MOCKSVILLE, N.C., May 19, 2025 (GLOBE NEWSWIRE) -- 22nd Century Group, Inc. (Nasdaq: XXII), a tobacco products company that is leading the fight against nicotine and believes smokers should have a choice about their nicotine consumption, (the “Company”) is pleased to announce that Larry Firestone, Chief Executive Officer, will present a brief corporate update at the Emerging Growth Conference on Wednesday, May 21, 2025, at 12:00 pm Eastern Time. Mr. Firestone will provide updates to recent company advanceme ...

22nd Century Group (XXII) Q1 2025 Earnings Call May 13, 2025 08:00 AM ET Speaker0 Welcome to twenty second Century Group's First Quarter twenty twenty five Conference Call and Webcast. At this time, all participants have been placed in a listen only mode. It is now my pleasure to turn the floor over to Matt Kreps, Investor Relations for twenty second Century Group. Please begin. Speaker1 Hello and welcome to twenty second Century's first quarter twenty twenty five results conference call. Joining me today a ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From ________ to ________ Commission File Number: 001-36338 22nd Century Group, Inc. (Exact name of registrant as specified in its charter) (State or other jur ...

Exhibit 99.1 22nd Century Group Reports First Quarter 2025 Financial Results Launch of Smoker Friendly Black Label – Tobacco and Water natural style cigarettes MOCKSVILLE, N.C., May 13, 2025 —22nd Century Group, Inc. (Nasdaq: XXII), a tobacco products company that is leading the fight against nicotine dependence and believes smokers should have a choice about their nicotine consumption, today announced results for the first quarter-ended March 31, 2025, and provided an update on recent business highlights. ...

Sales Increase Approximately 50% Sequentially as 2025 Growth Strategy Drives New Sales Activity with Both Internal and External Brand Assets Across Multiple Categories Preparing First VLN® Partner Brand Shipments with Smoker Friendly and Others Filings Made for New Reduced Nicotine Content and Conventional Product Authorizations in All 50 States Launch of Smoker Friendly Black Label – Tobacco and Water natural style cigarettes MOCKSVILLE, N.C., May 13, 2025 (GLOBE NEWSWIRE) -- 22nd Century Group, Inc. (N ...

Further Strengthens Balance Sheet Cash Position MOCKSVILLE, N.C., May 08, 2025 (GLOBE NEWSWIRE) -- 22nd Century Group, Inc. (Nasdaq: XXII), a tobacco products company that is leading the fight against nicotine dependence and believes smokers should have a choice about their nicotine consumption, today announced closing of the sale of its Needle Rock Farms assets with net proceeds of approximately $770,000 after expenses. “The sale of unused assets such as Needle Rock Farms which was related to the hemp cann ...

Year to Date Total Debt Reduction of approximately $3.8 Million MOCKSVILLE, N.C., May 07, 2025 (GLOBE NEWSWIRE) -- 22nd Century Group, Inc. (Nasdaq: XXII), a tobacco products company that is leading the fight against nicotine dependence and believes smokers should have a choice about their nicotine consumption, today announced that has repaid an additional $1 million in debt to its senior lender. The Company's total debt principal outstanding now stands at approximately $3.9 million. "Our debt reduction pro ...

文章核心观点 22nd Century Group发布股东派生诉讼拟和解通知，若法院批准和解，当前股东将受约束，公司需进行公司治理改革并支付相关费用 [3][4][8] 诉讼相关 - 派生诉讼代表22nd Century对公司部分现任和前任董事及高管提起，指控自2016年2月18日起被告违反信托等义务，包括实施股票推广计划、发布虚假误导性陈述等，致公司声誉和财务受损 [11] 和解情况 - 2025年3月4日，公司作为名义被告签订和解协议，拟解决派生诉讼，需采用并维持公司治理改革措施 [8] - 和解方同意公司向原告律师支付768,333美元律师费和费用，原告律师还将申请向四名原告每人支付最高2,500美元服务奖励，从上述费用中支出 [9] 和解原因 - 各方同意和解以避免进一步诉讼的干扰、成本和风险，且公司认为治理改革对自身和股东有益 [12] 和解听证 - 2025年4月7日法院初步批准和解协议，定于7月16日上午10点举行听证，以确定和解是否公平合理、是否批准费用和服务奖励等事项 [14] - 法院可自行更改听证日期、时间或形式，股东可书面反对和解，需在6月25日前提交并送达相关律师 [17][18] - 未及时提交书面反对的股东将被视为放弃反对和解的权利，无异议股东无需出席听证或采取其他行动 [20][23] 公司业务 - 22nd Century Group是烟草行业尼古丁减害先锋公司，旗舰产品VLN香烟尼古丁含量比传统香烟低95%，可助吸烟者控制尼古丁摄入 [26][27] - 公司全资子公司是领先香烟制造商，北卡罗来纳州工厂年产能超4500万箱燃烧烟草产品，有扩建空间 [28] - 公司拥有专利技术生产低尼古丁烟草混合物，确保其在美国和关键国际市场拥有唯一低尼古丁可燃香烟 [29]

