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.
Jones Soda reported Q3 2024 financial results with revenue of $4.2 million, down from $4.5 million year-over-year. Gross margin decreased to 21.2% from 32.9%. The company recorded a net loss of $2.6 million, or $(0.02) per share. Mary Jones business contributed $800,000 in revenue, up from $220,000 in Q3 2023. Performance was impacted by Canadian distributor transition, loss of a U.S. discount retailer, and slower HD9 distribution network ramp-up. The company raised $3.7 million through private placement, ending Q3 with $2.7 million in cash.
Jones Soda (JSDA) announced the resignation of Joe Culp, Director of Finance and Interim CFO, effective November 4, 2024. The company appointed Ronald Dissinger, a current board director, as Interim CFO while searching for a permanent replacement. Dissinger brings significant financial leadership experience from his role as Senior VP and CFO at Kellogg Company from 2010 to 2017. Paul Norman, Board Chairman and Interim CEO, expressed gratitude for Culp's five years of service and confidence in Dissinger's capabilities during this transition period.
Jones Soda (CSE: JSDA, OTCQB: JSDA) has scheduled its Third Quarter 2024 earnings conference call for Wednesday, November 13, 2024, at 4:30 p.m. ET. The company will release its financial results for the quarter ended September 30, 2024, prior to the call. Chairman and Interim President and CEO Paul Norman will host the conference. The call will be accessible via toll-free and international dial-in numbers, with a replay available until November 27, 2024. A live broadcast and replay will also be available through the company's website.
Jones Soda (JSDA) announced that David Knight has departed as President and CEO, effective October 25, 2024. Board chairman Paul Norman has been appointed as Interim President and CEO. Norman, who joined the board in 2019 and became chairman in 2022, brings over 30 years of consumer products experience, including serving as President of Kellogg's North America from 2015 to 2018. The company has initiated a search for a permanent CEO. Norman expressed commitment to value-creation strategies, efficient operations, and continuing the launch of new brands while the search for a permanent CEO is underway.
Jones Soda (CSE: JSDA, OTCQB: JSDA) has announced its 2024 Advent Calendar featuring 24 days of products and merchandise. The calendar includes full-sized classic beverages and introduces new product lines: Jones Craft Cola, Zero Cola, Jones+ (caffeinated versions), Pop Jones (prebiotic beverage), and Fiesta Jones (Latin-inspired, low-sugar flavors). The package combines traditional Jones sodas with branded merchandise like shirts and beanies. The calendar features whimsical holiday characters and is available for preorder with shipping starting November 1.
Mary Jones, the cannabis brand by Jones Soda (CSE: JSDA, QTCQB: JSDA), has won top honors in the 2024 Benzinga Hemp Beverage Competition. Their HD9 Root Beer was named 'Best D9 THC-Infused Soda', with HD9 Berry Lemonade as runner-up. These sodas use pure cane sugar formulations and lab-tested THC derived from hemp, maintaining Jones' craft soda quality while eliminating the common weedy aftertaste.
The Mary Jones HD9 lineup includes various flavors in 12 oz cans with 5 or 10 mg of THC. Products are available for direct shipping to consumers in most states and in retail venues. CEO David Knight emphasized the company's flavor expertise and strength in the HD9 market. Jones Soda was the first nationally distributed CPG soda company to enter both the cannabis and HD9 markets.
Jones Soda (CSE: JSDA, QTCQB: JSDA) is launching Fiesta Jones, a new line of Latin-inspired sodas tailored for convenience stores. The line features four flavors: Watermelon Strawberry, Mango Passion Fruit, Coconut Lime, and Guava Berry. Each 16 oz bottle contains 80 calories and 19 grams of sugar, less than half of standard sodas. The drinks come in resealable aluminum bottles and contain no caffeine or artificial colors.
Fiesta Jones will be available through Dot Foods and distributors. Jones Soda is showcasing the line at NACS Vegas Booth C5762. This launch is part of Jones Soda's strategic initiatives to expand beyond craft sodas, which include recent introductions of cola products, a prebiotic beverage, and various other product lines. The company is also experiencing growth in its cannabis brand and HD9 space.
Jones Soda (CSE: JSDA, QTCQB: JSDA) has released its 2024 Halloween-themed -edition sodas. The lineup includes Blood Sucker (Strawberry-Lime), Zombie Juice (Green Apple), and the new Ghoulish Grape. These sodas come in classic long-neck glass bottles, featuring fiendish face labels and vibrant colors. Sweetened with 100% pure cane sugar, they're available on the Jones website in 12-packs or variety packs.
Orders placed by October 22 will arrive by Halloween. Blood Sucker and Zombie Juice are also sold individually at World Market locations nationwide. CEO David Knight emphasized that these Halloween flavors, a tradition since 2005, showcase Jones Soda's uniqueness and commitment to fun, even as the company expands into new product categories.
Jones Soda (CSE: JSDA) (QTCQB: JSDA) is launching Pop Jones, a new line of all-natural prebiotic beverages, marking its entry into the functional beverage category. These 30-calorie artisanal flavored sodas come in five varieties: Cucumber Watermelon, Pineapple Ginger, Orange & Cream, Strawberry Passionfruit, and Mixed Berry & Kiwi. Pop Jones is sweetened with fruit juice, cane sugar, and stevia leaf extract, containing only 4 grams of total sugar and 2 grams of added sugar per 12 oz can.
The new line offers fiber and immune support with apple cider vinegar, agave inulin, and 20% of the daily recommended zinc intake. Pop Jones will be available in select retail locations and on JonesSoda.com starting next month. This launch aligns with Jones Soda's strategic growth campaign, which includes recent introductions like Jones Minis, Jones+, Spiked Jones, and Jones Craft Cola varieties.
Jones Soda Co. (CSE: JSDA, OTCQB: JSDA) has expanded its Mary Jones cannabis brand with new Hemp Delta-9 (HD9) Cola and Zero Cola flavors. These products are among the first HD9 colas in the market, including the first HD9 zero-calorie cola. The new flavors join the existing HD9 lineup of Berry Lemonade, Green Apple, MF Grape, and Orange & Cream sodas, as well as gummies and shooters.
Key points:
- Available in 12 oz cans with 5 or 10 mg of infused THC
- Cola sweetened with natural cane sugar, Zero Cola with sucralose
- Products can be shipped directly to consumers in most states
- Mary Jones cannabis products are sold in dispensaries in California, Michigan, Washington, and Canada
- Jones Soda was the first nationally distributed CPG soda company to enter the cannabis and HD9 markets
FAQ
What is the current stock price of JONES SODA CO (JSDA)?
What is the market cap of JONES SODA CO (JSDA)?
Where is Jones Soda Co. headquartered?
What are some of the brands under Jones Soda Co.?
What makes Jones Soda unique in the beverage industry?
Where are Jones Soda products primarily sold?
What expansion has Jones Soda made besides craft sodas?
