tiprankstipranks
Company Announcements

Jones Soda Secures $5 Million Credit Facility for 2025 Growth

Story Highlights
Jones Soda Secures $5 Million Credit Facility for 2025 Growth

Discover the Best Stocks and Maximize Your Portfolio:

Jones Soda ( (JSDA) ) just unveiled an update.

Jones Soda Co. has announced a new $5 million revolving credit facility with Two Shore Capital Corp., aimed at supporting anticipated sales growth in 2025. This facility, which replaces a previous $2 million credit facility, underscores Jones Soda’s focus on expanding its presence in the modern soda and adult beverage markets, leveraging its partnership with Two Shores for financial stability and market opportunities.

More about Jones Soda

Jones Soda Co. is a leading developer of sodas and hemp-infused beverages known for their premium taste and unique flavors. The company markets a diverse portfolio of sodas, mixers, spiked soda, and wellness beverages under the Jones Soda brand, as well as a line of award-winning hemp beverages and edibles under the Mary Jones brand.

YTD Price Performance: 72.35%

Average Trading Volume: 206,774

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $33.96M

For a thorough assessment of JSDA stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1