Jones Soda Launches Mary Jones Cannabis Brand In Washington State Dispensaries
Portfolio Pulse from Joana Scopel
Jones Soda Co. has launched its cannabis-infused brand, Mary Jones, in Washington state dispensaries. The THC craft soda is available in 12- and 16-ounce cans with THC infusion levels of 10mg and 100mg. The manufacturing and distribution operations are managed by CompCanna Inc., a Washington-licensed cannabis processor, and Dogtown Pioneers, Inc. The company plans to expand into Michigan and Nevada. JSDA shares were trading down at 1.32% at $0.187 at market close Friday afternoon.
October 02, 2023 | 2:30 pm
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Jones Soda Co. has launched its cannabis-infused brand, Mary Jones, in Washington, with plans for further expansion. This could potentially increase the company's market share and revenues in the long term. However, JSDA shares were trading down at 1.32% at market close.
The launch of the cannabis-infused brand in Washington could potentially increase Jones Soda Co.'s market share and revenues in the long term. However, the immediate impact on the stock price is negative, with JSDA shares trading down at 1.32% at market close. The future impact will depend on the success of the product and the company's expansion plans.
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