Jones Soda (OTCMKTS:JSDA) Stock Gains Momentum: Here is Why

On Tuesday, Jones Soda (OTCMKTS:JSDA) was in focus after it made a significant new announcement. The company revealed that it had appointed a new member in its board of directors in the form of Gregg Reichmann. It was further noted that he was going to serve in the position of a director of the Jones Soda board up until the next annual meeting of shareholders comes along.

Jones Soda Co. Announces Appointment Of New Director To The Board Of Directors

The Chairman of the company’s board Paul Norman spoke about how the appointment of Reichmann was going to help Jones Soda. He noted that there was excitement at Reichmann’s appointment to the board and his background in investments and finance was expected to be a big help for Jones Soda’s corporate strategy.

Jones Soda is one of the leading players in the craft soda manufacturing industry and currently has a growing range of cannabis products. The company is involved in the manufacturing and marketing of premium craft sodas which are sold under two separate brands, Lemoncocco and Jones Soda. On the other hand, it markets a range of cannabis products under the Mary Jones brand. The company is based out of Seattle in Washington.