XXII

22nd Century Group
XXII

$0.2657

6.22%

Market Cap: $2.46M

About: 22nd Century Group Inc is a United States-based biotechnology company focused on utilizing alkaloid plant technologies to improve health and wellness with reduced nicotine tobacco, and hemp/cannabis. It has one operating segment; The tobacco segment is engaged in commercializing its proprietary VLNC tobacco plants and cigarette products, which contain nicotine than conventional tobacco and cigarettes, and research cigarettes sold under the brand name SPECTRUM. It derives a majority of its revenue from the tobacco segment.

Employees: 64

Consumer Staples Cigarettes

0

Funds holding %

of 6,686 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

8.71% less ownership

Funds ownership: 10.95% [Q1] → 2.24% (-8.71%) [Q2]

35% less funds holding

Funds holding: 49 [Q1] → 32 (-17) [Q2]

65% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 26

86% less capital invested

Capital invested by funds: $1M [Q1] → $138K (-$863K) [Q2]

95% less repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 21

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Research analyst outlook

We haven’t received any recent analyst ratings for XXII.

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Financial journalist opinion

Based on 6 articles about XXII published over the past 30 days

22nd Century Group to Participate in the HC Wainwright Conference on September 10, 2024

Mocksville, North Carolina--(Newsfile Corp. - September 6, 2024) - 22nd Century Group, Inc. (Nasdaq: XXII), a tobacco products company leading the fight against nicotine with its 95% less nicotine brand VLN® focused on nicotine harm reduction and contract manufacturing, today announced that it will participate in the HC Wainwright Conference on September 10, 2024 at the Lotte New York Palace Hotel. Investors can register and request meetings with management via their HC Wainwright representative.

22nd Century Group to Participate in the HC Wainwright Conference on September 10, 2024

22nd Century Raises $1.68 Million in Regulation A Offering, Amends Senior Secured Credit Facility

Mocksville, North Carolina--(Newsfile Corp. - August 28, 2024) - 22nd Century Group, Inc. (NASDAQ: XXII), a tobacco products company focused on nicotine harm reduction and contract manufacturing, today announced that it has secured an additional $1.68 million in gross proceeds from institutional investors through its Regulation A offering priced at $0.57 and from a separate private placement of common warrants. The Company also entered into an amendment to its existing debentures held by JGB Partners and related entities ("JGB").

22nd Century Raises $1.68 Million in Regulation A Offering, Amends Senior Secured Credit Facility

22nd Century Group to Participate in the Emerging Growth Virtual Conference on August 21, 2024

Mocksville, North Carolina--(Newsfile Corp. - August 20, 2024) - 22nd Century Group, Inc. (NASDAQ: XXII), a tobacco products company focused on nicotine harm reduction and contract manufacturing, today announced that it will provide a brief corporate update as part of the Emerging Growth Virtual Conference on Wednesday, August 21, 2024 at 4:25 PM Eastern Time. To access the live presentation, please use the events link online at https://ir.xxiicentury.com/.

22nd Century Group to Participate in the Emerging Growth Virtual Conference on August 21, 2024

Presenting on the Emerging Growth Conference 74 Day 1 on August 21 Register Now

MIAMI, Aug. 20, 2024 (GLOBE NEWSWIRE) -- EmergingGrowth.com a leading independent small cap media portal announces the schedule of the 74th Emerging Growth Conference on August 21 – 22, 2024.

Presenting on the Emerging Growth Conference 74 Day 1 on August 21 Register Now

22nd Century Group, Inc. (XXII) Q2 2024 Earnings Call Transcript

22nd Century Group, Inc. (NASDAQ:XXII ) Q2 2024 Earnings Conference Call August 13, 2024 8:00 PM ET Company Participants Matt Kreps - IR Larry Firestone - CEO Daniel Otto - CFO Conference Call Participants Matt Kreps Hello and welcome to 22nd Century's Second Quarter Results Conference Call. Joining me today are Larry Firestone, CEO; and Dan Otto, CFO.

