Oct-2024
Sales
Trend
6-Month
Product Count
SKUs
Overview
Market Insights Snapshot
Green Revolution has demonstrated consistent performance across several categories in Washington. In the Beverage category, the brand maintained a steady 4th place ranking from July to October 2024, with a noticeable increase in sales from $421,839 in September to $485,415 in October. This indicates a strong foothold in the Beverage market despite competitive pressures. In the Edible category, Green Revolution consistently held the 2nd position each month, showing a slight fluctuation in sales but retaining its high rank. Similarly, in the Tincture & Sublingual category, the brand remained in 2nd place, suggesting solid brand loyalty and market presence.
While Green Revolution's performance in Washington is commendable, it is important to note that the brand did not appear in the top 30 rankings in other states or provinces for these categories during the same period. This absence indicates potential areas for growth and expansion outside of Washington. The consistent rankings and sales figures in Washington suggest a strong regional strategy, but expanding this success to other markets could be a key focus for the brand moving forward. Exploring the reasons behind the brand's concentrated success in Washington could provide insights into potential strategies for broader market penetration.
Competitive Landscape
In the Washington edible market, Green Revolution consistently maintained its position as the second-ranked brand from July to October 2024, showcasing a stable performance amidst a competitive landscape. Despite a slight dip in sales from August to September, Green Revolution's sales rebounded in October, indicating resilience and effective market strategies. The brand trails behind Wyld, which holds the top spot with significantly higher sales figures, reflecting a strong consumer preference for Wyld's offerings. Meanwhile, Craft Elixirs and Hot Sugar have shown fluctuations in their rankings, with Craft Elixirs consistently ranking fourth except for a brief rise to third in September, and Hot Sugar oscillating between third and fifth positions. These dynamics suggest that while Green Revolution maintains a solid footing, there is room for strategic initiatives to close the gap with the leading brand and fend off challenges from other competitors.
Notable Products
In October 2024, the top-performing product from Green Revolution was the Nano Doozies - CBD/CBN/THC 1:1:1 Blue Raspberry Nighttime Gummies 10-Pack, maintaining its number one ranking for four consecutive months with a notable sales figure of 13,428 units. The Wildside Chill - THC/CBN 20:1 Blue Raspberry MAX Shot held steady in the second position, showing consistent performance since September. The Wildside Fly Max - CBG/THC 1:1 Sour Green Apple Fast-Acting Shot remained in the third spot, mirroring its ranking from the previous month. Meanwhile, the Wildside Fly - THC/CBG 20:1 Raspberry MAX Shot consistently occupied the fourth position throughout the months from July to October. A new entrant in October, the Wildside Max - CBN/THC 1:2 Pineapple Orange Guava Fast-Acting Shot, debuted at the fifth position, indicating a strong initial market presence.
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.