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.
Jones Soda Co. (CSE: JSDA, OTCQB: JSDA) will hold a conference call on March 10, 2022, at 4:30 p.m. ET to discuss its financial results for Q4 and the full year ending December 31, 2021. The results will be released prior to the call, and management will answer investor questions submitted via email by March 9. The call will be accessible via toll-free and international numbers, with a replay available until March 17, 2022. Jones Soda is known for its unique flavors and consumer-designed labels, distributing premium beverages across North America.
Jones Soda Co. has announced that its common stock will commence trading on the Canadian Securities Exchange (CSE) under the ticker symbol JSDA as of February 18, 2022. This decision follows the final listing approval from the CSE. Jones Soda markets premium craft beverages, emphasizing quality ingredients and innovative packaging. For additional details, stakeholders can refer to the company’s listing statement on the CSE and related profiles on SEDAR and the company's investor relations page.
Jones Soda Co. (JSDA) has successfully acquired all issued and outstanding common shares of Pinestar Gold Inc. as part of a strategic plan to expand into the cannabis sector. The acquisition followed a conference of $8 million in subscription receipts at $0.50 each, converting into shares and warrants of both companies. The move aims to develop cannabis-infused beverages and has secured conditional approval to list on the Canadian Securities Exchange, enhancing liquidity and market appeal. A new board of directors has been appointed, facilitating a refined corporate governance approach.
Jones Soda Co (OTCQB: JSDA) has launched its first bottled ICEE flavor, Cherry, in a special release program this February. The product, featuring a combination of Jones Soda's iconic label with ICEE branding, is now being shipped to select retailers. Additionally, Jones Soda plans to introduce Blue Raspberry and a new Mango Melon flavor during summer months. This collaboration aims to boost revenues, as the company has experienced growth for five consecutive quarters, and it seeks to expand its foodservice and retail presence.
Jones Soda Co (OTCQB: JSDA) partners with Wesana Health and Mike Tyson to launch a new line of nootropic supplements aimed at enhancing mental health.
This collaboration seeks to create beverages focused on promoting brain health through natural ingredients. The drinks, Tyson’s Punch and Tiger’s Blood, blend functional nootropics with refreshing flavors. Available for purchase on Jonessoda.com, this initiative is set to debut in Q1 2022, reflecting their commitment to innovative health solutions.
Jones Soda Co. (OTCQB: JSDA) has entered a sponsorship agreement with UFC Women's Bantamweight Champion Julianna Peña, enhancing their brand visibility and marketing efforts. As part of the collaboration, Peña will promote Jones Soda during media appearances and on social media, wearing the company’s logo on her fight apparel. This partnership aims to leverage Peña's popularity and authentic brand alignment with Jones Soda's bold identity, contributing to the company's growth strategy.
Jones Soda Co. (OTCQB: JSDA) announced the promotion of Eric Chastain to president of its new Jones Soda Beverage Division. This aligns with the company's strategy to expand into the cannabis-infused beverage and edibles market, as previously announced in July. Chastain, a veteran of the company since 2001, aims to leverage brand equity while continuing to drive growth in its core soda business. This shift marks an executive expansion, including the recent appointment of a chief marketing officer, in preparation for these new ventures.
Jones Soda Co. (JSDA) reported its third-quarter results for 2021, marking its fifth consecutive quarter of revenue growth. Revenue increased by 29% to $4.6 million, with a gross profit margin improvement to 32%. The net loss decreased significantly to $59,000, compared to $450,000 a year earlier. The company also plans to launch a portfolio of cannabis products in Q1 2022, enhancing its market presence. Cash reserves reached $5.9 million, up from $4.6 million at the end of 2020, signaling improved financial stability.
Jones Soda Co (OTCQB: JSDA) announces the addition of 210 Meijer stores across six Midwestern states, enhancing its retail presence. This agreement allows Meijer to stock Jones Soda's top five flavors and offers flexibility for introducing 4-packs and 12-count Variety Packs. With a restored partnership, Jones Soda aims to build its brand and meet growth targets following a previous collaboration from 2004 to 2016. Initial shipments began this month, extending the brand's reach to consumers in Michigan, Illinois, Indiana, Kentucky, Ohio, and Wisconsin.
Jones Soda Co. (OTCQB: JSDA) will host a conference call on November 4, 2021, at 4:30 p.m. Eastern time to discuss its third-quarter financial results for the period ending September 30, 2021. A press release detailing these results will be issued before the call. Investors are invited to submit questions via email by November 3, 2021. The call will be accessible via a toll-free number and will also be available for replay from 7:30 p.m. Eastern time on the same day through November 11, 2021.