Oct-2024
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Overview
Market Insights Snapshot
Good Taste has shown a remarkable upward trajectory in the Edible category within Missouri. Starting from a rank of 22 in July 2024, the brand has consistently climbed the ranks, reaching the 14th position by October 2024. This ascent is indicative of a strong market presence and increasing consumer preference for their products. The brand's sales figures reflect this positive trend, with a notable increase from July to October, suggesting a successful strategy in capturing a larger market share and possibly expanding their product offerings or improving distribution channels.
However, it's worth noting that Good Taste's performance across other states or provinces is not detailed here, which could imply that the brand has not yet broken into the top 30 in those markets or is focusing its efforts primarily on Missouri. This could be seen as a strategic decision to consolidate their position in a strong market before expanding further. The absence of rankings in other regions might also indicate potential areas for growth or the need for strategic adjustments to compete more effectively. This selective performance analysis suggests that while Good Taste is gaining traction in Missouri, there may be untapped opportunities or challenges in other regions that the brand could explore further.
Competitive Landscape
In the competitive landscape of the Missouri edible cannabis market, Good Taste has shown a promising upward trajectory in recent months. Starting from a rank of 22 in July 2024, Good Taste improved its position significantly to reach 14 by October 2024. This upward movement indicates a positive reception and growing consumer preference, likely driven by strategic marketing and product offerings. In contrast, Dixie Elixirs maintained a stable rank, holding the 12th position in both September and October, which suggests consistent performance but less dynamic growth compared to Good Taste. Meanwhile, ROBHOTS experienced fluctuations, dropping from 13th in August to 16th in October, potentially indicating challenges in maintaining market share. Curio Wellness showed steady performance, consistently ranking 15th from August to October, while Greenlight saw a notable dip in September but rebounded to 13th in October. These dynamics highlight Good Taste's competitive edge in gaining market traction, positioning it as a rising contender in the Missouri edibles market.
Notable Products
In October 2024, the top-performing product from Good Taste was the Sativa Clementine Gummies 10-Pack (100mg), maintaining its first-place position for four consecutive months with sales reaching 4200 units. The Pink Lemonade High Dose Gummies 10-Pack (300mg) saw a significant rise, climbing from fourth place in August to second place in October, with sales figures of 2845 units. The Indica Strawberry Gummies 10-Pack (100mg) improved its ranking from fifth in September to third in October, showing a resurgence in popularity. Blue Razzberry Gummies 10-Pack (100mg) dropped in ranking from second in September to fourth in October, despite consistent sales. Lastly, Fruitfetti Crispies 10-Pack (100mg) remained steady in fifth place, indicating stable demand.
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.