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22nd Century Group to Announce Fourth Quarter and Full Year 2024 Results on March 20, 2025
XXII22nd Century (XXII) GlobeNewswire·2025-03-14 12:00

Core Viewpoint - 22nd Century Group, Inc. is set to discuss its 2024 fourth quarter and full year results during a webcast on March 20, 2025, highlighting its role in nicotine harm reduction and product innovation in the tobacco industry [1][2]. Group 1: Company Overview - 22nd Century Group is pioneering nicotine harm reduction in the tobacco industry, enabling smokers to take control of their nicotine consumption [4]. - The company's flagship product, the VLN cigarette, contains 95% less nicotine than traditional cigarettes, providing an alternative that helps reduce nicotine consumption [5][7]. - The company operates a 60,000 square foot facility in Mocksville, North Carolina, capable of producing over 45 million cartons of combustible tobacco products annually, with room for expansion [6]. Group 2: Product and Technology - The proprietary reduced nicotine tobacco blends are developed using patented technologies that regulate nicotine biosynthesis in the tobacco plant, ensuring full flavor and high yield with significantly lower nicotine content [7]. - The extensive patent portfolio positions the company as the sole provider of low nicotine combustible cigarettes in the United States and key international markets [7]. Group 3: Upcoming Events - The webcast will feature Larry Firestone, chairman and CEO, and Dan Otto, CFO, who will review financial results and discuss the company's progress and plans for 2025 [2][3].