Welcome to our dedicated page for Jones Soda news (Ticker: JSDA), a resource for investors and traders seeking the latest updates and insights on Jones Soda stock.
Jones Soda Co. reports developments across its craft soda business, including financial results, product launches, retail distribution and branded partnerships. The company’s updates have featured core soda sales, direct-to-consumer activity, food service, modern soda products and multi-pack programs in Walmart and warehouse club channels in the United States and Canada.
Company announcements also cover licensed beverage programs such as Fallout-inspired Sunset Sarsaparilla, packaging partnerships tied to consumer campaigns, conference calls, operating guidance and management commentary on margins, cost discipline and channel expansion.
On February 28, 2023, Jones Soda (CSE: JSDA, OTCQB: JSDA) announced the appointment of Gregg Reichman to its Board of Directors until the next annual meeting of stockholders. Chairman Paul Norman expressed confidence that Reichman’s expertise in finance and investments will enhance the company's corporate strategy, aiming to deliver greater value to stockholders through growth and diversification. The company is known for its craft sodas and cannabis products, with a presence in both traditional beverage markets and the cannabis sector across North America.
Jones Soda Co. (CSE: JSDA, OTCQB: JSDA) will host a conference call on March 9, 2023, at 4:30 p.m. Eastern time to discuss its fourth quarter and full-year financial results for 2022. The results will be released prior to the call. Investors and analysts are encouraged to submit questions by March 3, 2023. The call can be accessed via a toll-free number or online and will be available for replay until March 16, 2023. Jones Soda is a leading craft soda maker known for its unique flavors and user-submitted photo labels, with products distributed across North America.
Jones Soda Co. (CSE: JSDA, OTCQB: JSDA) announces the expansion of its cannabis-infused beverage brand, Mary Jones, into Washington after a successful California launch. Washington, a top 10 cannabis market, is a priority due to strong local demand. Manufacturing is managed by CompCanna Inc. and Dogtown Pioneers, ensuring swift distribution. Mary Jones will offer a variety of THC-infused beverages, including popular flavors like Root Beer and Berry Lemonade. With anticipated annual sales in Washington projected at $2.5 billion by 2025, the company aims for significant growth.
Jones Soda Co. (CSE: JSDA, OTCQB: JSDA) announces the launch of its Mary Jones Cannabis-Infused Syrups in select dispensaries starting December 19, 2022. These syrups, available in four flavors—Root Beer, Berry Lemonade, Green Apple, and Orange & Cream—contain 100mg of THC per 4 fl oz bottle. They are designed for versatility, suitable for cocktails, desserts, or sipped straight. This product release coincides with the holiday season and aims to enhance the brand's presence in the growing cannabis market. The syrups will debut at Sweet Flower locations in California.
Jones Soda Co. (CSE: JSDA, OTCQB: JSDA) has announced its partnership with Empire Marketing Strategies to enhance its presence in over 2,000 Kroger stores. This collaboration aims to increase the brand's assortment across multiple Kroger divisions, utilizing Empire's expertise in retail analytics and management. Jones Soda has experienced nine consecutive quarters of revenue growth, driven by strengthened retail relationships and innovative marketing strategies. The partnership also involves managing inventory at Kroger's Ocado-automated fulfillment centers, expanding the company's reach in online grocery delivery.
Jones Soda Co. (CSE: JSDA, OTCQB: JSDA) reported a 5% revenue increase, reaching $4.8 million for Q3 2022, marking the ninth consecutive quarter of year-over-year growth. However, gross profit margin declined to 26.9% from 32.0% due to higher material costs. The net loss widened to $1.7 million from $59,000 the previous year, partly due to $0.8 million in expenses related to cannabis product developments. Cash reserves increased to $8.2 million. The Company aims to enhance margins and expand its cannabis offerings moving forward.
Jones Soda Co. (CSE: JSDA, OTCQB: JSDA) is launching two limited-edition, holiday-themed sodas, Turkey and Gravy Soda and Sugar Cookie Soda, in U.S. stores this month. These flavors are part of the company's Special Release program, aimed at increasing brand awareness and customer engagement. The sodas will be available in single bottles and 4-packs, priced between $1.69 and $6.99. This initiative builds on the success of previous releases, contributing to nine consecutive quarters of revenue growth and profitability, according to President Eric Chastain.
Jones Soda Co. (CSE: JSDA, OTCQB: JSDA) is launching a new 100mg THC cannabis-infused soda in California, expanding its popular Mary Jones brand. This new product will be available in 16 oz resealable cans in four classic flavors: Root Beer, Berry Lemonade, Green Apple, and Orange & Cream. Following the successful introduction of 10mg sodas earlier this year, the new higher-dose product aims to cater to a more mature cannabis consumer. The company reports a strong placement in over 150 dispensaries, anticipating continued growth in its cannabis division moving forward.
Jones Soda Co. (CSE: JSDA, OTCQB: JSDA) will hold a conference call on November 3, 2022, at 4:30 p.m. Eastern time to discuss its third quarter financial results for the period ending September 30, 2022. The financial results will precede the call. Investors can submit questions via email by November 2, 2022, at 5:00 p.m. Eastern time. The call will be broadcast live and can be replayed until November 10, 2022. For more information, visit the company’s website.
Jones Soda Co (CSE: JSDA, OTCQB: JSDA) announced a nationwide Jones College Cooler contest for college students, which offers a chance to win dorm-sized refrigerators, bottled soda, and other prizes. Beginning September 29, students can enter weekly photo challenges that encourage creativity and social sharing. Each week, 10 winners will be chosen to receive prizes, including limited-edition flavors for the holiday season. The contest aligns with Jones Soda's branding, emphasizing user-generated content and community engagement.