Jones Soda Co Stock Price, News & Analysis

Jones Soda Co. (JSDA) has sold its cannabis beverage business, including all Mary Jones™ brand assets, to MJ Reg Disrupters LLC for $3 million total consideration. The deal includes $489,399 in immediate cash payment, with the remaining $2.51 million structured as a promissory note with payments scheduled through 2028. Additionally, a multi-year trademark licensing agreement allows MJ Reg to use the Mary Jones brand name for THC products, generating potential licensing fees of $2.175 million over 10 years. The divestiture aligns with Jones' strategy to streamline operations and focus on its core soda business, functional beverages, and adult beverage category.

Jones Soda (JSDA) reported Q1 2025 financial results, showing a revenue decline to $4.6M from $5.0M year-over-year. The company's net loss improved to $0.9M ($0.01 per share) from $1.2M, while Adjusted EBITDA improved 39% to -$0.6M. Under new leadership of CEO Scott Harvey and CFO Brian Meadows, Jones secured a $5M revolving credit facility and reduced selling and marketing expenses by 20%. The beverages segment generated $4.2M, including $0.9M from HD9 products, while the Cannabis segment contributed $380,000. Notable developments include the launch of Jones Zero Cola across 10,000+ stores and expansion of Pop Jones to 1,500+ chain stores. The company is implementing strategic initiatives focusing on operational efficiency, cost management, and growth in Core Soda, Modern Soda, and Adult Beverage categories.

Jones Soda (JSDA) has announced a strategic partnership with Crayola to create a special co-branded 12-pack featuring Jones' craft sodas matched with Crayola's temporarily unretired crayon colors. The limited-edition collection will include six Jones flavors with custom labels matching Crayola colors, packaged in a Crayola box-style container with an included crayon box. The partnership coincides with Crayola's year-long "unretirement" of eight nostalgic crayon colors, launched in March.

The collaboration aims to increase Jones Soda's brand visibility, open new sales channels, and target back-to-school retail opportunities. The special pack will feature popular Jones flavors like Berry Lemonade, Pineapple Cream, Green Apple, Grape, Strawberry Lime, and Orange & Cream, each paired with corresponding Crayola colors. The initiative is part of Jones Soda's broader strategy of establishing partnerships to drive growth and reach new customers.

Jones Soda (JSDA) has scheduled its Q1 2025 earnings conference call for Thursday, May 15, 2025, at 4:30 p.m. ET. CEO Scott Harvey and CFO Brian Meadows will host the call to discuss financial and operational results for the quarter ended March 31, 2025. The financial results will be released via press release before the call.

Investors can submit questions for management by email to JSDA@gateway-grp.com by Wednesday, May 14, 2025, at 5:00 p.m. ET. The call will be accessible via toll-free (1-877-407-0784) and international (1-201-689-8560) dial-in numbers using Conference ID 13753797. A replay will be available through May 29, 2025, and the call will be broadcast live on the company's website.

Jones Soda Co. (JSDA) has announced significant nationwide expansion of its prebiotic soda line, Pop Jones, across major retail chains. The product is now available in over 1,500 retail doors following its September 2024 online launch.

The expansion includes prominent retailers such as Albertsons-Safeway (683 stores), Kroger (196 stores), Market Basket (87 stores), and several other regional chains. Pop Jones features five flavors, including Watermelon Cucumber and Pineapple Ginger, containing just 30 calories per 12 oz can, 4g of total sugar, 3g of fiber, and 20% RDA of zinc for immune support.

The product placement in Modern Beverage POGs across these national and regional chain stores marks a strategic advancement in the company's penetration of the high-growth functional beverage category.

Jones Soda Co. (JSDA) has announced a major expansion of its POP Jones functional beverage line, securing distribution in 848 new retail locations across the U.S. The expansion includes 761 Albertsons stores across 13 states and 87 Market Basket locations in Massachusetts, New Hampshire, Maine, and Rhode Island.

POP Jones is a prebiotic craft soda containing 30 calories per 12 oz can, featuring real juice, 4g total sugar, 3g fiber, and 20% RDA zinc for immune support. The product line includes five flavors: Watermelon Cucumber, Pineapple Ginger, Orange & Cream, Strawberry Passionfruit, and Mixed Berry & Kiwi. Albertsons will carry four varieties, while Market Basket will stock the complete lineup.

Additionally, Jones Soda has expanded its convenience store presence with Fiesta Jones, a Latin-inspired line in 16 oz resealable aluminum bottles, securing nearly 2,000 C-store placements earlier this year.

Jones Soda (JSDA) reported mixed financial results for Q4 and full year 2024. Full-year revenue increased 15% to $19.1 million, driven by strong performance in beverages and cannabis segments. However, Q4 revenue declined to $2.8 million from $3.5 million year-over-year.

The company faced challenges including a $4.6 million net loss in Q4, wider than the $1.5 million loss in Q4 2023. Notable developments include securing a $5 million credit facility, expanding distribution networks to 81 partners, and launching new products like Jones Zero Cola across 10,000+ stores. The HD9 hemp-derived products generated $1.3 million in 2024 revenues.

Key metrics show gross profit margin declined to 21.3% from 29.1% in 2023, while full-year net loss increased to $9.9 million. The company took a one-time $1.2 million inventory write-off for discontinued products. Under new CEO Scott Harvey, Jones is focusing on operational efficiencies and cost structure optimization.

Jones Soda (CSE: JSDA, OTCQB: JSDA) has scheduled its Fourth Quarter and Full Year 2024 earnings conference call for Tuesday, April 1, 2025, at 9:00 a.m. ET. The company will release its financial results prior to the call.

CEO Scott Harvey and CFO Brian Meadows will host the conference call, which will include a Q&A session. Investors and analysts can submit questions for management via email to JSDA@gateway-grp.com by March 28, 2025, at 5:00 p.m. ET.

• Toll-free dial-in: 1-877-407-0784
• International dial-in: 1-201-689-8560
• Conference ID: 13752687

A live broadcast and replay will be available on the company's website, with telephonic replay access until April 15, 2025.

Jones Soda (CSE: JSDA, OTCQB: JSDA) has been named the official soda of World Pizza Champions, a nonprofit organization of elite pizza professionals connected to hundreds of pizzerias. This strategic partnership aims to expand Jones' presence in the foodservice channel and increase brand visibility through competitions, community events, and charitable projects.

As part of the sponsorship, Jones will be featured at the International Pizza Expo in Las Vegas in March, with the Jones logo displayed on team members' chef jackets. The partnership offers potential for adding hundreds of new distribution points for Jones products through the influence of world-class pizzaiolos on beverage choices in their restaurants and networks.