.svg){kind=small}
Aug-2024
Sales
Trend
6-Month
Product Count
SKUs
Overview
Market Insights Snapshot
Chompd Edibles has shown varying performance across different states and categories over the past few months. In Oregon, the brand has experienced some fluctuations in its rankings within the Edible category. Starting at 17th place in May 2024, Chompd Edibles dropped to 26th in June but managed to climb back to 20th in July and settled at 21st in August. This indicates a recovery trend after a significant dip in June, suggesting that the brand may be stabilizing its market presence in Oregon. However, the drop in June could be a point of concern, especially since it fell out of the top 20, which might have impacted its visibility and sales in that period.
Interestingly, the sales figures for Chompd Edibles in Oregon reflect the ranking movements, with a notable dip in June followed by a gradual recovery. The brand's sales in May were $53,528, which drastically fell to $24,961 in June, before recovering to $30,594 in July and slightly decreasing to $29,726 in August. This pattern suggests that while the brand is making efforts to regain its standing, it is still facing challenges in maintaining consistent growth. The fact that Chompd Edibles was not in the top 30 in some months in other states or categories would be an area for further analysis to understand the broader market dynamics and competitive pressures they are facing.
Competitive Landscape
In the competitive landscape of the Oregon edible cannabis market, Chompd Edibles has experienced notable fluctuations in rank and sales over the past few months. In May 2024, Chompd Edibles held a strong position at rank 17 but saw a significant drop to rank 26 in June, before recovering to rank 20 in July and slightly dropping again to rank 21 in August. This volatility contrasts with the more stable performance of competitors such as Concrete Jungle, which maintained a presence in the top 20 throughout the same period, and Pacific Wave, which showed a steady improvement, reaching rank 19 in August. Meanwhile, Mellow Vibes (formerly Head Trip) and Retreats have had more erratic performances, often falling outside the top 20. The fluctuations in Chompd Edibles' ranking indicate a competitive and dynamic market environment, suggesting that while Chompd Edibles has the potential to rank highly, it faces stiff competition and must strategize effectively to maintain and improve its market position.
Notable Products
In August 2024, the top-performing product from Chompd Edibles was Tropical Gummy Bites 10-Pack (100mg), which jumped to the first rank with notable sales of 853 units. Blue Raspberry & Rainbow Geek Gummy Bites 10-Pack (100mg) dropped to the second position, despite maintaining strong sales figures of 785 units. Watermelon Gummy (100mg) made an impressive debut at the third rank with 573 units sold. Berry Blast Gummy 10-Pack (100mg) followed closely at the fourth rank with 504 units sold. Green Apple and Strawberry Geeks Gummy 10-Pack (100mg) rounded out the top five, securing the fifth position with 380 units sold. Notably, Tropical Gummy Bites surged from the fifth position in June to the top spot in August, showcasing a significant increase in popularity.
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.
