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XXII Promotional Newsletter
The following is a newsletter released by "Ultimate Stock Alerts" promoting 22nd Century Group, Inc.
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New Alert 22nd Century Group, Inc. NASDAQ XXII
XXII is a leading agricultural biotechnology company focused on tobacco harm reduction, reduced nicotine tobacco and improving health and wellness through plant science.
With dozens of patents allowing it to control nicotine biosynthesis in the tobacco plant, the Company has developed proprietary reduced nicotine content RNC tobacco plants and cigarettes, which have become the cornerstone of the FDAs Comprehensive Plan to address the widespread death and disease caused by smoking.
XXII received the first and only FDA MRTP authorization of a combustible cigarette in December 2021.
As the company recently explained
VLN is the first cigarette in the world that is not designed to create or sustain nicotine addiction.
VLN smokes, smells, and tastes like a conventional cigarette, but uses 22nd Century Groups proprietary tobacco to deliver Americas lowest nicotine content cigarette with 95% less nicotine than Americas leading brands.
The Company launched VLN, the first cigarette that Helps You Smoke Less, in the Chicago metro area in April 2022.
VLN King and VLN Menthol King are the only FDA authorized reduced nicotine content combustible cigarettes in the U.S. tobacco products market, estimated at approximately $80 billion in size. Menthol cigarettes make up nearly 40% of the U.S. cigarette market.
Additionally, as the company stated in a recent press release
The proprietary tobacco was the subject of 10 years of research and more than 50 government-funded, independent clinical trials. The research was conducted by or for esteemed public health institutions and universities, including the FDA the National Institute on Drug Abuse NIDA Centers for Disease Control and Prevention CDC the National Cancer Institute NCI Johns Hopkins University and Mayo Clinic, to name a few.
According to the American Lung Association, smoking is the number one preventable cause of death in the U.S., killing over 480,000 people per year.
Despite this, the popularity of these products has been growing.
From 2019 to 2021, disposable e-cigarette use skyrocketed by more than 23 times among high school e-cigarette users from 2.4% to 55.8% and more than 14 times among middle school e-cigarette users from 3% to 43.8%.
Furthermore, More than 23.6% of high school students in the U.S. use at least one tobacco product, including e-cigarettes, according to the 2020 National Youth Tobacco Survey.
Companies like XXII could be on the frontlines of the much-needed change.
Over the past few months, the company has announced multiple accomplishments.
Earlier this year, the company announced
22nd Century Group Announces South Korea as First VLN International Market
Here are the companys comments from this press release
South Korea is an ideal international launch market in many ways, with a high smoking rate among developed countries and a government strongly committed to smoking harm reduction. We expect the first sale of VLN reduced nicotine content cigarettes to our South Korean partner to occur by the end of March, said James A. Mish, Chief Executive Officer.
The Company will continue its launch process in additional markets in Asia and Europe with limited regulatory barriers while also leveraging VLNs MRTP authorization toward seeking approval in additional markets with higher regulatory barriers.
In April, the company announced
First Cigarette That Helps You Smoke Less Launches National Pilot in Chicagoland
Here are some of the companys comments from this press release
The three- to six-month pilot will be the first U.S. sales of VLN King and VLN Menthol King cigarettes. 22nd Century is also launching VLN cigarettes in South Korea, its first international market. Following the pilot, 22nd Century and Circle K intend to expand sales nationwide to more than 7,000 stores in 48 states.
In addition, the company also announced
22nd Century Group Nasdaq XXII Expects VLN Menthol King Reduced Nicotine Cigarettes To Be Exempted From FDAs Proposed Ban on Menthol Cigarettes
BUFFALO, N.Y., April 29, 2022 GLOBE NEWSWIRE -- 22nd Century Group, Inc. Nasdaq XXII, a leading agricultural biotechnology company focused on tobacco harm reduction, reduced nicotine tobacco, and improving health and wellness through modern plant science, today announced its support of FDAs plan to ban menthol in all cigarettes and that the Company expects VLN Menthol King reduced nicotine cigarettes to be exempted from FDAs menthol ban under procedures detailed in FDAs proposed rule announced April 28, 2022.
We commend the FDA for taking action to reduce tobacco-related disease and death and advance health equity. Todays proposed menthol ban is expected to have enormous health benefits for the nearly 18.6 million current smokers of menthol cigarettes including the millions of African-Americans who are disproportionally harmed by these products, said James A. Mish, chief executive officer of 22nd Century Group.
Here are some of the companys additional comments from this press release
John Pritchard, Vice President of Regulatory Science for 22nd Century added, Removing menthol from highly addictive cigarettes is a crucial public health step by the FDA, and we welcome todays announcement. At the same time, we recognize, as the FDA has, that many adults who continue to smoke highly addictive cigarettes after the implementation of a final FDA rule will need access to suitably regulated alternative products. Our VLN products, including our recently authorized MRTP VLN Menthol King is an example of such a product, and we have already and will continue to represent our views to FDA on the importance of MRTP products in achieving FDAs public health mission.
Most recently, the company announced
22nd Century Group Nasdaq XXII Reports Business Highlights and Financial Results for the First Quarter 2022
Here are the highlights from this press release
Launched VLN Pilot Program in Chicago with Circle K as First Retail Trade Partner
Began VLN Shipments to South Korea for First International Launch
FDAs Proposed Menthol Ban Could Leave VLN Menthol King as the Only Menthol Cigarette on the Market
Achieved Breakthrough in HempCannabis Plant Transformation Technology
First Quarter Net Sales $9.0 million, up 33% Year-Over-Year
Here are some of the companys comments from this announcement
We are particularly excited to partner with Circle K, the second largest convenience store chain in the U.S., as our lead channel partner in bringing these products to market.
VLN is featured prominently in Circle Ks stores where we are testing a variety of point-of-sale marketing materials and promotional programs to build awareness about VLN and its unique benefits for adult smokers, 70% of whom want to quit smoking.
As we look to expand VLN marketing and distribution beyond Chicago, we have already secured regulatory clearances to sell in 9 states and have applications pending in all other U.S. states. Additionally, we are engaged in discussions with a number of national and regional channel partners who recognize the exciting potential of VLN and want to offer it to their customers.
As the company further explains
VLN is now available at more than 150 Chicago-area Circle K retail stores in a pilot designed to optimize 22nd Centurys marketing programs.
Ahead of its planned national VLN launch, 22nd Century has secured the regulatory authorizations to sell VLN in 9 states to date Illinois, California, New York, Colorado, Texas, Florida, Minnesota, Mississippi and Rhode Island.
XXII could be in a position to experience increased growth.
Make sure to do your own due diligence.
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