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Jun-2024
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Overview
Market Insights Snapshot
Chaos Crispies has shown a fluctuating performance in the Colorado market across various categories. In the Concentrates category, their ranking improved significantly from being outside the top 30 in March 2024 to reaching the 22nd position in May 2024. However, this upward trend did not sustain as the brand fell back to the 29th spot in June 2024. This volatility indicates a competitive landscape in the Concentrates category, where maintaining a consistent position is challenging. The sales figures also reflect this inconsistency, peaking in April 2024 with $113,739 but then dropping to $59,195 in June 2024.
In the Edible category, Chaos Crispies has experienced a downward trend in Colorado. Starting from the 29th position in March 2024, the brand slipped gradually to 37th place by June 2024, indicating a struggle to maintain its market share. The sales figures corroborate this decline, with a noticeable drop from $41,282 in March 2024 to $25,551 in June 2024. This trend suggests that while Chaos Crispies has had moments of success, sustaining growth and market presence in the Edible category remains a challenge.
Competitive Landscape
In the competitive landscape of Colorado's concentrates category, Chaos Crispies has shown a notable fluctuation in its rankings over the past few months. Starting from an unranked position in March 2024, Chaos Crispies jumped to 37th in April, ascended to 22nd in May, but then dipped slightly to 29th in June. This volatility contrasts with the more stable performance of competitors like Harmony Extracts, which despite a decline from 16th in March to 27th in June, still maintained a presence in the top 30. Similarly, AO Extracts showed a consistent ranking, hovering around the 30th position. On the other hand, Dadirri demonstrated a positive upward trend, moving from 49th in March to 28th in June. This competitive analysis suggests that while Chaos Crispies has the potential for rapid rank improvements, it faces stiff competition from brands that either maintain steady sales or show gradual improvement, indicating a need for strategic marketing efforts to stabilize and enhance its market position.
Notable Products
In June 2024, the top-performing product from Chaos Crispies was Garlic Breath Wax (1g), which rose to the number one spot with notable sales of $1287. Runtz Sugar Wax (1g) followed closely in second place, a new entry in the rankings. Fruity Crispy Treats 10-Pack (100mg) dropped to third place, experiencing a significant decrease in sales compared to previous months. Poison Breath Wax (1g) made its debut in the rankings at fourth place. Cherry Slimeade Wax (1g) maintained its position at fifth place, showing consistent performance.
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.
