.svg){kind=small}
Sep-2024
Sales
Trend
6-Month
Product Count
SKUs
Overview
Market Insights Snapshot
Harney Brothers Cannabis has shown notable performance in the New York market, particularly in the Beverage category. Over the last few months, the brand has made significant strides, moving from a rank of 5 in June 2024 to an impressive 3 by September 2024. This upward trend highlights their growing dominance and appeal in the Beverage segment, as evidenced by their sales increase from $31,926 in July to $44,935 in September. Meanwhile, in the Tincture & Sublingual category, Harney Brothers Cannabis has maintained a strong presence, consistently ranking in the top 10, despite missing from the rankings in July. This suggests a resilient demand for their products in this category, with a notable comeback to rank 6 by September.
In contrast, Harney Brothers Cannabis has faced challenges in the Flower and Pre-Roll categories within New York. The Flower category saw a decline in ranking, dropping from 23 in July to 55 by September, indicating potential difficulties in maintaining market share. The Pre-Roll category also reflects a similar trend, where the brand struggled to break into the top 30, with rankings consistently outside this range. These movements may suggest a need for strategic adjustments or product innovations to regain traction in these segments. Despite these challenges, the brand's overall performance in certain categories demonstrates its potential to adapt and thrive in a competitive market.
Competitive Landscape
In the competitive landscape of the New York flower category, Harney Brothers Cannabis has experienced notable fluctuations in its market position from June to September 2024. Initially ranked at 37th in June, the brand improved its standing to 23rd in July, indicating a positive response to its offerings during that period. However, by August, Harney Brothers Cannabis saw a decline to 41st, and further to 55th in September, suggesting increased competition or potential market challenges. In contrast, competitors like Pura also experienced volatility, dropping from 16th in June to 53rd by September, despite maintaining higher sales figures compared to Harney Brothers Cannabis. Meanwhile, High Peaks showed a steady improvement, moving from 88th in June to 54th in September, which could indicate successful marketing or product strategies that Harney Brothers Cannabis may need to consider. These dynamics highlight the competitive pressures in the New York flower market and underscore the importance for Harney Brothers Cannabis to adapt and innovate to regain and sustain higher rankings.
Notable Products
In September 2024, Lemon Mints Pre-Roll (1g) emerged as the top-performing product for Harney Brothers Cannabis, climbing from fifth place in August to first place, with notable sales of 1600 units. Mint Jelly (3.5g) secured the second position in the rankings, marking its introduction to the top ranks without previous data from earlier months. The CBD/THC 2:1 Tangy Lime Sparkling Water (10mg CBD, 5mg THC, 12fl oz, 355ml) achieved third place, showing a strong entry into the market. Poddy Mouth (3.5g), previously holding the first position in both July and August, dropped to fourth place in September. Sleep Hemp Moringa Tea Satches 5-Pack (80mg) rounded out the top five, maintaining consistent performance since its debut.
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.
