.svg){kind=small}
Oct-2024
Sales
Trend
6-Month
Product Count
SKUs
Overview
Market Insights Snapshot
Red Eye Extracts (OR) has shown a consistent performance in the Concentrates category within Oregon over the past few months. The brand maintained a strong position, ranking third in July, August, and September, before experiencing a slight dip to fourth place in October. Despite this minor shift in ranking, the brand's sales figures have exhibited a positive trend overall, with a noticeable increase from July to August. However, there was a slight decline in September before recovering in October. The ability to remain within the top five highlights Red Eye Extracts’ resilience and strong market presence in the Oregon concentrates market.
It is noteworthy that Red Eye Extracts (OR) has not appeared in the top 30 brands in any other state or province, which could be perceived as a limitation in their geographical reach. This absence in other regions suggests that the brand's influence and market penetration are currently concentrated solely in Oregon. While this local focus might serve them well in maintaining a stronghold in their home state, it also presents a potential area for growth if they aim to expand their footprint beyond Oregon. Such expansion could diversify their market risk and offer additional revenue streams.
Competitive Landscape
In the Oregon concentrates market, Red Eye Extracts (OR) has consistently maintained a strong presence, ranking third in July, August, and September 2024, before slipping to fourth in October. This slight decline in rank could be attributed to the impressive performance of Bobsled Extracts, which surged from eighth place in August to third in September and further climbed to third in October, showcasing a significant upward trajectory in sales during this period. Meanwhile, High Tech has consistently held the second position, indicating a stable market share. Entourage Cannabis / CBDiscovery and White Label Extracts have also shown competitive dynamics, with Entourage improving from ninth to sixth place by October, and White Label maintaining a top-five position throughout. These shifts highlight the competitive landscape that Red Eye Extracts (OR) faces, emphasizing the need for strategic initiatives to reclaim its higher rank and bolster sales in this rapidly evolving market.
Notable Products
In October 2024, Gary Payton Cured Resin (1g) emerged as the top-performing product for Red Eye Extracts (OR) with notable sales of 5,946 units, reclaiming its number one position after slipping to second place in September. Afghanilope Break Cured Resin (1g) made a strong debut at the second rank, while OG Glue Cured Resin (1g) and Cherry It Cured Resin (1g) followed closely, securing the third and fourth positions respectively. Strawberry Jack Mimsy Cured Resin (1g) experienced a decline, dropping from the top position in September to fifth place. The category of Concentrates continues to dominate the sales rankings for Red Eye Extracts (OR), showcasing a dynamic shift in consumer preferences within this period.
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.
