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Sep-2024
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Overview
Market Insights Snapshot
THClear Co has shown a notable presence in the Oregon market, particularly in the Tincture & Sublingual category. In June 2024, the brand was not in the top 30, but it made a significant leap to rank 13th in July and maintained this position through August. By September, THClear Co improved slightly to reach the 12th position. This progression indicates a positive trend in the Oregon market, suggesting that the brand is gaining traction and consumer interest in this category.
The absence of THClear Co from the top 30 rankings in June signifies either a previous lack of market penetration or a recent strategic push that has begun to pay off. The steady climb in rankings from July onwards reflects a growing acceptance and possibly an increase in consumer demand for their products. While the specific sales figures for September are not disclosed, the upward movement in rankings suggests a favorable market response. This trend could be indicative of successful marketing strategies or product quality improvements that have resonated well with the Oregon consumer base.
Competitive Landscape
In the Oregon Tincture & Sublingual category, THClear Co has shown a steady improvement in its market position, moving from being unranked in June 2024 to securing the 12th position by August 2024. This upward trend in rank is accompanied by a significant increase in sales, indicating a growing consumer preference for THClear Co's products. Comparatively, Peak Extracts experienced a decline in rank from 11th in June to 13th in September, alongside a decrease in sales, which suggests a potential shift in consumer loyalty towards THClear Co. Meanwhile, Luminous Botanicals has maintained a strong presence, consistently ranking higher than THClear Co, but its sales have shown volatility, peaking in July before dropping in September. Bobsled Extracts also experienced fluctuations, with a notable drop from 4th in June to 11th in July, indicating market instability. These dynamics highlight THClear Co's potential to capitalize on its competitors' inconsistencies and further enhance its market share in Oregon.
Notable Products
In September 2024, the top-performing product for THClear Co was the CBD Pineapple Syrup Tincture (100mg CBD) in the Tincture & Sublingual category, maintaining its number one rank for four consecutive months with sales reaching 406 units. This product has consistently held the top spot since June 2024, showing a steady increase in sales each month. Notably, this product has seen a significant rise in popularity, with a sales increase from 136 units in June to 406 units in September. The consistent performance of this product highlights its strong market appeal and customer preference within its category. Other products have not shown as much consistency or growth, making the CBD Pineapple Syrup Tincture a standout performer for THClear Co.
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.
