Profile
Sector:
Consumer DefensiveIndustry:
TobaccoCountry:
United StatesIPO:
26 January 2011Website:
http://www.xxiicentury.comNext earnings report:
14 August 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | 21 min agoDividend
Analysts recommendations
Institutional Ownership
XXII Latest News
Mocksville, North Carolina--(Newsfile Corp. - June 25, 2024) - 22nd Century Group, Inc. (NASDAQ: XXII), a tobacco products company focused on nicotine harm reduction and contract manufacturing, today announced a $1.5 million reduction in its secured debt via a paydown of the GVB secured promissory note. The amount was paid by GVB directly to the lender under terms of the note executed in conjunction with GVB's December 2023 purchase of 22nd Century Group's previous hemp/cannabis assets.
Helped Establish National Scale Distribution and Launch VLN in More Than 5,000 Stores Across the Country Mocksville, North Carolina--(Newsfile Corp. - May 30, 2024) - 22nd Century Group, Inc. (NASDAQ: XXII), a tobacco products company focused on nicotine harm reduction, today announced that John Miller has resigned as President of Tobacco, effective August 2, 2024. Said Larry Firestone, Chairman and CEO: "I want to thank John for the pivotal role he played in the launch of VLN®, leveraging his decades of industry experience to help us achieve national-scale distribution and establishing a retail presence in more than 5,000 stores across 26 states.
22nd Century (NASDAQ: XXII ) stock is falling on Monday as the tobacco products company is in danger of being delisted from the Nasdaq Exchange . The tobacco company was sent a delisting notice from the Nasdaq Listing Qualifications Department last week.
Shares of tobacco specialist 22nd Century Group (NASDAQ: XXII ) are up today after the company announced a “significant” new contract manufacturing agreement. The deal centers on the production of branded conventional cigarette products.
22nd Century Group, Inc. (XXII) Q4 2023 Earnings Call Transcript
Mocksville, North Carolina--(Newsfile Corp. - February 6, 2024) - 22nd Century Group, Inc. (NASDAQ: XXII) (the "Company" or "22nd Century"), a biotechnology company focused on utilizing advanced plant technologies to improve health and wellness, today announced that the Company will present at the Emerging Growth Conference on February 8, 2024. Larry Firestone, Chairman and Chief Executive Officer, will present as part of an interactive Q&A session with the conference host at 10:50 am Eastern Time.
22nd Century Group's (XXII) VLN cigarettes represent a remarkable breakthrough as the first and only combustible cigarettes that the FDA has authorized as Modified Risk Tobacco Products.
22nd Century (XXII) is embarking on a strategic journey to unlock the full potential of its tobacco assets. This reflects the company's commitment to delivering long-term value to its shareholders.
22nd Century (XXII) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
22nd Century Group's stock price increased by 87% last week, following a 1:15 reverse split in early July; the company's valuation has improved since the split. The company has seen rapid growth following FDA approval of its very low nicotine (VLN) cigarettes and its acquisition of GVB BioPharma. Because of recent volatility, I rate the company as a hold; one should wait for price stabilization before making a long-term investment.
What type of business is 22nd Century?
22nd Century Group, Inc., an agricultural biotechnology company, focuses on tobacco harm reduction, reduced nicotine tobacco, and enhancing health and wellness through plant science for the life science and consumer products industries. It develops very low nicotine content tobacco and cigarette products under the VLN King and VLN Menthol King names; and SPECTRUM research cigarettes for use in independent clinical studies. The company has collaboration with Keygene N.V. to develop hemp/cannabis plants for exceptional cannabinoid profiles and other superior agronomic traits for medical, therapeutic, and agricultural uses, as well as other applications. 22nd Century Group, Inc. was founded in 1998 and is headquartered in Buffalo, New York.
What sector is 22nd Century in?
22nd Century is in the Consumer Defensive sector
What industry is 22nd Century in?
22nd Century is in the Tobacco industry
What country is 22nd Century from?
22nd Century is headquartered in United States
When did 22nd Century go public?
22nd Century initial public offering (IPO) was on 26 January 2011
What is 22nd Century website?
https://www.xxiicentury.com
Is 22nd Century in the S&P 500?
No, 22nd Century is not included in the S&P 500 index
Is 22nd Century in the NASDAQ 100?
No, 22nd Century is not included in the NASDAQ 100 index
Is 22nd Century in the Dow Jones?
No, 22nd Century is not included in the Dow Jones index
When does 22nd Century report earnings?
The next expected earnings date for 22nd Century is 14 August 2024