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.
Overview
Jones Soda Co. is a pioneering premium beverage company headquartered in Seattle, Washington. Originally recognized as the original craft soda brand, Jones Soda has built a reputation for its innovative approach to flavor and design. The company is well-known for its craft sodas that use high quality natural ingredients such as cane sugar, and for its signature innovative labeling that features ever-changing, consumer-submitted photos. Incorporating industry-specific keywords like craft soda, premium beverage, and functional beverage, Jones Soda has successfully established itself within the competitive food and beverage landscape.
Product Lines
Jones Soda Co. markets a diverse portfolio of beverage products that appeal to a wide range of consumer tastes. Its product lines include:
- Craft Sodas: Featuring a mix of traditional sugar-sweetened sodas, zero-calorie sodas, and naturally sweetened sparkling beverages, these offerings are celebrated for their rich taste and creative flavor combinations.
- Mixers and Wellness Beverages: Beyond carbonated soft drinks, the company offers beverages designed to blend well with mixers for culinary creativity and healthier lifestyle choices.
- Cannabis-Infused Beverages: Under the Mary Jones brand, Jones Soda has ventured into the emerging market of cannabis-infused drinks and edibles. This line leverages nearly three decades of flavor innovation to create products that provide an alternative to traditional alcohol-based beverages.
- Functional Beverages: With recent introductions in prebiotic and low-calorie categories, such as all-natural prebiotic beverages, the company addresses modern consumer demands for healthier options without sacrificing taste.
Business Model & Distribution
The company's business model is built around generating revenue through a multifaceted distribution network. Jones Soda products are sold primarily through traditional beverage retailers and non-traditional outlets where carbonated beverages are not typically expected. Its extensive distribution spans brick-and-mortar retailers, convenience store channels, and increasingly, direct-to-consumer platforms. Strategic partnerships further enhance its market penetration. Whether it is the innovative product rollouts or the creative packaging aimed at capturing consumer interest, the company leverages its established reputation to test and refine new products via limited-edition releases and seasonal offerings.
Brand Personality & Innovation
What truly sets Jones Soda Co. apart is its unconventional brand personality, characterized by a commitment to bold flavors and creative expression. The dynamic labeling strategy, which incorporates photos sent in by consumers, not only offers a personal connection with the brand but also creates a collectible, constantly evolving product identity. Through frequent limited-edition launches and special release programs, the company continuously experiments with unique flavor profiles that expand consumer expectations beyond the typical soda offering. This innovative approach has helped Jones Soda maintain a distinct voice and strong customer loyalty over the years.
Industry Expertise & Consumer Focus
With a history that spans over two decades, Jones Soda Co. exemplifies a deep understanding of the beverage industry. The company’s continual evolution—from a craft soda innovator to a developer of cannabis-infused and functional beverage categories—reflects its expertise in flavor science and consumer trends. Its emphasis on high quality ingredients like cane sugar underscores its commitment to delivering a premium taste experience. By deploying data-driven insights and direct customer feedback, Jones Soda fine-tunes its product offerings, ensuring that its portfolio remains relevant and appealing in a competitive market. This multifaceted approach builds a solid foundation of trust among investors and consumers looking for quality and originality in beverage products.
Competitive Positioning
Jones Soda Co. holds a unique niche in the beverage market. Competing with both traditional soda manufacturers and emerging cannabis beverage brands, the company differentiates itself through its authentic craft soda heritage and relentless pursuit of flavor innovation. Each product, whether it is a traditional craft soda or a contemporary functional drink, is positioned as a testament to the company's commitment to quality and originality. This robust competitive positioning, alongside its unconventional marketing tactics, sets Jones Soda apart in a market that values both innovation and heritage.
Operational Highlights
Operationally, the company has embraced a lean yet dynamic structure that allows for quick adaptation to market trends. Strategic product testing through special release programs acts as a live focus group for the refinement of new beverages. Additionally, its crossover into new segments such as cannabis-infused products under the Mary Jones brand exemplifies a strategic diversification that taps into the growing demand for alternative consumption formats. This balanced approach of maintaining traditional craft soda roots while exploring new innovative categories is central to the company’s operational ethos.
Conclusion
In summary, Jones Soda Co. is much more than a beverage company; it is an innovative, consumer-connected brand deeply rooted in the craft soda legacy while actively exploring the broader landscape of premium and cannabis-infused beverages. Its emphasis on high quality ingredients, creative product launches, and a unique, ever-changing brand experience cements its position as a distinctive player in the food and beverage industry. Investors and industry observers recognize Jones Soda for its mastery in flavor development, its strategic market diversification, and a business model that continues to evolve in step with consumer demands.
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.
Jones Soda (JSDA) has secured a new $5 million revolving credit facility with Two Shore Capital Corp., replacing their previous $2 million facility from May 2024. The funds will be used for working capital to support expected sales growth in modern soda and adult beverage categories in 2025.
The facility bears a 13.75% annual interest rate and is secured by all company assets. As part of the agreement, Jones will issue 750,000 warrants to Two Shores at an exercise price of $0.45 per share with a three-year term, subject to Canadian Securities Exchange approval.
Jones Soda Co. (JSDA) has appointed Scott Harvey as CEO and Brian Meadows as CFO, effective immediately. The appointments aim to implement a strategic plan focused on transforming Jones from a craft soda company into a comprehensive beverage company with profitable growth.
Harvey, former president of Dunn Brothers Coffee with 40 years of industry experience, and Meadows, a seasoned CFO with over 25 years of experience, will lead the company's strategic initiatives. The plan focuses on three key areas: craft soda (emphasizing Jones Minis and zero-sugar versions), modern soda (featuring Pop Jones and Fiesta Jones), and adult beverages (including Spiked Jones and Mary Jones Hemp Delta-9 beverages).
The company recently secured distribution agreements covering 2,000 convenience stores, marking its first significant presence in this channel in its nearly 30-year history.
Jones Soda Co. (JSDA) has secured distribution in nearly 2,000 C-stores, marking its first major convenience channel presence in its 30-year history. The distribution agreements include three product lines: Fiesta Jones (Latin-inspired drinks in 16 oz resealable aluminum bottles), Pop Jones (low-calorie functional sodas in 12 oz slim cans), and classic Jones sodas in glass bottles.
The rollout begins February 2025 across multiple Circle K divisions and other chains, supported by major distributors including Dot Foods, McLane, and Core-Mark. Fiesta Jones, developed specifically for C-stores, features Latin-influenced flavors with 80 calories per bottle. Pop Jones offers 30-calorie functional sodas with added fiber and immune support.
The company is also expanding its Mary Jones cannabis brand into Missouri and growing in the HD9 space.
Jones Soda Co. (JSDA) is expanding its Mary Jones cannabis product line to Missouri, the fifth-largest legal cannabis market in the US, through a partnership with Kansas City-based CLOVR. The initial launch on January 14, 2025, will feature THC-infused sodas in four flavors, with additional varieties planned for Q2. The products include 100mg THC-infused sodas in 16 oz cans, with future additions of 20mg THC sodas, 10mg shooters, and THC-infused syrups.
The expansion follows Mary Jones' success in California, where it won Best Cannabis Soda awards in 2023 and 2024. Missouri's cannabis market has surpassed Colorado in adult-use sales, employs nearly 20,000 people, and generated approximately $238 million in tax revenue in 2024. CLOVR, a premium cannabis product manufacturer, will handle manufacturing and distribution in Missouri.
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.
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