Check out these highlighted stats and leaderboards selected from Washington’s Cultivera Market Report for the First Quarter of the year.
Highlighting Performance in Washington's Q1 Cultivera Market Report
Last year we launched the to share news, updates, and top performers from the Cultivera Marketplace in our home state of Washington.
Since their initial launch, our quarterly Cultivera Market Report series has offered readers a bird’s-eye-view of the Cultivera Marketplace in our home state of Washington. This incredible resource features sales stats along with top brands, buyers, products, and trends in the state’s Cultivera Marketplace over the quarter.
With the Cultivera Market platform about to become available to vendors outside of Cultivera Pro for the first time, we’re proud to share how the Marketplace continues to help businesses boost sales while elevating users and helping them scale.
So, what brands, and trends, have been taking Washington’s legal cannabis marketplace by storm?
See it all in the Q1 Cultivera Market Report, or read on to take a look at our selected highlights below.
Washington Cultivera Market By The Numbers
Since launching, the Cultivera Market has continued to show incredible growth every quarter.
Beginning with a quick overview of the quarter, here’s a selection of some of the fascinating facts from the Q1 Cultivera Market Report in Washington:
Top Sales Day: Monday
Continuing a trend from the last few quarters, the Cultivera Marketplace saw the most B2B sales orders processed on Mondays; more than any other day of the week.
Top Inventory Category: Extracts & Concentrates
Out of all products sold in the Cultivera Marketplace last quarter, 46% were from the Extracts & Concentrates inventory category!
Total Retailers On The Market: 454 🛒
454 Washington Retailers placed orders in the Cultivera Market last quarter, that’s a whopping 95% of the state’s total licensed Dispensaries!
Top Strain Name: Wedding Cake 🍰
For the fourth quarter in a row, the strain name “Wedding Cake” was the highest selling strain name, out of 3,875 unique strain names sold.
(Top 10 list below!)
Total Orders Placed: 18,326 🛍️
There were over 18,000 orders placed in the first quarter of 2023; a 55% increase over the same period in 2022!
Total Sales Processed: $42,767,133
In the first quarter of 2023, 454 Retail buyers placed over $42 million in orders, resulting in a 39% increase over Q1 of 2022!
Producer/Processor Leaderboards
Built to increase revenue for business operators across the supply chain, the Cultivera Marketplace helps cannabis Producers, Processors, and Distributors boost sales by connecting them with qualified retail buyers with the click of a button.
Here are some of the top performing Cultivera Market
"Biggest Movers"
These Licensed Producers/Processors and Distributors have dramatically increased their overall utilization in the platform quarter-over-quarter.
- Petrol Extracts (Amerikan Weed)
- Mobius
- Constellation Cannabis
- Discovery Garden
- One of a Kind Genetics
Keep on growing strong! 💪🏽
Top Utilization
Washington Producer/Processor & Distributor licenses with the highest total utilization of the Cultivera Market platform in the First Quarter:
New To The Market!
These licensed Producers/Processors & Distributors got their B2B order portal started on the Cultivera Market platform in the first quarter! Licensed shoppers can now find their live menus in the Cultivera Marketplace.
Top Brands By Volume
But which Producers/Processors & Distributors are selling the most in Washington’s Cultivera Marketplace?
Despite the ongoing challenges of the cannabis industry across the state, and the country, these brands continue to top the sales charts. Here are the top 10 brands by sales volume:
Top Market Shares by Category
Last last year, we started taking a closer look at the top brands in the Washington Cultivera Market, in each product category.
Here are the top five Producers/Processors and Distributors in each of the top three inventory categories who hold the largest shares of sales in the Cultivera Marketplace during Q1.
Extracts & Concentrates
Want to see more? Check out the leaderboards for Liquid Edibles, Infused Products, and Topicals in the Q1 Cultivera Market Report.
Retailer & Dispensary Leaderboards
The Cultivera Market is made to connect qualified buyers with licensed sellers across the supply chain. As it continues to grow, so does our network of incredible retail shoppers.
In fact, during the first quarter of 2023, 454 unique retailers placed a total of 18,326 orders in Washington’s Cultivera Market!
But who’s topping the charts?
Top Retail Utilization
Here are the Washington Retailers with the highest percentage of purchases through Cultivera Market, out of all purchases in Q1. (With a minimum of $10k in Market sales.)
Top Retail Purchasers
The top five Retail and Dispensary buyers on the Cultivera Market this quarter, by total sales volume:
Product & Inventory Leaderboards
Which products and inventory categories are retailers buying the most?
With over 18,000 orders placed in Washington’s Cultivera Market throughout the quarter, here are the top performing products, inventory categories, and strain names.
Top Inventory Categories
The top five highest selling Inventory Types sold in the Washington Cultivera Market in Q1:
- Extracts & Concentrates
- Flower & Pre-Rolls
- Edibles
- Infused Flower & Pre-Rolls
- Liquid Edibles
Top Strain Names
Out of an incredible number of unique strain names sold in Washington’s Cultivera Market over Q1, the top performers were a mix of familiar names from last year, and a few new ones!
Here are the top ten selling strain names in the Cultivera Market in the first quarter:
- Wedding Cake
- Blue Dream
- Green Crack
- Sour Diesel
- Pineapple Express
- Purple Punch *New to Top 10!
- Ice Cream Cake
- Oreoz *New to Top 10!
- Runtz *New to Top 10!
- Northern Lights
Top New Products
The top highest selling NEW products in Q4 in Washington’s Cultivera Marketplace, by volume.
One product listed per company.
- “Lemon Cherry Gelato” Flower 3.5g – SubX
- “KK” Full Spectrum Disposable 1g – MFused
- “Vice City” 7g Flower – Gābriel
- “Red Velvet” CC Cart 1g – NWCS
- K-Savage: “Horchata” 3.5g – Minglewood Brands
Top Products, By Category
This quarter we took a closer look at all the top performing products sold in the Cultivera Market during the first quarter. Here are the top products sold in each Inventory category. (One from each product type. One product listed per company.)
Flower & Pre-Rolls
K-Savage: “Lilac Wine” 3.5g Flower
Minglewood Brands
Infused Products
“Wedding Cake” SugarStix
Lifted Cannabis
Edibles (Non-Liquid)
Elderberry + CBN Gummies
Wyld
Topicals
1:1 Roll-Up Dragon Balm Xtra
Ceres Gardens
🔎 Want more top product details? Check out the full Q1 Report for all the top performers, including pages dedicated to the top five products sold in each inventory category.
Get The Q1 Cultivera Market Report
Want more than just highlights from the Washington Cultivera Market Report For Q1?
The Cultivera Market Report offers a unique behind-the-scenes look at Washington’s top Producers/Processors, Distributors, Retailers, and Products!
To see all these details and more for yourself, sign up for access to Washington’s Q1 Cultivera Market Report now by clicking the button below.
Book A Demo
The Cultivera Market platform features streamlined inventory management, live 24/7 B2B menus, simplified reports and manifest generation, plus a host of time- and money- saving workflows.
We have even seen that when Cultivera users utilize their Cultivera Market platform, their visibility and sales rise, sometimes even overnight!
Book a demo to see this powerful B2B marketplace in action, and learn how Cultivera can help your operation grow.
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