22nd Century Group Inc, headquartered in Williamsville, New York, is a biotechnology firm in the Tobacco industry focusing on reduced nicotine products and tobacco harm reduction through advanced plant breeding technologies. Founded in 2006, the company manufactures and sells reduced nicotine content cigarettes under brands like VLN and SPECTRUM, primarily through its single Tobacco segment.
XXII has been in the news recently: 22nd Century Group, Inc. successfully launched VLN in over 5,000 stores and saw John Miller resign as President of Tobacco. GAINERS reported a 10% increase in profits in the third quarter and saw a 15% revenue increase driven by strong tech sector sales.
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