Medizin

Data Snapshot: Sep 06, 2024
Medizin Cannabis Brand Logo
$1M+

Aug-2024

Sales

Strong Growth

Trend

6-Month

227

Product Count

SKUs

Medizin

Overview

Markets

Medizin Locations

Product Trends

Medizin Categories

Medizin Sales

Market Insights Snapshot

Medizin Historical Sales by Category

Medizin has shown a strong performance in Nevada across multiple categories over the past few months. In the Concentrates category, the brand has consistently held the top positions, maintaining the number one rank in both July and August 2024. This upward movement from the second position in May and June indicates a significant increase in consumer preference and market penetration. Similarly, in the Flower category, Medizin has ascended to the top rank in August 2024, up from the third position in May and June, showcasing robust growth. The Pre-Roll category also reflects a positive trend, with the brand advancing from the 25th position in May to break into the top 10 by August. However, the Vapor Pens category has seen a more stable performance, with Medizin holding steady at the 10th and 11th positions over the four months.

While Medizin's performance in Nevada has been commendable, the absence of ranking data for other states or provinces suggests that the brand is either not present or not competitive enough to break into the top 30 in those regions. This could be seen as an area for potential growth or a strategic decision to focus heavily on the Nevada market. The consistent top rankings in Nevada's Concentrates and Flower categories indicate strong brand loyalty and market share, but the relatively lower rankings in Pre-Rolls and Vapor Pens suggest room for improvement. The significant sales increase in the Concentrates category, particularly from June to August 2024, underscores a growing consumer demand that Medizin has successfully capitalized on.

Aug-2024 Rank
Concentrates
Flower
Pre-Roll
Vapor Pens
1
1
10
10
Medizin

Competitive Landscape

In the competitive landscape of the Nevada flower category, Medizin has demonstrated significant upward momentum, climbing from a rank of 3 in May 2024 to securing the top position by August 2024. This ascent is particularly notable given the performance of competing brands. For instance, STIIIZY, which held the number one spot consistently from May to July, experienced a sharp decline to rank 2 in August, indicating potential volatility or market shifts. Meanwhile, Rythm has shown steady improvement, moving from rank 5 in May to rank 3 by August. These changes suggest that while Medizin is gaining traction and increasing its market share, competitors like STIIIZY and Rythm are also dynamic players, making the Nevada flower market highly competitive and fluid.

Medizin market ranking for NV Flower

Medizin

Notable Products

In August 2024, the top-performing product for Medizin was Biscotti BX1 (3.5g) in the Flower category, which ranked first with a notable sales figure of $7,143. Gastro Pop (3.5g) also made a strong debut, securing the second position. Cap Junky (3.5g) climbed from the fourth spot in May to third place in August. Orange Push Pop (3.5g) maintained a consistent performance, holding the fourth rank for two consecutive months. Mango Kush (3.5g) slipped slightly from third place in May to fifth in August.

Product Rank
Category
May-2024
Jun-2024
Jul-2024
Aug-2024
Biscotti BX1 (3.5g)
Flower
>5
>5
3
1
Gastro Pop (3.5g)
Flower
>5
>5
>5
2
Cap Junky (3.5g)
Flower
4
>5
>5
3
Orange Push Pop (3.5g)
Flower
>5
>5
4
4
Mango Kush (3.5g)
Flower
3
>5
>5
5
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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.

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