Streetbeat News

JSDA

Jones Soda Co.

Employees

Industry

Soft Drink Manufacturing

Open

0.22

Mkt cap

23M

Volume

279K

High

0.22

P/E Ratio

-3.33

52-wk high

0.60

Low

0.20

Div yield

N/A

52-wk low

0.12

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

Jones Soda Co. is launching its 'Stoner October' California 2023 tour events, visiting over 25 top cannabis dispensaries throughout California. The company's Mary Jones brand, launched in 2022, can now be found in more than 350 dispensaries across California and has expanded to multiple cannabis-legal states. The brand features iconic flavors adapted for cannabis, available in 10MG and 100MG THC. Jones Soda's shares traded 1.6304% higher at $0.1870 per share at the market close on Tuesday.

Portfolio Pulse from Jelena Martinovic

October 11, 2023 | 1:04 pm

The article highlights the latest product innovations in the cannabis industry. Jones Soda Co. has introduced a new Orange Chocolate Soda. Gotham, a premium cannabis and cultural concept store, has collaborated with Edie Parker to release a limited edition tabletop lighter. Decibel Cannabis Company has launched a new 'Blinker' closed-loop vape system. Select, a top cannabis oil brand, has introduced a limited edition Holiday Cookies flavor vape. Gold Flora Corp. has unveiled a new retail brand, CURRENT, offering curated craft flowers.

Portfolio Pulse from Joana Scopel

October 05, 2023 | 9:43 pm

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.

Portfolio Pulse from Joana Scopel

October 02, 2023 | 2:30 pm

At the 2023 Benzinga Cannabis Capital Conference, cannabis companies discussed the importance of going mainstream and entering the consumer packaged goods (CPG) market. Acreage Holdings Inc (OTC:ACRHF) and Jones Soda Co (OTC:JSDA) emphasized the role of branding in this transition. Acreage's CMO Patricia Rosi highlighted the company's vision to become mainstream and bring its brands nationwide. Jones Soda's CEO David Knight stressed the importance of positioning a brand to consumers and engaging in consumer conversations.

Portfolio Pulse from Chris Katje

September 27, 2023 | 7:17 pm

At the recent Benzinga Cannabis Capital Conference, Luke Anderson, co-founder of Cann, and Smoke Wallin, president and CEO of hemp brand Vertical Wellness Inc., discussed the differential treatment between cannabis and beer in regulatory paradigms. They suggested that the current stance might not only be unfounded but also counterintuitive. The next conference will be held in Chicago on September 27 and 28.

Portfolio Pulse from Joana Scopel

August 31, 2023 | 3:58 pm

Jones Soda Co. reported Q2 2023 revenues of $4.8 million, down from $6.0 million in Q2 2022, due to a one-time inventory stocking event in 2022. However, the company's cannabis segment saw revenues double to $400,000 from Q1 2023. Gross profit was $1.6 million, down 7.6% YoY, but gross margin improved to 32.4%. Net loss improved to $1.0 million, and adjusted EBITDA improved to negative $729,000. The company expects to be operational in three new states by the end of the year.

Portfolio Pulse from Vuk Zdinjak

August 10, 2023 | 2:15 pm

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