22nd Century Group (XXII) Signs Large New CMO Customer [Yahoo! Finance]
22nd Century Group, Inc (XXII)
NASDAQ:AMEX Investor Relations:
xxiicentury.com
Company Research
Source: Yahoo! Finance
Mocksville, North Carolina--(Newsfile Corp. - April 4, 2024) - 22nd Century Group, Inc. (NASDAQ: XXII), a tobacco products company focused on nicotine harm reduction, today announced that it has signed a significant new contract manufacturing agreement for the production of branded conventional cigarette products. The contract, which will commence revenue generation in the second quarter of 2024, is expected to increase carton production volumes at 22nd Century's manufacturing facility by more than 20 percent when fully implemented. Said Larry Firestone, Chairman and CEO: "We are excited to announce this new contract, the first result of our efforts to profitably grow our contract manufacturing business in North Carolina while also working to build our VLN® franchise through the development of a new category focused on tobacco harm reduction. In line with the operating targets outlined on our most recent results call, this agreement helps us to scale revenue, improve gross margin a
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- 22nd Century Group Expands CMO Business with New Pinnacle Brand Cigarillo Products [Yahoo! Finance]Yahoo! Finance
- 22nd Century Announces Plan to Eliminate Its Senior Secured Debt [Yahoo! Finance]Yahoo! Finance
XXII
Earnings
- 3/28/24 - Beat
XXII
Sec Filings
- 5/1/24 - Form S-3
- 4/30/24 - Form 8-K
- 4/29/24 - Form DEF
- XXII's page on the SEC website