22nd Century Group (XXII) Acquires GVB Biopharma

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GVB Biopharma Acquisition "Adds Scale, Scope and Diversification" - Dawson James Bullish on 22nd Century Group (XXII) with $8.50 Price Target

May 16, 2022 8:14 AM EDT

Dawson James analyst James McILree reiterated a Buy rating and $8.50 price target on 22nd Century Group (NASDAQ: XXII), following the company's announcement it had acquired GVB Biopharma.

The analyst comments: "22nd Century announced the acquisition of GVB Biopharma, one of the largest producers of... More