STOCK TITAN

Jones Soda Co. - JSDA STOCK NEWS

Welcome to our dedicated page for Jones Soda Co. news (Ticker: JSDA), a resource for investors and traders seeking the latest updates and insights on Jones Soda Co. stock.

Jones Soda Co. (JSDA) is headquartered in Seattle, Washington and is a leading craft soda manufacturer that markets and distributes premium beverages under the Jones Soda, Jones Zilch, and Jones Stripped brands. Known for its variety of flavors, high-quality ingredients, and innovative labeling techniques, Jones Soda offers a diverse product line with options for everyone. Their products, including cane sugar soda, zero-calorie soda, and naturally sweetened sparkling beverages, are sold primarily in traditional beverage retailers across North America. Additionally, Jones Soda has expanded its offerings to include cannabis-infused products under the Mary Jones brand.

Rhea-AI Summary

Jones Soda announces the launch of Jones Craft Cola and Jones Craft Zero Cola, co-branded with Nitrocross, marking the company's entry into the cola category. This collaboration with Nitrocross, a motorsports entity, will kick off at the Nitrocross race in Richmond, VA, on September 6-7, 2024. The new products will be sold at Nitrocross events and nationwide. CEO David Knight emphasizes this partnership as part of Jones Soda's broader growth strategy, aiming to capture a younger audience with their premium, natural cane sugar and zero-calorie cola options. This initiative builds on Jones' legacy in the action sports community, extending their existing relations with Thrill One Sports & Entertainment and Street League Skateboarding.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.81%
Tags
none
-
Rhea-AI Summary

Jones Soda Co. (CSE: JSDA, OTCQB: JSDA) announced an increase in its private placement from $3 million to $4 million due to high demand. The company will issue up to 10 million units at $0.40 per unit. Each unit consists of one common share and one-half of a detachable share purchase warrant, exercisable at $0.50 per share within 24 months. The proceeds will support growth and general corporate purposes. The offering targets accredited investors in the U.S. and eligible non-U.S. investors, with a closing expected around July 23, 2024. The offering is contingent on regulatory approvals.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.87%
Tags
private placement
-
Rhea-AI Summary

Jones Soda Co. (CSE: JSDA, OTCQB: JSDA) announced a private placement of up to 7.5 million units at $0.40 per unit, aiming to raise $3 million. Each unit comprises one common share and a half-share purchase warrant, with each whole warrant exercisable at $0.50 per share for 24 months. The company can accelerate the expiry of the warrants if the stock price exceeds $0.80 for five consecutive days. Proceeds will support growth and general corporate purposes. The offering targets accredited U.S. investors under Regulation D and non-U.S. investors under Regulation S, with an expected closing date of July 18, 2024, pending regulatory approvals.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.87%
Tags
none
Rhea-AI Summary

Jones Soda (CSE: JSDA, OTCQB: JSDA) has launched Mary Jones Hemp Delta-9 (HD-9) Shooters, expanding its product lineup beyond traditional sodas. These new two-ounce portable beverages contain 10MG of HD-9 and come in flavors like Berry Lemonade, Green Apple, MF Grape, and Orange & Cream. This product aims to meet growing consumer demand for small, convenient drink formats and further the company's transition into a high-growth beverage market. CEO David Knight emphasized the company's innovation and national retail market expansion through this new offering. The HD-9 Shooters are available in various brick-and-mortar stores and online.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

Jones Soda (JSDA) has announced a charitable partnership with Folds of Honor, a nonprofit providing educational scholarships to families of fallen or disabled U.S. service members and first responders. To kick off the collaboration, Jones Soda will donate 50% of profits from a special 4th of July 12-pack featuring three popular flavors—Strawberry Lime, Cream Soda, and Berry Lemonade. The pack, adorned with the Folds of Honor flag symbol, is available for purchase on the Jones Soda website, with delivery in time for 4th of July. The partnership will extend to the Jones+ Caffeine energy drink line, available across multiple retail channels, including military and grocery stores. CEO David Knight emphasized the importance of supporting military veterans and first responders, while Folds of Honor's CEO, Lt Col Dan Rooney, highlighted the significance of the partnership in raising funds and awareness for their mission.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.01%
Tags
partnership
-
Rhea-AI Summary

