FDA authorizes low-nicotine cigarettes by 22nd Century Group for public sale [CNBC]
22nd Century Group, Inc (XXII)
NASDAQ:AMEX Investor Relations:
xxiicentury.com
Company Research
Source: CNBC
The Food and Drug Administration The agency cleared applications from 22nd Century Group for its Moonlight and Moonlight Menthol cigarettes. Both products contain less nicotine than their peers, which the hopes will help reduce the number of people addicted to nicotine. Still, the cigarettes present similar health risks as conventional cigarettes, the said in a press release "Today's authorization represents the first product to successfully demonstrate the potential for these types of tobacco products to help reduce nicotine dependence among addicted smokers," Mitch Zeller, director of the 's Center for Tobacco ducts, said in a statement. "Still, we must remain vigilant to ensure that the products authorized today actually deliver on that promise for consumers." Nicotine is incredibly addictive. The in July 2017 appear to have stalled filed its application Shares of 22nd Century surged more than 30% to $1.08 a share on Tuesday. The company's stock has dropped 58% this year. Correc
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- 22nd Century Group (XXII) Signs Large New CMO Customer [Yahoo! Finance]Yahoo! Finance
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XXII
Earnings
- 3/28/24 - Beat
XXII
Sec Filings
- 4/19/24 - Form PRE
- 4/19/24 - Form D
- 4/18/24 - Form 8-K
- XXII's page on the SEC website