XXII

22nd Century Group (XXII) Regains Compliance with Nasdaq Listing Standards

Retrieved on: 
Thursday, July 20, 2023

BUFFALO, N.Y., July 20, 2023 (GLOBE NEWSWIRE) -- 22nd Century Group, Inc. (Nasdaq: XXII ), a leading biotechnology company focused on utilizing advanced plant technologies to improve health and wellness with reduced nicotine tobacco, hemp/cannabis and hops, today announced notification that it has regained compliance with Nasdaq listing requirements.

Key Points: 
  • BUFFALO, N.Y., July 20, 2023 (GLOBE NEWSWIRE) -- 22nd Century Group, Inc. (Nasdaq: XXII ), a leading biotechnology company focused on utilizing advanced plant technologies to improve health and wellness with reduced nicotine tobacco, hemp/cannabis and hops, today announced notification that it has regained compliance with Nasdaq listing requirements.
  • In a letter dated July 19, 2023, Nasdaq informed the Company that it has achieved compliance with the minimum bid price rule required for continued listing on the Nasdaq Capital Market.

A Cigarette to Help Californians Smoke Less: 22nd Century Group, Inc. Launches Reduced Nicotine VLN® King Cigarettes in California, VLN Will Be Sold at #1 U.S. Convenience Store Chain and Other Responsible Retail Locations

Retrieved on: 
Monday, July 17, 2023

VLN® King cigarettes have made history by receiving U.S. Food & Drug Administration (FDA) approval as a modified risk tobacco product (MRTP).

Key Points: 
  • VLN® King cigarettes have made history by receiving U.S. Food & Drug Administration (FDA) approval as a modified risk tobacco product (MRTP).
  • Having options like these products authorized today, which contain less nicotine and are reasonably likely to reduce nicotine dependence, may help adult smokers.
  • Research conducted in 20181 highlighted the significant benefits experienced by smokers who transitioned to reduced nicotine content cigarettes.
  • “VLN® cigarettes are clinically proven to help adult smokers smoke less and cut back on their nicotine intake,” said Calvin Treat, 22nd Century Group, Inc., Chief Scientific Officer.

New to The Street TV Announces Episode 488 with its Five Business Guest Interviews, Airs as Sponsored Programming on Bloomberg TV, Tonight, July 13, 2023, at 9:30 PM PT

Retrieved on: 
Thursday, July 13, 2023

New to The Street's TV episode 488 will air the following five (5) business interviews:

Key Points: 
  • New to The Street's TV episode 488 will air the following five (5) business interviews:
    2).
  • Sustainable Solutions - The Sustainable Green Team, Ltd.'s (OTCQX: SGTM) ($SGTM) interview with Brian Rivera, Director of Administration, and Brain Meier, Chief Operating Officer.
  • Unfortunately, because of COVID-19 in 2020, Management could not "Ring" the trading bell, but they did the ceremony now.
  • Also, NUZE just entered a business relationship with Stone Brewing , a large US beer Company in the US.

22nd Century Group (XXII) VLN® Products Now Selling in Montana C-Stores

Retrieved on: 
Thursday, July 13, 2023

BUFFALO, N.Y., July 13, 2023 (GLOBE NEWSWIRE) -- 22nd Century Group, Inc. (Nasdaq: XXII), a leading biotechnology company focused on utilizing advanced plant technologies to improve health and wellness with reduced nicotine tobacco, hemp/cannabis and hops, today announced its VLN® reduced nicotine content cigarettes are selling robustly in more than 80 Town Pump convenience-stores (c-stores) across the state of Montana.

Key Points: 
  • “Launching VLN® statewide with Town Pump, the #1 c-store in the state, is a big win for adult smokers in Montana seeking an effective solution to break the chains of nicotine addiction,” stated John Miller, president of tobacco products for 22nd Century Group.
  • We are excited VLN will be available in dedicated partners such as Town Pump stores given their reputation for providing customers with excellence.
  • Reduced nicotine content cigarettes, such as VLN®, have been studied extensively by federal health agencies, documenting their ability to help smokers smoke less.
  • To inform adult smokers of the product's distinctive purpose, the FDA requires 22nd Century to include the statement "Helps You Smoke Less" on every package of VLN® sold.

New to The Street to Feature 22nd Century Group, Inc. Across its Linear Television Platforms

Retrieved on: 
Wednesday, July 12, 2023

Broadcasted shows will stream on the New to The Street website, www.newtothestreet.com .

Key Points: 
  • Broadcasted shows will stream on the New to The Street website, www.newtothestreet.com .
  • New to The Street will provide social media marketing to further the reach of each broadcast.
  • The TV show's host Jane King will interview key management leaders at 22nd Century Group.
  • Vince Caruso, Founder and CEO of FMW Media and Producer of New to The Street, stated, "I am excited to have 22nd Century Group and their team on the show.

22nd Century Group (XXII) Announces New Agreement with Hub, Inc. to Expand Midwest Distribution

Retrieved on: 
Wednesday, July 12, 2023

22nd Century’s VLN® products are now available for purchase by eligible Hub customers as a part of 22nd Century Group’s state and regional rollout program.

