Oct-2024
Sales
Trend
6-Month
Product Count
SKUs
Overview
Market Insights Snapshot
Beezle Extracts has shown consistent performance in the Concentrates category in Maryland, maintaining a steady rank of 4th place from July to October 2024. This stability indicates a strong foothold in this category, with sales peaking in October. In contrast, their presence in the Edible category has seen some fluctuation, rising from 25th to 20th in September before slightly dipping back to 23rd in October. Such movements suggest a competitive landscape where Beezle is making gradual gains but still faces challenges in climbing higher.
In the Pre-Roll category, Beezle Extracts experienced a downward trend, slipping from 28th in July to 32nd by October, indicating potential areas for improvement or increased competition. However, the Vapor Pens category tells a different story; despite a dip in September, Beezle managed to recover to 18th place in October, showcasing resilience and adaptability in a volatile market. Notably, the absence from the top 30 in some months highlights the competitive pressures and opportunities for strategic enhancements in their offerings.
Competitive Landscape
In the competitive landscape of concentrates in Maryland, Beezle Extracts consistently maintained its position at rank 4 from July to October 2024, indicating a stable presence in the market. Despite this stability, Beezle Extracts faces stiff competition from brands like Nature's Heritage and Grassroots, which have consistently held higher ranks at 3 and 2, respectively, throughout the same period. Notably, Grassroots exhibits a strong market lead with significantly higher sales figures, suggesting a robust consumer preference. Meanwhile, Evermore Cannabis Company showed a notable improvement in rank, moving from 6 in July to 5 in October, potentially signaling an upward trend that could pose a future threat to Beezle Extracts' market position. Despite these challenges, Beezle Extracts' consistent sales growth, peaking in October, demonstrates its resilience and potential for capturing a larger market share if strategic adjustments are made.
Notable Products
In October 2024, Beezle Extracts' top-performing product was the Buzz - Super Boof Distillate Cartridge (0.5g) in the Vapor Pens category, achieving the number one rank with sales of 3112 units. The Buzz - Mimosa Distillate Cartridge (0.5g) followed closely, securing the second spot, while the Buzz - Orange Cookies Distillate Cartridge (0.5g) ranked third. The Guava Gas Distillate Cartridge (0.5g) and Buzz - Lemon Diesel Distillate Cartridge (0.5g) completed the top five, ranking fourth and fifth, respectively. Notably, the Buzz - Super Boof Distillate Cartridge (0.5g) jumped from third place in September to the top position in October, indicating a significant increase in popularity and sales. The consistent performance of the Vapor Pens category highlights its strong market presence for Beezle Extracts during this period.
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.