Streetbeat News

JSDA

Jones Soda Co.

Employees

Industry

Soft Drink Manufacturing

Open

0.20

Mkt cap

26M

Volume

63K

High

0.23

P/E Ratio

-3.19

52-wk high

0.60

Low

0.21

Div yield

N/A

52-wk low

0.15

Several cannabis companies, including Glass House Brands, Schwazze, Jones Soda, and SHF Holdings, are set to release their earnings reports in mid-August 2024. Key updates include Glass House's legal victory, Schwazze's debt restructuring, Jones Soda's private placement, and SHF Holdings' partnership with BIPOCann.

Portfolio Pulse from Jelena Martinovic

July 31, 2024 | 4:40 pm

Jones Soda Co. (OTCQB:JSDA) has closed the first tranche of its private placement offering, raising $3,013,960. The company plans to use the proceeds for growth and general corporate purposes. A second tranche is expected to close by July 31, 2024.

Portfolio Pulse from Jelena Martinovic

July 29, 2024 | 4:29 pm

Jones Soda Co. (OTCQB: JSDA) has increased its private placement to $5 million, issuing up to 12,500,000 units at $0.40 per unit. Each unit includes one common share and one-half of a detachable share purchase warrant, exercisable at $0.50 per share for 24 months. The proceeds will support growth and general corporate purposes.

Portfolio Pulse from Jelena Martinovic

July 18, 2024 | 2:11 pm

Jones Soda Co. reported a 39% year-over-year revenue increase for Q1 2024, reaching $5 million, with significant contributions from its cannabis business, Mary Jones. The company is transitioning from a soda company to a high-growth beverage company, with new product offerings and strategic partnerships. Gross profit margins improved, and net loss decreased slightly. The company also secured a $2 million revolving credit facility.

Portfolio Pulse from Nina Zdinjak

May 15, 2024 | 11:25 am

Jones Soda Co. (OTC:JSDA) has entered into a multi-year partnership with Street League Skateboarding (SLS) to integrate its craft sodas and cannabis-infused beverages into SLS events, including venues and athlete activations for the 2024 and 2025 seasons. The partnership also introduces 'SLS Futures', a youth development program sponsored by Jones Soda, aimed at nurturing young skateboarders. This collaboration is expected to enhance fan experiences and build on the growing popularity of SLS, following a record-breaking season with over 15 million viewers for the SLS Super Crown World Championship.

Portfolio Pulse from Nicolás Jose Rodriguez

May 09, 2024 | 2:25 am

The cannabis industry is witnessing significant executive changes across various companies, with new CEOs, CFOs, COOs, and board members being appointed. These changes come as the industry prepares for the Benzinga Cannabis Capital Conference in Florida, highlighting the sector's dynamic nature and growth. Notably, U.S.-based cannabis executives' salaries have surpassed the $500,000 mark, indicating the industry's lucrative potential. Companies like Decibel Cannabis, Schwazze, DIZPOT, and others have announced leadership changes, aiming to strengthen their market positions and expand operations.

Portfolio Pulse from Jelena Martinovic

April 16, 2024 | 12:22 am

Insiders at four penny stock companies have recently made significant share purchases. Knighted Pastures LLC bought 163,534 shares of Allied Gaming & Entertainment Inc. (AGAE) for about $233,053. Gregg Reichman acquired 150,000 shares of Jones Soda Co. (JSDA) for $21,750. James F Lynch purchased 750,000 shares of Globalstar, Inc. (GSAT) for approximately $1.26 million. Robert Averick bought 14,000 shares of Amtech Systems, Inc. (ASYS) for around $54,600. These transactions may signal insider confidence in the companies' prospects.

Portfolio Pulse from Avi Kapoor

December 21, 2023 | 11:29 am

Insiders at FTC Solar, Retractable Technologies, Cyanotech, and Jones Soda have recently made notable stock purchases. FTC Solar Director Ahmad Chatila bought 14,550 shares at $0.68 each, while Retractable Technologies CEO Thomas J Shaw acquired 1,626 shares at $1.15 each. Cyanotech Director Michael Davis purchased 39,455 shares at $0.90 each, and Jones Soda Director Gregg Reichman bought 175,200 shares at $0.15 each. These transactions may signal insider confidence in the companies' prospects.

Portfolio Pulse from Lisa Levin

December 05, 2023 | 12:22 pm

The cannabis industry sees a wave of executive appointments and board updates. Aaron Lopez is now the head of the National Hispanic Cannabis Council. The Blinc Group, 22nd Century Group, and Healing Commercial Real Estate Inc. have appointed new CEOs. 22nd Century Group (XXII) also sold its hemp/cannabis operations to Specialty Acquisition Corporation. Xebra Brands Ltd. (XBRAF) and iAnthus Capital Holdings, Inc. (ITHUF) elected new board directors. 4Front Ventures Corp. (FFNTF), Wana Brands, Jones Soda Co. (JSDA), FundCanna, FloraWorks Holdings Inc., and Ziel announced other key appointments.

Portfolio Pulse from Jelena Martinovic

December 04, 2023 | 10:46 pm

Jones Soda (OTC:JSDA) reported Q3 losses of $(0.01) per share, a 50% improvement from $(0.02) per share YoY. However, sales decreased by 6.43% to $4.50 million from $4.81 million YoY.

Portfolio Pulse from bharat@benzinga.com

November 09, 2023 | 10:16 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.