Key Points: 
  • 22nd Century’s VLN® products are now available for purchase by eligible Hub customers as a part of 22nd Century Group’s state and regional rollout program.
  • “Hub is a critical conduit to a growing list of regional, independent and tribal retail outlets in the Midwest, and a highly regarded wholesale tobacco products distributor with more than 60 years in its served markets,” stated John Miller, president of tobacco products for 22nd Century Group.
  • Hub customers include regional, independent and tribal accounts across its served market that sell tobacco products.
  • “We expect these new relationships to generate additional retail agreements that will begin carrying our VLN® reduced nicotine content products throughout 2023.”

22nd Century Announces $3.0 Million Registered Direct Offering Priced Above Market

Retrieved on: 
Thursday, July 6, 2023

Gross proceeds to the Company from the registered direct offering are expected to be $3.0 million, before deducting the placement agent’s fees and other offering expenses payable by the Company.

Key Points: 
  • Gross proceeds to the Company from the registered direct offering are expected to be $3.0 million, before deducting the placement agent’s fees and other offering expenses payable by the Company.
  • The warrants have an exercise price of $3.80 per share and are exercisable six months from the date of issuance.
  • The closing of the offering is expected to occur on or about July 10, 2023, subject to the satisfaction of customary closing conditions.
  • The offering will be made only by means of a prospectus, including a prospectus supplement, forming a part of the effective registration statement.

22nd Century Announces 1-for-15 Reverse Stock Split

Retrieved on: 
Monday, July 3, 2023

The reverse stock split is intended for the Company to regain compliance with the minimum bid price requirement of $1.00 per share of common stock for continued listing on Nasdaq.

Key Points: 
  • The reverse stock split is intended for the Company to regain compliance with the minimum bid price requirement of $1.00 per share of common stock for continued listing on Nasdaq.
  • Following the reverse stock split, the Common Stock will continue to trade on Nasdaq under the symbol “XXII” with the new CUSIP number, 90137F202.
  • In connection with the reverse split, the Company will reduce its authorized number of shares of common stock at that same ratio as the reverse split, resulting in 33,333,334 authorized shares of common stock (from 500,000,000 authorized shares).
  • The reverse stock split will consolidate the number of issued and outstanding shares of the Company’s common stock to approximately 15.9 million.

22nd Century Group (XXII) Announces Production of VLN® Homogenized Tobacco Leaf Sheet

Retrieved on: 
Friday, June 23, 2023

BUFFALO, N.Y., June 23, 2023 (GLOBE NEWSWIRE) -- 22nd Century Group, Inc. (Nasdaq: XXII), a leading biotechnology company dedicated to improving health with reduced nicotine tobacco, hemp/cannabis and hops advanced plant technologies, today announced it has successfully produced homogenized tobacco leaf (HTL) sheet using VLN® reduced nicotine content tobacco, demonstrating a reduced nicotine content pathway for additional large markets such as heat-not-burn products and as the binder or wrapper for machine-made cigars.

Key Points: 
  • BUFFALO, N.Y., June 23, 2023 (GLOBE NEWSWIRE) -- 22nd Century Group, Inc. (Nasdaq: XXII ), a leading biotechnology company dedicated to improving health with reduced nicotine tobacco, hemp/cannabis and hops advanced plant technologies, today announced it has successfully produced homogenized tobacco leaf (HTL) sheet using VLN® reduced nicotine content tobacco, demonstrating a reduced nicotine content pathway for additional large markets such as heat-not-burn products and as the binder or wrapper for machine-made cigars.
  • “It’s time for the industry to offer adult smokers a true alternative to highly addictive nicotine products in every format.
  • HTL is also commonly used as the binder and wrapper in the high-volume cigar market due to its greater mechanical resistance and uniformity as compared to whole tobacco leaves,” stated John Miller, president of tobacco products for 22nd Century Group.
  • 22nd Century wants to provide a true alternative that allows users to take control of their consumption habit once and for all by breaking the chains of nicotine addiction,” said James A. Mish, chief executive officer of 22nd Century Group.

VLN® Products Launch in Nevada to Help Smokers Smoke Less

Retrieved on: 
Wednesday, June 21, 2023

BUFFALO, N.Y., June 21, 2023 (GLOBE NEWSWIRE) -- 22nd Century Group, Inc. (Nasdaq: XXII), a leading biotechnology company dedicated to improving health with reduced nicotine tobacco, hemp/cannabis and hops advanced plant technologies, today announced its FDA authorized VLN® reduced nicotine content cigarettes are now available in approximately 200 Las Vegas area Terrible Herbst and Speedee Mart convenience-stores (c-stores).

Key Points: 
  • “At Terrible’s, we’re known for being ‘a deliberately different convenience store’,” said Mark Walters, Vice President, Purchasing & Sales of Terrible’s.
  • “The Nevada launch is off to a fast start as we continue to scale availability with major retail chains like Terrible’s and Speedee.
  • Reduced nicotine content cigarettes, such as VLN®, have been studied extensively by federal health agencies, documenting their ability to help smokers smoke less.
  • To inform adult smokers of the product's distinctive purpose, the FDA requires 22nd Century to include the statement "Helps You Smoke Less" on every package of VLN® sold.