文章核心观点 22nd Century Group宣布与前客户达成两份过滤雪茄产品供应协议，将增加过滤雪茄产量，这巩固了其CMO平台实力，支持公司增长战略 [1][2][4] 新协议情况 - 公司与前客户达成两份过滤雪茄产品供应协议，协议价格合理，能提供毛利率和稳定销量 [1][3] - 作为扩大客户合作的一部分，公司将增加过滤雪茄产量，预计2025年第二季度开始首次发货，年产量达50万箱或更多 [2] 公司发展战略 - 新协议建立在2024年第三季度与新过滤雪茄客户签约的基础上，巩固了CMO平台实力，支持公司更广泛的增长战略，还为通过合作伙伴品牌和零售渠道扩大VLN业务创造了潜在途径 [4] 公司业务介绍 - 公司是烟草行业尼古丁危害降低的先驱，其旗舰产品VLN香烟尼古丁含量比传统香烟低95%，能帮助吸烟者控制尼古丁摄入 [5] - 公司全资子公司是领先的卷烟制造商，生产所有VLN产品，并为国内外其他烟草品牌提供交钥匙合同制造服务 [6] - 公司位于北卡罗来纳州莫克斯维尔的6万平方英尺工厂，每年可生产超过4500万箱可燃烟草产品，还有扩建空间 [6] - 公司拥有专利技术，能调节烟草植物中尼古丁的生物合成活动，生产出低尼古丁、全风味、高产量的烟草混合物 [7] 信息获取渠道 - 可通过xxiicentury.com、X（原Twitter）、LinkedIn和YouTube了解公司更多信息 [8] - 可通过tryvln.com了解VLN产品更多信息 [8] 投资者关系与媒体联系 - 投资者关系联系人是Matt Kreps，邮箱为mkreps@xxiicentury.com，电话为214 - 597 - 8200 [11]

文章核心观点 公司计划在2025年凭借重新推出的VLN香烟产品开启盈利增长阶段，通过战略调整和业务拓展，在烟草行业开创低尼古丁香烟新领域 [1][12] 行业情况 - 大型烟草公司主导行业数十年，市场规模超850亿美元，目标是让人们依赖尼古丁 [4] - 多数成年吸烟者想戒烟，但实际成功率不到10%，尼古丁依赖带来高额医疗成本 [4][5] - FDA提议降低尼古丁含量标准，VLN已符合该标准 [6] - 零低酒精度烈酒趋势兴起，若部分成年吸烟者转向VLN，低尼古丁香烟类别可能价值数十亿美元 [7] 2024年成果 - 专注烟草业务，剥离大麻、啤酒花等业务 [9] - 精简运营，减少现金消耗，削减约1800万美元债务，强化资产负债表 [9] - 为VLN打造新形象和市场策略，与零售商合作，将在全美数千家商店重新推出VLN [9] 核心业务CMO - 为二、三级烟草品牌提供制造、合规和供应链等一站式服务，是公司运营的支柱 [10] - 2025年第二季度起以新品牌形象进入市场，已入驻5000多家商店，目标是扩大在全国27.2万家商店中的份额 [10] - 推出合作品牌的VLN产品，实现双赢，帮助公司进入新商店和新受众群体 [11] 2025年及未来规划 - 今年注重规模和盈利，VLN是核心产品，CMO业务为公司发展提供资金支持 [12] - 公司将在850亿美元的烟草行业开创低尼古丁香烟新领域，为吸烟者提供更多选择 [12] 公司产品与技术 - 旗舰产品VLN香烟尼古丁含量比传统香烟低95%，可帮助吸烟者控制尼古丁摄入 [15] - 拥有垂直整合平台，控制VLN等产品的制造、分销和营销 [16] - 子公司是领先的香烟制造商，北卡罗来纳州的工厂年产能超4500万箱，还有扩建空间 [17] - 拥有专利技术，可调节烟草植物中尼古丁生物合成活动，生产低尼古丁烟草混合物 [18]