JONES SODA CO - JSDA STOCK NEWS

Jones Soda Co. (CSE: JSDA, OTCQB: JSDA) reported a sixth consecutive quarter of revenue growth, achieving an 18% increase to $2.9 million in Q4 2021. Full-year revenue rose 24% to $14.8 million. Gross profit margin improved significantly, increasing 720 basis points to 29.7% for the year. Despite a net loss of $1.8 million (-$0.03 per share), this was an improvement from the previous year. The company is set to enter the cannabis sector, with launches expected by Q1 2022, and has secured partnerships to enhance brand visibility and distribution.

Jones Soda Co. (CSE: JSDA, OTCQB: JSDA) has announced a significant expansion of its fountain beverage program through a new partnership with Costco Business Centers across the U.S. The company will provide its Root Beer bag-in-box cane sugar syrup, marking the first nationwide distribution in this channel. This partnership aims to enhance market presence in the foodservice sector and cater to businesses needing fountain supplies. The initial shipments are set to arrive this month, with promotional tools included to boost brand recognition.

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.