Jones Soda Co. (CSE: JSDA, OTCQB: JSDA) has announced its entry into the $19.1 billion craft mixer category with the launch of Jones Premium Craft Mixers. The new range includes six flavors, sold in 7.5-ounce single-size cocktail four-packs, and a mixed six-pack that requires only the addition of vodka. These products will be available nationally by Fall 2024. The launch follows Jones Soda's recent ventures into mini soda cans and pre-mixed alcohol products. CEO David Knight emphasized the company's flavor mastery and commitment to expanding beyond craft soda. The craft mixer market is experiencing an 8.2% CAGR and strong growth in premium segments.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.54%
Tags
none
Rhea-AI Summary

Jones Soda Co. (CSE: JSDA, OTCQB: JSDA) has launched its new 7.5 ounce mini cans, branded as Jones Minis, available in 700 Walmart stores across the U.S. The mini cans, containing four of Jones' popular flavors, are caffeine-free and ideal for various occasions. The launch will be supported by a nationwide sampling campaign, starting at the Bentonville Bike Fest from May 23-26, 2024. Jones Soda aims to expand Jones Minis across more retailers and into Canadian markets by Fall 2024. CEO David Knight highlights this as another first for the brand, reinforcing Jones Soda's reputation for innovation. The company also plans further growth into alcohol, food service, and cannabis sectors.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.66%
Tags
none
-
Rhea-AI Summary

Jones Soda Co. (CSE: JSDA, OTCQB: JSDA) reported its Q1 2024 financial results, marking its highest revenue first quarter since 2009. Revenue increased by 29% to $5.0 million, with a gross profit margin increase of 850 basis points to 37.8%. The company's net loss improved to $1.2 million from $1.4 million in Q1 2023. The Mary Jones brand contributed $600,000 in revenue, up from $200,000 the previous year. Significant business activities included collaboration with Grubhub, a partnership with Street League Skateboarding, and expanded distribution with Dot Foods. Management remains optimistic about future growth, particularly in the cannabis beverage segment.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
36.05%
Tags
-
Rhea-AI Summary

Street League Skateboarding (SLS) and Jones Soda have signed a multi-year partnership to champion action sports, featuring collaborations across in-venue, content, and athlete activations. Jones Soda will serve as the official sponsor of the all-new 'SLS Futures' youth program, tapping into the innovative spirit of SLS events. This partnership aims to celebrate and develop the next generation of skateboarders while enhancing fan engagement.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.04%
Tags
partnership
Rhea-AI Summary

Jones Soda Co. (CSE: JSDA, OTCQB: JSDA) will hold a conference call on May 14, 2024, to discuss financial results for Q1 2024. The call will include a live Q&A and visual presentation for investors and analysts.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.04%
Tags

FAQ

Where is Jones Soda Co. headquartered?

Jones Soda Co. is headquartered in Seattle, Washington.

What are some of the brands under Jones Soda Co.?

Jones Soda Co. markets premium beverages under the Jones Soda, Jones Zilch, and Jones Stripped brands.

What makes Jones Soda unique in the beverage industry?

Jones Soda is known for its variety of flavors, high-quality ingredients, and innovative labeling techniques that incorporate photos from consumers.

Where are Jones Soda products primarily sold?

Jones Soda products are primarily sold through traditional beverage retailers across North America.

What expansion has Jones Soda made besides craft sodas?

Jones Soda has expanded its offerings to include cannabis products under the Mary Jones brand.

Jones Soda Co.

OTC:JSDA

JSDA Rankings

JSDA Stock Data

53.16M
73.52M
15.18%
13.3%
0.08%
Soft Drink Manufacturing
Manufacturing
Link
United States of America
Seattle