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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.