error to consider. Brands listed on this page are ranked in the top twenty within the market and product category by total retail sales volume.
