.svg){kind=small}
Oct-2024
Sales
Trend
6-Month
Product Count
SKUs
Overview
Market Insights Snapshot
Good Tide has demonstrated a notable performance trajectory in several states, particularly in the Edible category. In Arizona, the brand has shown consistent upward movement, climbing from 18th to 11th place from July to October 2024. This progression indicates a strengthening market presence, with sales increasing significantly during this period. In contrast, in Illinois, Good Tide has maintained a steady 18th position, suggesting a stable but less dynamic performance in that state. Meanwhile, California and Oregon have seen Good Tide holding steady at 9th and 6th ranks, respectively, indicating a solid foothold in these competitive markets.
Despite a slight decline in ranking in Michigan from 7th to 10th place, Good Tide's sales figures suggest a stable demand, albeit with a slight reduction over the months. In Colorado, the brand has improved its position from 6th to 5th, reflecting positive consumer reception and possibly effective market strategies. Notably, in Washington, Good Tide has maintained a consistent 6th rank, which suggests a robust and sustained performance. Nevada has seen a promising rise from 12th to 9th, indicating growing brand recognition and acceptance in this market. These movements across states highlight Good Tide's diverse performance and adaptability in different regional markets within the Edible category.
Competitive Landscape
In the competitive landscape of the Colorado edible market, Good Tide has shown a consistent presence, maintaining a steady rank of 6th place from July to September 2024, before climbing to 5th in October 2024. This upward movement in rank suggests a positive trend in consumer preference and market penetration. Despite this improvement, Good Tide faces stiff competition from brands like Tastebudz and Ript, which have consistently held higher ranks. Notably, Ript has maintained a solid 3rd place throughout the period, with sales figures significantly outpacing those of Good Tide, indicating a strong brand loyalty and market share. Meanwhile, Dialed In Gummies experienced a slight dip in October, which allowed Good Tide to advance. This competitive dynamic highlights the importance for Good Tide to continue innovating and enhancing its product offerings to capture a larger share of the market and improve its standing against these well-established competitors.
Notable Products
In October 2024, the top-performing product from Good Tide was the Uplifting Sativa Pineapple Solventless Hash Rosin Gummies 10-Pack (100mg), maintaining its number one rank since July, with a notable sales figure of 76,784 units. Following closely, the Indica Mango Mellow Solventless Hash Rosin Gummies 10-Pack (100mg) held steady at the second position across all months, indicating consistent consumer preference. The Guava Solventless Hash Rosin Gummies 10-Pack (100mg) also retained its third rank, showing stable demand. The Uplifting Sativa Pineapple Solventless Hash Rosin High Dose Gummies 10-Pack (200mg) and Mellow Indica Mango Solventless Hash Rosin High Dose Gummies 10-Pack (200mg) continued to occupy the fourth and fifth ranks respectively, albeit with decreasing sales figures over the months. Overall, the rankings for Good Tide's top products remained unchanged from previous months, highlighting a steady market trend in their edible category.
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.
