Magic Number

Data Snapshot: May 04, 2024
Magic Number Cannabis Brand Logo
$100K+

Apr-2024

Sales

Neutral

Trend

6-Month

73

Product Count

SKUs

Magic Number

Overview

Magic Number is a distinguished cannabis brand based in Oregon, renowned for their lineup of craft-brewed live-resin beverages and tinctures. At the forefront of Oregon's cannabis revolution, the company is recognized as the premier liquid cannabis company in the state, applying craft brewing practices to create top-selling cannabis beverages. Magic Number's unique selling point is its precision dosing, with each serving of its product thoughtfully calibrated to ensure a consistent, controlled experience.
Markets

Magic Number Locations

Product Trends

Magic Number Categories

Magic Number Sales

Market Insights Snapshot

Magic Number Historical Sales by Category

In the competitive landscape of Oregon's cannabis market, Oregon, Magic Number has established a dominant position within the Beverage category, maintaining the top rank from January to April 2024. This consistency in ranking is a testament to the brand's strong market presence and consumer preference in the state. Notably, the brand saw a significant increase in sales from March to April, jumping from 426,625 to 452,616, indicating a growing consumer base or possibly successful marketing strategies during this period. The sustained number one rank across these months highlights Magic Number's ability to maintain consumer loyalty and possibly outperform competitors in the Beverage category. However, it's important to note that while Magic Number leads in this category, the analysis does not cover its performance across other categories or states, which could provide a more comprehensive view of its overall market standing.

While the detailed performance of Magic Number in other states or categories remains unexplored here, the available data from Oregon offers valuable insights into the brand's market dynamics within the state. The absence of rankings outside the Beverage category or in other states could either suggest a focused strategy on dominating this particular niche in Oregon or reflect areas of potential expansion for the brand. The consistent top ranking in Oregon also raises questions about the competitive landscape in the Beverage category, including how other brands are positioning themselves in response to Magic Number's dominance. Analyzing these aspects could provide a fuller picture of Magic Number's market strategy and performance but requires a broader dataset that encompasses more categories and geographical locations.

Apr-2024 Rank
Beverage
1
Magic Number

Competitive Landscape

In the competitive landscape of the beverage category in Oregon, Magic Number has maintained its leading position from January to April 2024, consistently outperforming its competitors in terms of rank and sales. Notably, Keef Cola and Mule Extracts have been trailing behind, securing the second and third ranks, respectively, throughout the same period. While Magic Number has seen a steady increase in sales, reaching its peak in April 2024, Keef Cola, despite holding the second rank, has a significant gap in sales compared to Magic Number, although it also experienced growth. Mule Extracts, on the other hand, has seen fluctuations in its sales figures, ultimately showing a slight decrease by April 2024. This trend highlights Magic Number's strong market presence and consumer preference in Oregon's beverage category, suggesting a robust competitive advantage and potential for sustained growth.

Magic Number market ranking for OR Beverage

Magic Number

Notable Products

In April 2024, Magic Number's top-performing product was Sasparilla Soda (100mg THC, 12oz) within the Beverage category, maintaining its number one rank from previous months with impressive sales of 3250 units. Following closely, Artisan Series Old Fashioned Lemonade (100mg THC, 237ml) and Artisan Series- Bright and Citrusy Limeade (100mg) held their second and third positions respectively, indicating a stable consumer preference for these beverages. A new entrant, Ginger Beer Soda (100mg THC, 12oz), made a notable appearance at rank four, showcasing a growing diversity in the top product lineup. The Cherry Vanilla Soda (100mg THC,355ml) slightly shifted in its ranking from earlier months, settling at the fifth position in April. These rankings highlight a consistent demand for Magic Number's beverage line, with little fluctuation in consumer favorites over the recent months.

Product Rank
Category
Jan-2024
Feb-2024
Mar-2024
Apr-2024
Sasparilla Soda (100mg THC, 12oz)
Beverage
1
1
1
1
Artisan Series Old Fashioned Lemonade (100mg THC, 237ml)
Beverage
2
2
2
2
Artisan Series- Bright and Citrusy Limeade (100mg)
Beverage
3
3
3
3
Ginger Beer Soda (100mg THC, 12oz)
Beverage
>5
>5
>5
4
Cherry Vanilla Soda (100mg THC,355ml)
Beverage
5
4
4
5
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