.svg){kind=small}
Nov-2024
Sales
Trend
6-Month
Product Count
SKUs
Overview
Market Insights Snapshot
Good Tide has demonstrated varied performance across different states and provinces, with notable rankings in the Edible category. In California, Good Tide maintained a consistent 9th position from August to November 2024, indicating a stable presence in a competitive market. Meanwhile, in Colorado, the brand consistently held the 6th position over the same period, reflecting a strong foothold in the state's edible market. However, in Arizona, Good Tide experienced some fluctuations, moving from the 15th to 14th position, suggesting a slightly less stable market presence. The brand's performance in Illinois remained steady at the 18th position, indicating a challenge in breaking into the top tier of edible brands in the state.
In Michigan, Good Tide saw a gradual decline in its ranking, moving from 8th to 11th place from August to November, which could suggest increasing competition or shifting consumer preferences. Conversely, in Nevada, the brand improved its position from 11th in August to 9th in November, highlighting a positive trend in consumer acceptance or market strategy. The brand's consistent 6th position in both Oregon and Washington suggests a robust and stable market presence in these states, reflecting well on its market strategies and consumer loyalty. Overall, Good Tide's performance across these states showcases a mix of stability, growth, and challenges, providing insight into its strategic positioning in the edible category.
Competitive Landscape
In the competitive landscape of the California edibles market, Good Tide has maintained a consistent rank of 9th place from August to November 2024, indicating stability in its market position. However, competitors like Smokiez Edibles and Plus have shown fluctuations in their rankings, with Smokiez Edibles improving from 8th to 7th place and Plus dropping from 7th to 8th place in November. This shift highlights a dynamic environment where Good Tide's consistent ranking could either be seen as a strength in maintaining its customer base or a potential risk if it fails to capitalize on opportunities for upward movement. Meanwhile, Drops has remained stable at 10th place, while Emerald Sky has shown a slight improvement, moving from 13th to 11th place. These movements suggest that while Good Tide's sales have increased over the months, the brand might need to strategize further to climb higher in the rankings amidst a competitive and evolving market.
Notable Products
In November 2024, Good Tide's top-performing product was the Uplifting Sativa Pineapple Solventless Hash Rosin Gummies 10-Pack (100mg), maintaining its number one rank for four consecutive months with notable sales of 77,775 units. The Indica Mango Mellow Solventless Hash Rosin Gummies 10-Pack (100mg) held steady in second place, showing consistent popularity. Similarly, the Guava Solventless Hash Rosin Gummies 10-Pack (100mg) remained in third place, underscoring a stable demand pattern. 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) also retained their fourth and fifth positions, respectively. Overall, the rankings for Good Tide's products have shown remarkable consistency from August through November 2024, highlighting a strong and steady consumer preference.
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.
