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0 0 0.02284626368396 0.0138029509757259 -0.00523560209424092 -0.0399809614469301 -0.0404569252736792 -0.0452165635411709
Stock impact report

22nd Century Group Provides Shareholder Update and Highlights Insider Stock Purchases from Management [Yahoo! Finance]

22nd Century Group, Inc (XXII) 
NASDAQ:AMEX Investor Relations: xxiicentury.com
Company Research Source: Yahoo! Finance
Group, Inc. (NASDAQ: XXII) (the "Company" or "22nd Century"), a biotechnology company focused on utilizing advanced plant technologies to improve health and wellness, today provided a shareholder update. "I am pleased with the progress of the company since assuming my role as Chairman and Chief Executive Officer at the start of December," stated Larry Firestone, Chairman and Chief Executive Officer of 22nd Century. "We have moved quickly to streamline our tobacco operations and finalize the cost reduction initiatives that commenced in the third quarter of 2023. Our focus is extending our cash runway to become a self-sustaining business positioned to generate long term growth. The sale of our GVB business and shift from hemp/cannabis has substantially reduced our forward operating cash requirements and enabled us to now fully focus the Company's resources on our unique tobacco assets where we are evolving our strategy. I believe these actions represent the path for the company as we Show less Read more
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