Oct-2024
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Overview
Market Insights Snapshot
Bobsled Extracts has shown a notable upward trajectory in the Oregon market, particularly within the Concentrates category. Over the past few months, their ranking improved significantly from 8th place in August 2024 to 3rd place by October 2024. This ascent is complemented by a substantial increase in sales, indicating a strong consumer preference for their products. In contrast, their performance in the Tincture & Sublingual category remains relatively stable, maintaining a position around the 13th rank. This stability suggests a consistent demand, though without the same growth momentum seen in Concentrates.
In the Vapor Pens category, Bobsled Extracts has also experienced positive movement within Oregon. Starting from the 24th position in July 2024, their rank improved to 18th by October 2024. This upward trend, alongside increased sales figures, reflects a growing foothold in the market. However, it's important to note that they did not break into the top 10, which could indicate room for further growth or a need to adapt strategies to compete with leading brands. The absence of a top 30 ranking in any other states or provinces highlights both a challenge and an opportunity for expansion beyond Oregon.
Competitive Landscape
In the competitive landscape of vapor pens in Oregon, Bobsled Extracts has shown a consistent upward trajectory in rank from July to October 2024, moving from 24th to 18th position. This improvement in rank is indicative of a positive sales trend, with a notable increase in sales each month. In contrast, Echo Electuary, which initially held a higher rank, experienced a decline, dropping from 16th to 19th position by October, suggesting a decrease in sales momentum. Meanwhile, Higher Cultures fluctuated in rank but maintained a competitive edge with higher sales figures in October compared to Bobsled Extracts. Feel Goods remained relatively stable in rank, while Sessions Cannabis Extract showed a slight improvement, indicating a competitive market where Bobsled Extracts' consistent growth could position it as a formidable contender if the trend continues.
Notable Products
In October 2024, Bobsled Extracts saw Donny Burger Cured Resin (1g) leading as the top-performing product with impressive sales of 2120 units, marking its debut in the first position. Closely following was the AK47 Melted Diamonds + Cannabis Terpenes Cartridge (1g) in second place, showcasing strong demand in the Vapor Pens category. Blue City Diesel Cured Resin (1g) secured the third rank, maintaining a competitive edge among Concentrates. Durban Poison Cured Resin (1g) and Black Lime Cured Resin (1g) rounded out the top five, ranking fourth and fifth respectively. Notably, these products have consistently climbed the ranks since previous months, indicating a growing preference for Bobsled Extracts' Concentrates and Vapor Pens.
```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.