Nov-2024
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Overview
Market Insights Snapshot
In the state of Maryland, Modern Flower has demonstrated varied performance across different product categories. For the Flower category, Modern Flower has shown a solid presence, consistently maintaining a rank within the top 12 from August to November 2024, with a notable improvement to the 10th position in November. This upward trend suggests a strengthening market position, potentially driven by increased consumer demand or effective marketing strategies. In the Pre-Roll category, the brand has fluctuated slightly but maintained a position within the top 20, indicating a stable consumer base. However, in the Concentrates category, Modern Flower's absence from the rankings in October and November hints at a potential decline or increased competition. Meanwhile, their performance in the Vapor Pens category remains outside the top 30, suggesting challenges in gaining a significant foothold in this segment.
While Modern Flower's presence in the Flower and Pre-Roll categories in Maryland remains strong, the brand faces challenges in other segments. The absence from the top rankings in the Concentrates and Vapor Pens categories for several months could be a point of concern, potentially indicating areas where the brand might need to enhance its offerings or marketing efforts. Despite these challenges, the overall sales trajectory in the Flower category, with an increase from October to November, reflects a positive momentum. This mixed performance across categories highlights the competitive dynamics within the cannabis market and suggests that while Modern Flower has strengths, particularly in traditional product lines, there may be opportunities for growth and improvement in emerging segments.
Competitive Landscape
In the competitive landscape of the flower category in Maryland, Modern Flower has shown a promising upward trend in its rankings over the past few months. Starting from a rank of 12th in August 2024, Modern Flower improved to 10th by November 2024, indicating a positive trajectory in market presence. This upward movement is significant, especially when compared to competitors like Curio Wellness, which experienced a decline from 6th to 9th place, and Evermore Cannabis Company, which dropped from 8th to 12th. Meanwhile, Savvy has consistently maintained a strong position, moving from 9th to 8th, showcasing robust sales performance. The increase in Modern Flower's rank is accompanied by a notable rise in sales, particularly in November, where it surpassed several competitors. This growth highlights Modern Flower's strengthening foothold in the Maryland flower market, suggesting a successful strategy in capturing consumer interest and expanding its market share.
Notable Products
In November 2024, the top-performing product from Modern Flower was Motorbreath (3.5g) in the Flower category, which climbed to the number one position with a sales figure of 6761. Space Age Cake Pre-Roll 2-Pack (1g) secured the second spot, showing strong performance in the Pre-Roll category. Jenny D (3.5g) ranked third, experiencing a slight drop from its previous second position in September 2024. Space Age Cake (3.5g) maintained its presence in the rankings, moving into fourth place, while Ice Cream Cake (3.5g) entered the list at fifth. These shifts indicate a dynamic market with Motorbreath (3.5g) showing significant growth compared to earlier months.
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.