.svg){kind=small}
Oct-2024
Sales
Trend
6-Month
Product Count
SKUs
Overview
Market Insights Snapshot
Oleum Extracts (Oleum Labs) has consistently maintained a strong presence in the Concentrates category within Washington, holding steady at the 5th and 6th positions from July to October 2024. This stability indicates a robust market position, although there was a slight dip in sales from September to October. The brand's performance in this category suggests a reliable consumer base and a well-received product line. However, the absence of top 30 rankings in other states or provinces highlights a potential area for growth or expansion for Oleum Extracts.
In contrast, Oleum Extracts has experienced more volatility in the Pre-Roll and Vapor Pens categories in Washington. The Pre-Roll category saw a decline from the 58th to the 80th position by October, indicating challenges in maintaining market share. Similarly, the Vapor Pens category witnessed a drop from the 55th to the 75th position, with a significant decrease in sales. These movements suggest potential issues with product competitiveness or shifting consumer preferences. The lack of top 30 placements in these categories outside Washington further emphasizes the brand's limited reach or appeal in these segments.
Competitive Landscape
In the Washington concentrates market, Oleum Extracts (Oleum Labs) has experienced a slight decline in rank from July to October 2024, moving from 5th to 6th place. This shift is notable as competitors like Dabtastic have shown significant upward momentum, climbing from 9th to 4th place during the same period, indicating a strong increase in their market presence. Meanwhile, Crystal Clear has also improved its position, advancing from 15th to 8th place, suggesting a growing consumer preference. Despite these changes, Oleum Extracts (Oleum Labs) maintains a competitive edge over Tasty Terps, which has consistently ranked just below Oleum, remaining in 6th and 7th positions. The data suggests that while Oleum Extracts (Oleum Labs) remains a strong player, it faces increasing competition from brands that are rapidly gaining traction in the market.
Notable Products
In October 2024, Oleum Extracts (Oleum Labs) saw the Sugar Cone - Runtz Infused Pre-Roll 2-Pack (1g) rise to the top as the best-performing product, with sales reaching 876 units. The Blueberry Cookies Honey Crystal (1g) dropped to second place after previously holding the top rank in September, showcasing a consistent demand with 819 units sold. The Sugar Cone - Tropic Haze Infused Pre-Roll (1g) debuted at the third position, indicating a strong market entry. Meanwhile, the Sugar Cone - Narnia Infused Pre-Roll 2-Pack (1g) secured the fourth spot, maintaining a steady presence in the top rankings. Blue Dream Honey Crystal (1g) slipped to fifth place, suggesting a slight decline in its popularity 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.
