.svg){kind=small}
Aug-2024
Sales
Trend
6-Month
Product Count
SKUs
Overview
Market Insights Snapshot
The Greenery Hash Factory has shown a dynamic performance across various states and product categories, particularly in the Concentrates category in Colorado. The brand experienced fluctuations in its ranking, starting at 28th in May 2024, peaking at 20th in June 2024, and then dropping back to 28th by August 2024. This volatility suggests that while the brand can achieve higher rankings, maintaining a consistent position within the top 30 presents challenges. The sales figures also reflect this trend, with a notable decrease from $127,286 in June to $66,457 in August, indicating a significant decline in consumer demand or market competition pressures during the summer months.
Interestingly, The Greenery Hash Factory did not feature in the top 30 brands for Concentrates in any other states or provinces, which could be seen as a missed opportunity for market expansion or a reflection of regional preferences. The absence from other markets highlights areas for potential growth and the need for strategic planning to enhance brand presence outside of Colorado. Monitoring these movements and understanding the underlying factors driving these changes can provide valuable insights for stakeholders looking to optimize performance and market share in the competitive cannabis industry.
Competitive Landscape
In the competitive landscape of Colorado's concentrates market, The Greenery Hash Factory has experienced notable fluctuations in its ranking and sales performance from May to August 2024. The brand saw a peak in June, climbing to the 20th position, but faced a decline to the 28th spot by August. This volatility is contrasted by competitors such as Harmony Extracts, which also experienced significant rank changes, peaking at 14th in July before dropping out of the top 20 by August. Similarly, 14er Gardens showed a strong performance in July, reaching the 15th position, but fell back to 27th in August. Meanwhile, Green Treets and TREES demonstrated upward trends, with TREES notably improving its rank from 64th in May to 26th in August. These dynamics suggest a highly competitive market where The Greenery Hash Factory must strategically navigate to maintain and improve its position amidst fluctuating performances by its rivals.
Notable Products
In August 2024, Moroccan Hash (1g) emerged as the top-performing product for The Greenery Hash Factory, climbing to the number one rank with notable sales of $239. Sativa Moroccan Hash (1g) followed closely in second place, maintaining a consistent presence in the top ranks over the past months. Spritzer Lebanese Hash (1g) secured the third spot, showing a steady increase in its ranking. Hybrid Lebanese Hash (1g) entered the top four for the first time this month. Sativa Lebanese Hash (1g), which previously held the top rank in May and July, dropped to fourth place in August.
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.