22nd Century Group, Inc. (XXII) Q2 2024 Earnings Call Transcript

22nd Century Group Reports Second Quarter 2024 Financial Results

Path to Cash Positive Operations in Q1 2025; Continued Fiscal Discipline with 2Q24 Financial Results; Reduced Net Debt by ~$6.3 Million Year-to-Date Mocksville, North Carolina--(Newsfile Corp. - August 13, 2024) - 22nd Century Group, Inc. (NASDAQ: XXII) today announced results for the second quarter ended June 30, 2024, and provided an update on recent business highlights. Second Quarter 2024 Financial Results (compared to First Quarter 2024, except as noted) All figures reported below reflect continuing operations, excluding discontinued operations related to the sale and exit of the Company's hemp/cannabis franchise in late 2023.

22nd Century Group Reports Second Quarter 2024 Financial Results

22nd Century Group to Announce Second Quarter 2024 Results on August 13, 2024

Mocksville, North Carolina--(Newsfile Corp. - August 6, 2024) - 22nd Century Group, Inc. (NASDAQ: XXII), a tobacco products company focused on nicotine harm reduction and contract manufacturing, will host a webcast on Tuesday, August 13, 2024, at 8:00 AM ET to discuss its 2024 second quarter results, which are to be reported in a press release at 6:00 AM ET the same day. During the webcast, Larry Firestone, chairman and chief executive officer, and Dan Otto, chief financial officer, will review financial results and discuss progress made in the recent months.

22nd Century Group to Announce Second Quarter 2024 Results on August 13, 2024

22nd Century Appoints Robert Manfredonia as Executive Vice President of Sales and Marketing

Almost 30 years of experience in regulated consumer products sales Mocksville, North Carolina--(Newsfile Corp. - July 30, 2024) - 22nd Century Group, Inc. (NASDAQ: XXII), a tobacco products company focused on nicotine harm reduction and contract manufacturing, today announced the appointment of Robert Manfredonia as Executive Vice President of Sales and Marketing, effective August 1, 2024. "I am excited to have Robert join 22nd Century as we round out the executive team.

22nd Century Appoints Robert Manfredonia as Executive Vice President of Sales and Marketing

22nd Century Announces New Greenbutts Manufacturing Agreement for Innovative Plant-Based, Biodegradable Cigarette Filters

Patented, Fully Water Dispersing, Biodegradable Solution for World's Most Littered Item Mocksville, North Carolina--(Newsfile Corp. - July 10, 2024) - 22nd Century Group, Inc. (NASDAQ: XXII), a tobacco products company focused on nicotine harm reduction and contract manufacturing, today announced an agreement with Greenbutts, LLC to provide manufacturing space at its Mocksville, North Carolina NASCO manufacturing facility and NASCO staff to operate the manufacturing equipment for an innovative new cigarette filter solution. Greenbutts offers a patented technology to replace single-use, plastic-based filters currently used in tobacco products with water soluble, fully biodegradable filter solutions.

22nd Century Announces New Greenbutts Manufacturing Agreement for Innovative Plant-Based, Biodegradable Cigarette Filters

22nd Century to Re-Launch and Expand VLN(R) Presence in South Korea

Mocksville, North Carolina--(Newsfile Corp. - July 9, 2024) - 22nd Century Group, Inc. (NASDAQ: XXII), a tobacco products company focused on nicotine harm reduction and contract manufacturing, today announced a new agreement for full-scale commercial rollout of its VLN® reduced nicotine content cigarettes in South Korea. The new agreement with 22nd Century's local partner, Nico-Tech Korea, Inc., follows an initial test launch conducted in 2022 that identified product updates needed to align with local South Korean cigarette characteristics and appeal to the specific preferences of adult smokers in Korea.

22nd Century to Re-Launch and Expand VLN(R) Presence in South Korea

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