.svg){kind=small}
Nov-2024
Sales
Trend
6-Month
Product Count
SKUs
Overview
Market Insights Snapshot
Nomad Extracts has demonstrated a consistent performance in the Concentrates category across different states, with notable movements in rankings. In Colorado, the brand has shown a steady improvement, climbing from the 8th position in August 2024 to the 5th position by November 2024. This upward trajectory indicates a strengthening presence in the Colorado market, despite a slight dip in sales from August to October. However, the recovery in November suggests a potential rebound or successful strategy implementation. This consistent presence in the top 10 highlights the brand's resilience and competitive edge in Colorado's Concentrates market.
In contrast, Nomad Extracts' performance in Missouri presents a different narrative. The brand did not appear in the top 30 rankings for August, September, or October 2024, which could indicate challenges in market penetration or competition. However, by November, Nomad Extracts achieved a ranking of 27th, marking their entry into the top 30. This breakthrough could signify the beginning of increased brand recognition or a shift in consumer preferences in Missouri. The sales figures, although modest compared to their Colorado performance, suggest a nascent but growing footprint in the Missouri market.
Competitive Landscape
In the competitive landscape of concentrates in Colorado, Nomad Extracts has shown a notable upward trajectory in rankings over the past few months. Starting from a rank of 8th in August 2024, Nomad Extracts climbed to 5th by November 2024, indicating a positive trend in market positioning. This improvement comes amidst a dynamic market where competitors like Denver Dab Co and 710 Labs have experienced fluctuations, with Denver Dab Co maintaining a relatively stable position around 7th to 9th place, while 710 Labs saw a decline from 4th to 6th place. Meanwhile, Next1 Labs LLC and Spectra have also been strong competitors, with Next1 Labs LLC consistently ranking in the top 5 and Spectra rebounding to 3rd place in November. Nomad Extracts' ascent in rank suggests an effective strategy in capturing market share, despite the intense competition and varying sales trends among its peers.
Notable Products
In November 2024, Dante's Inferno #8 Sugar Wax (1g) emerged as the top-performing product for Nomad Extracts, climbing from its previous fourth place in August to secure the number one spot with sales of 702 units. Love Affair Wax (1g) followed closely in second place, marking its debut in the rankings with significant sales. Devil Driver Wax (1g) took the third position, demonstrating strong market entry. Do-Si-Dos Shatter (1g) and Grease Monkey Wax (1g) both shared the fourth rank, indicating a tie in their performance. The rankings saw a notable shift from previous months, with several products making their first appearance in the top five during November.
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.
