$XXII “Ultimate Stock Alerts” Promoter Rank: 22/22 22nd Century Group, Inc. Newsletter 9:23:25 AM May 13, 2022

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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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The following newsletter has not been verified for accuracy or completeness.

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Hello

XXII, our newest alert, released breaking news this morning that could be another growth catalyst for the company.

22nd Century Group Nasdaq XXII Acquires GVB Biopharma, a Leading HempCannabis Company

Here are the highlights from this press release

Provides Transformational Platform to Rapidly Grow HempCannabis Franchise

Transaction Immediately Accretive and Will Double Companys Total Revenue

Adds Significant Commercial Scale to Existing HempCannabis Franchise

GVB Biopharma has Achieved Strong Growth and Leading Market Share in Hemp-Derived Active Ingredients

As the company further explains

As a contract development and manufacturing organization CDMO, GVB is believed to be one of the largest providers of hemp-derived active ingredients for the pharmaceutical and consumer goods industries worldwide based on total tonnage.

Furthermore

GVB is widely regarded as a best-in-class operator with an estimated 15% share of the hemp-derived active ingredients market. The company is a trusted supplier to leading CBD and cannabinoid brands, including Cookies, Nuleaf and Canaxis Pharma. GVBs formulation capabilities and GMP certified facilities are uniquely suited to manufacture vastly improved pharmaceutical and consumer goods products that leverage and monetize 22nd Centurys proprietary plant genetics and research capabilities.

GVB is also well positioned to lead international expansion, including multiple international joint ventures in Europe to co-develop and co-own processing and distribution companies aligned to market needs. GVB currently has offices in the United Kingdom and Brussels.

Importantly

GVBs strengths complement 22nd Centurys existing upstream and downstream value chains, which includes expertise in cannabinoid receptor science with CannaMetrix, plant research and proprietary genetics through its KeyGene partnership, breeding expertise with Extractas, and cultivation capabilities at Needle Rock Farms. The combination with 22nd Century establishes a global one-of-a-kind asset to serve the rapidly growing hempcannabis ingredient market.

In addition

GVB expects 2022 revenue of approximately $48 million, a 58% increase year-over-year, gross margin in excess of 44% and positive cash flow. Upon closing, the transaction is expected to more than double 22nd Centurys revenue, be immediately accretive to adjusted EBITDA, and generate positive cash flow from the acquired assets in the near term.

Here are the companys comments from this press release

James A. Mish, chief executive officer of 22nd Century Group, stated GVB represents a transformational acquisition for 22nd Century that will enable us to rapidly grow our hempcannabis franchise. GVB is one of the largest CBD suppliers globally, possessing innovative, vertically integrated cannabinoid product manufacturing technologies driving industry leading scale and cost efficiency. In addition to immediately expanding our hempcannabis franchise capabilities, GVB represents an opportunity to double our revenue and internalize a comprehensive contract manufacturing and extraction platform which can be used to directly and exclusively monetize our differentiated and proprietary hempcannabis plant genetics and intellectual property. We are enthusiastic to begin working with the highly regarded and very experienced management team at GVB.

We are excited to combine with 22nd Century group, pairing our production and manufacturing capabilities together with the best hempcannabis plant science in the world, said Phillip Swindells, Chief Executive Officer at GVB. Since 2017, we have built a loyal customer base and continue to add new, rapidly growing customers as demand in our industry accelerates. We sold more than five billion doses of CBD in 2021, and we look forward to further scaling our business as a part of 22nd Centurys comprehensive platform.

As the company further accomplishes its plans, it could position itself for increased opportunity.

Sources , , , , , , , , , , , ,

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