JSDA - Jones Soda's Marijuana Drinks Bring In 200% Higher Q1 Revenue Co. Eyes Expansion And Praises New Hemp Delta-9 Products | Benzinga
Jones Soda Co. (CSE:JSDA) (OTCQB:JSDA) reported its financial results for the first quarter ending March 31, 2024, revealing revenue improvement of 39% year-over-year reaching $5 million, from $3.9 million. The quarterly results include approximately $600,000 in revenue from the cannabis business – Mary Jones, compared to approximately $200,000 in the first quarter of 2023.
“2024 is off to a great start as I’m pleased to report our highest revenue performance for the first quarter since 2009,” stated David Knight, president and CEO of Jones Soda. “I believe we are making excellent progress transitioning Jones from a soda company to a high-growth beverage company. Through this process, we have entered into several strategic partnerships to expand ...