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It is currently owned by The Hershey Company. The product was originally produced by the Jolly Rancher Company, founded in 1949 by Bill Harmsen of Golden, Colorado. The Jolly Rancher Company made ice cream, chocolate and candy sold at several Ranch Maid Ice Cream stores in the Denver area.
The fictional ranch was roughly a two-hour horse ride from Virginia City, Nevada. (Note: There are slight variations as to the origin of the Ponderosa Ranch, from the original Bonanza series, Lorne Greene's 1964 song Saga of the Ponderosa, the 1988-95 TV movies, and the 2001 PAX prequel series Ponderosa).