Quantum Alchemy

Data Snapshot: May 05, 2024
Quantum Alchemy Cannabis Brand Logo
$100K+

Apr-2024

Sales

Strong Growth

Trend

6-Month

43

Product Count

SKUs

Quantum Alchemy

Overview

Quantum Alchemy, woven into the fabric of the West Coast cannabis culture, specializes in the cultivation and processing of high-quality, pure cannabis, with unique strains produced through years of diligent refinement. Based in Oregon, the brand is distinguished for preserving the full terpene and cannabinoid profile of their products through methods like freezing raw cannabis flower, resulting in THC levels occasionally surpassing 70%. Operating under OLCC licensing, Quantum Alchemy's offerings also extend to THC extract for vape pens and ingestible oils, further asserting their dedication to versatile, exceptional weed products.
Markets

Quantum Alchemy Locations

Product Trends

Quantum Alchemy Categories

Quantum Alchemy Sales

Market Insights Snapshot

Quantum Alchemy Historical Sales by Category

In the competitive cannabis market of Oregon, Quantum Alchemy has shown notable performance across different product categories, with its trends in the Concentrates and Vapor Pens categories deserving particular attention. For Concentrates, Quantum Alchemy improved its ranking significantly from 46th in January 2024 to 30th by April 2024, suggesting a strong upward trajectory in market acceptance and sales, which peaked at 53,510 in April after starting at 32,931 in January. This trend is mirrored in the Vapor Pens category, where Quantum Alchemy maintained a steady improvement in its rankings from 53rd in January to 44th in both March and April 2024, alongside a notable sales peak in March at 82,230. These movements indicate a growing consumer preference for Quantum Alchemy's offerings in these categories within Oregon, highlighting the brand's successful strategies in capturing market share.

However, the brand's performance in the Pre-Roll category tells a different story. Despite a slight improvement in rankings from 76th in January to 70th by April 2024, Quantum Alchemy struggled to make significant inroads in this highly competitive segment. This is particularly evident when considering that the brand was not within the top 30 for any month, a position that could significantly impact its visibility and sales potential in the category. While sales did see an increase from 20,328 in January to 25,829 in April, the slower pace of improvement compared to the Concentrates and Vapor Pens categories suggests that Quantum Alchemy may need to reassess its strategies within the Pre-Roll market in Oregon to bolster its performance and market position.

Apr-2024 Rank
Concentrates
Pre-Roll
Vapor Pens
30
70
44
Quantum Alchemy

Competitive Landscape

In the competitive landscape of Vapor Pens in Oregon, Quantum Alchemy has shown a notable upward trajectory in both rank and sales from January to April 2024. Initially ranked 53rd in January, it improved its position to 44th by April, underscoring a significant rise through the ranks. This performance is particularly impressive when compared to its competitors. For instance, Cannabis Nation INC and Bigfoot Bud Co have shown fluctuations in their rankings but remained below Quantum Alchemy by April. Meanwhile, Happy Cabbage Farms and Culture Farms, despite having higher sales, indicate a competitive edge but also highlight Quantum Alchemy's potential to further disrupt the market dynamics. Quantum Alchemy's sales growth, from being lower than these competitors in January to surpassing brands like Bigfoot Bud Co by April, suggests a growing consumer preference and market share within the state's vapor pen category.

Quantum Alchemy market ranking for OR Vapor Pens

Quantum Alchemy

Notable Products

In April 2024, Quantum Alchemy saw its top product as Betsy OG RSO (1g) from the Concentrates category, achieving remarkable sales figures of 1241 units. Following closely behind in second place was the Wedding Cake Live Resin Cartridge (1g) from the Vapor Pens category, which had climbed from the top position in March to second place in April. The third spot was taken by Chem Cookies Shatter (1g), also from the Concentrates category, indicating a strong consumer preference for concentrated cannabis products this month. Memory Loss RSO (1g) and Glizzystick - Durban Dawg Infused Blunt (1.7g) rounded out the top five, securing the fourth and fifth positions respectively, showcasing a diverse interest in product types including Pre-Rolls. This ranking demonstrates a significant shift in consumer preferences within Quantum Alchemy's product lineup, highlighting the dynamic nature of the cannabis market.

Product Rank
Category
Jan-2024
Feb-2024
Mar-2024
Apr-2024
Betsy OG RSO (1g)
Concentrates
>5
>5
>5
1
Wedding Cake Live Resin Cartridge (1g)
Vapor Pens
>5
4
1
2
Chem Cookies Shatter (1g)
Concentrates
>5
>5
>5
3
Memory Loss RSO (1g)
Concentrates
>5
>5
>5
4
Glizzystick - Durban Dawg Infused Blunt (1.7g)
Pre-Roll
>5
>5
>5
5
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