Cowen Starts 22nd Century Group (XXII) at Outperform

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Go back to Cowen Starts 22nd Century Group (XXII) at Outperform

22nd Century Group (XXII) Secures New Contract Manufacturing Agreements, Expands Distribution Network and Manufacturing Capabilities Ahead of VLN Launch

July 22, 2021 9:28 AM EDT

22nd Century Group, Inc. (NYSE American: XXII), a leading plant-based, biotechnology company focused on tobacco harm reduction, reduced nicotine tobacco, and hemp/cannabis research, announced today that it has secured a substantial new agreement with a prominent tobacco industry partner that specializes in exporting cigarettes to countries outside the United States. As a result, the Company will make investments to optimize margins and improve efficiencies by... More