Jammin Java Corp. (OTCPK:JAMN), formerly went by Marley Coffee Inc until September 2009. This company was founded in 2004 and is based in Beverly Hills, California. JAMN sells premium roasted coffee to grocers, retailers, online etc in the U.S. Through partner distributors the products are sold in Canada, Mexico and the Caribbean. Also offered are tea products such as ready to use and instant.
The competitors for this company include Starbucks, Tully's, Seattle's Best, and Green Mountain Coffee. JAMN is currently looking into the use of travelers using the coffee products in hotel rooms as well. You can find these products sold through various retailers such as Whole Foods Market, Dean and Deluca, Molley Stones and other specialty grocers. The coffee comes from two suppliers. They are Canterbury Coffee Corp. and European Roasterie Inc.
Rohan Marley (son of Bob Marley), is the chairman of JAMN and has been effective with the sales of its products. He strives to support communities and the environment by using partner farms in Africa, Central America and others as well as his own Jamaica Blue Mountain coffee farm.
JAMN is currently trading for $.20. The previous close was for $.16. This company's market cap is $15.5M.Over the course of the past 52 weeks, this stock has had a low trade of $.08 and a high up to $.35.
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Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.