Simply Better Brands Corp. (OTCQB:PKANF) (TSX:SBBC) and Jones Soda Co. (OTCQB:JSDA) (CSE:JSDA) have terminated the previously announced letter of intent, due to current market conditions.
“We are disappointed that due to current market conditions we are unable to move forward with our intended transaction at this time. The Jones Soda brand is one we felt confident would add tremendous value to our existing platform and ultimately be accretive to shareholder value. We wish Jones management and their board much success in their future,” stated Kathy Casey, CEO of Simply Better Brands.
