Nov-2024
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Overview
Market Insights Snapshot
Triple Seven has demonstrated varying performance across different states and categories, with notable movements in rankings. In Arizona, the brand's Flower category experienced a significant drop, falling from 23rd in August 2024 to 44th by November 2024. This decline is mirrored by a decrease in sales, which dropped to $95,234 in November. Conversely, the Pre-Roll category in Arizona saw a brief appearance in the rankings at 24th in September, indicating a potential area for growth despite not sustaining a top 30 position in the following months. In Colorado, Triple Seven's Flower category has shown impressive performance, climbing from 3rd place in August to securing the top spot by November, accompanied by a steady increase in sales, showcasing the brand's strong foothold in this market.
In Illinois, Triple Seven's presence in both Flower and Pre-Roll categories has been relatively stable, with minor improvements in rankings. The Flower category improved slightly from 41st in August to 38th in November, while the Pre-Roll category saw a more significant climb from 34th to 24th over the same period, reflecting a positive trend in consumer preference. Meanwhile, in Ohio, the brand's Flower category showed a mixed performance, initially rising to 11th in October before slipping back to 15th in November. This fluctuation in Ohio suggests potential challenges in maintaining consistent growth, despite a strong performance earlier in the year. Such insights indicate that while Triple Seven has areas of strength, there are also opportunities for strategic improvements across different markets.
Competitive Landscape
In the competitive landscape of the Colorado flower market, Triple Seven has demonstrated a remarkable upward trajectory in recent months. Initially ranked third in August and September 2024, Triple Seven surged to the second position in October and claimed the top spot by November. This ascent is particularly noteworthy given the consistent performance of Good Chemistry Nurseries, which held steady at the second and third ranks during the same period, and Seed & Strain Cannabis Co., which maintained the leading position until November. The shift in rankings suggests that Triple Seven's strategies are effectively capturing market share and resonating with consumers, as evidenced by their sales growth outpacing these established competitors. This dynamic change highlights the brand's potential to sustain its leadership in the market, making it a compelling focus for stakeholders interested in the evolving cannabis industry landscape.
Notable Products
In November 2024, Bubbashine (5.66g) from Triple Seven maintained its position as the top-selling product in the Flower category, with notable sales of 8,884 units. Chem White (3.5g) emerged as the second best-selling Flower product, making its debut in the rankings. Twisted Helix Pre-Roll (1g) secured the third spot in the Pre-Roll category, showing strong sales performance. Dirty Squirt Pre-Roll (1g) returned to the rankings at fourth place, having previously ranked fourth in August. Black Triangle (14g) slipped from third place in October to fifth in November in the Flower category, indicating a slight decline in sales momentum.
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.