Gold Crown

Data Snapshot: Apr 04, 2024
Gold Crown Cannabis Brand Logo
$100K+

Mar-2024

Sales

Strong Growth

Trend

6-Month

111

Product Count

SKUs

Gold Crown

Overview

Gold Crown is a reputable cannabis brand known for its extraction of hash oil from fresh-frozen cannabis plants, resulting in a concentrated product that maximizes the plant's therapeutic potential. Their offerings include edibles such as evenly dosed cannabis-infused gummies, sold commonly in multi-packs, and a hydrocarbon refined concentrate made from dry and cured cannabis called Wedding Cake Crumble. A unique aspect of this brand is their service of toll processing to extract oil from cannabis, designed to cater to specific client needs, underlining their flexibility and dedication to product innovation.
Markets

Gold Crown Locations

Product Trends

Gold Crown Categories

Gold Crown Sales

Market Insights Snapshot

Gold Crown Historical Sales by Category

In Michigan, Gold Crown has shown a mixed performance across different cannabis product categories over the recent months. Concentrates have seen a slight decline in ranking from 19th in December 2023 to 23rd in March 2024, indicating a possible challenge in maintaining its market position amongst stiff competition, despite a minor increase in sales from December to January. The edible category, however, tells a story of recovery and potential growth. After dropping from a rank of 62 in December 2023 to 76 in January 2024, Gold Crown made a significant jump to 57th by March, supported by a notable increase in sales, suggesting a rebound that could interest investors and market analysts alike.

Pre-Roll products under the Gold Crown brand in Michigan have shown an impressive improvement in their market standing. Starting from a rank of 89 in December 2023, they climbed to 61st by March 2024. This upward trajectory is particularly noteworthy considering the substantial increase in sales over the same period, peaking in March. Such performance highlights Gold Crown's growing influence and consumer acceptance in this category. However, the brand was not listed among the top 30 in any other state or province across the categories, which could be viewed as a missed opportunity or a focused strategy on dominating the Michigan market before expanding elsewhere.

Mar-2024 Rank
Concentrates
Edible
Pre-Roll
23
57
61
Gold Crown

Competitive Landscape

In the competitive landscape of the concentrates category in Michigan, Gold Crown has experienced a fluctuating performance over the recent months. Initially ranked 19th in December 2023, it saw a slight improvement in January 2024 moving up to 17th, before dropping to 21st in February and further to 23rd in March 2024. This trend suggests a challenging environment for Gold Crown, especially when considering the movements of its competitors. Notably, Bamn showed a strong performance, improving from 20th to 11th, although it slightly fell back to 24th by March. Meanwhile, Fruit & Fuel had a dramatic fluctuation, disappearing from the rankings in February before surging to 22nd in March. Ozone and Uplyfted Cannabis Co. also showed notable movements, with Uplyfted Cannabis Co. making a significant jump to 25th in March from much lower ranks in the preceding months. These dynamics indicate a highly competitive market where brand positions can change rapidly, impacting Gold Crown's rank and sales, and highlighting the importance of strategic marketing and product quality to maintain or improve market position.

Gold Crown market ranking for MI Concentrates

Gold Crown

Notable Products

In March 2024, Gold Crown's top-selling product was the Jesters - Orange Creamsicle Infused Pre-Roll (1.5g), achieving first place with sales reaching 3061 units. Following closely behind, the Jesters - Strawberry Shortcake Infused Pre-Roll (1.5g) secured the second position, showing significant growth from its previous fourth place in February. The Jesters - Berry Gelato Infused Pre-Roll (1.5g), which was the leader in January and February, dropped to third place in March. The Jesters - Blueberry Diesel Infused Pre-Roll (1.5g) made a notable entry into the top rankings by securing the fourth spot, despite not being ranked in the previous months. The entry of Tropical Passion Gummies 10-Pack (200mg) into the fifth position marks the only non-pre-roll product to make it into the top five for Gold Crown in March.

Product Rank
Category
Dec-2023
Jan-2024
Feb-2024
Mar-2024
Jesters - Orange Creamsicle Infused Pre-Roll (1.5g)
Pre-Roll
4
3
3
1
Jesters - Strawberry Shortcake Infused Pre-Roll (1.5g)
Pre-Roll
>5
4
4
2
Jesters - Berry Gelato Infused Pre-Roll (1.5g)
Pre-Roll
1
1
2
3
Jesters - Blueberry Diesel Infused Pre-Roll (1.5g)
Pre-Roll
5
>5
>5
4
Tropical Passion Gummies 10-Pack (200mg)
Edible
>5
>5
>5
5
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