Jones Soda Co. Reiterates its Focus on Hemp-Derived (HD9) THC Market in Connection with its Recent Divestiture of Its Marijuana-derived THC Product Lines
1. Jones Soda divested its marijuana-derived THC business. 2. Focus remains on hemp-derived THC products, which show sales growth. 3. Retaining HD9 product line expected to enhance core beverage categories. 4. Distribution network includes over 26 top DSD distributors nationally. 5. CEO expresses optimism about strategic priorities post-divestiture.