.svg){kind=small}
Sep-2024
Sales
Trend
6-Month
Product Count
SKUs
Overview
Market Insights Snapshot
In the state of Nevada, INDO has shown notable performance in the Capsules category, consistently maintaining a top position with ranks oscillating between 1st and 2nd place over the past four months. This suggests a strong market presence and consumer preference for their capsule products. In contrast, their performance in the Pre-Roll category has been less impressive, with INDO failing to secure a spot in the top 30 in recent months, indicating potential challenges or competition in this segment. Meanwhile, in the Vapor Pens category, INDO has exhibited steady improvement, moving from the 22nd position in June to maintaining the 15th position by September, reflecting a positive growth trajectory in this popular category.
In Washington, INDO's performance has been less consistent, particularly in the Flower category where their ranking has declined from 59th in June to 100th by September. This downward trend suggests they may be facing significant competition or shifting consumer preferences in this state. Despite this, their topical products in Nevada have seen a gradual rise, climbing from 4th to 2nd before settling at 3rd in September, indicating a growing acceptance and demand for their topical offerings. The varying performance across different categories and states highlights the complexities and challenges INDO faces in maintaining a balanced and strong brand presence across diverse markets.
Competitive Landscape
In the competitive landscape of the Vapor Pens category in Nevada, INDO has shown a promising upward trajectory in its rankings over the past few months. Starting from a rank of 22 in June 2024, INDO climbed to 15 by August and maintained this position through September. This steady improvement indicates a positive reception and growing consumer preference for INDO's products. In contrast, Medizin, which held a higher rank than INDO in June, experienced fluctuations, dropping to 14 by September. Similarly, Srene and BOUNTI both saw declines in their rankings, with BOUNTI notably falling out of the top 20 in July. Meanwhile, Sauce Essentials consistently outperformed INDO, maintaining a higher rank, yet INDO's consistent sales growth suggests a narrowing gap. These dynamics highlight INDO's competitive edge and potential for further market penetration in Nevada's Vapor Pens sector.
Notable Products
In September 2024, the top-performing product from INDO was the CBD/CBN/THC 4:4:1 Jungle Stick IndoBalm in the Topical category, maintaining its number one rank for the third consecutive month with notable sales of 1352 units. The Blueberry Punch Distillate Disposable in the Vapor Pens category secured the second rank, marking its entry into the top ranks for the first time. Gelato Distillate Disposable climbed to the third position from fourth in August, indicating a positive sales trend. Bubbalicious Distillate Disposable followed closely at fourth, maintaining a consistent presence in the top five. Lastly, Pineapple Jack Distillate Disposable re-entered the top five, moving up from its previous absence in August, showing a resurgence in popularity.
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.
