Container with magnetic closure

A container, comprising:

• an outer shell formed from a water-resistant material, and having a front portion, a back portion, side portions, and a base portion, the outer shell further comprising:
• an opening at a top of the container extending into a storage compartment;
• a closure mechanism, further comprising:
• a first magnetic strip coupled to an internal surface of the container on a first side of the opening;
• a second magnetic strip having a second magnetic strip top side and a second magnetic strip bottom side, wherein the second magnetic strip is coupled to a second side of the opening by a first flexure element, wherein the first flexure element is connected to the container at a first top end and has a first free end opposite the first top end such that the second magnetic strip is configured to flex and pivot relative to the first magnetic strip;
• a third magnetic strip having a third magnetic strip top side and a third magnetic strip bottom side, wherein the third magnetic strip top side is coupled to the container by a second flexure element, wherein the second flexure element is connected to the container at a second top end and has a second free end opposite the second top end such that the third magnetic strip is configured to flex and pivot relative to the first magnetic strip;
• wherein the second magnetic strip is configured to be magnetically coupled to the first magnetic strip inside the storage compartment;
• and
• wherein the third magnetic strip is outside the storage compartment and is configured to be magnetically coupled to the first magnetic strip, wherein when in a closed configuration the first magnetic strip is positioned between the second magnetic strip and the third magnetic strip.