22nd Century Group Inc XXII

Consumer Defensive Tobacco

22nd Century Group, Inc. is an agricultural biotechnology company. The Company is focused on tobacco harm reduction, reduced nicotine tobacco and improving health and wellness through plant science. Additionally, the Company provide contract manufacturing services for conventional combustible tobacco products for third-party brands. The Company operates through a single segment named Tobacco. Its tobacco segment is engaged in contract manufacturing organization (CMO) customer contracts that consist of obligations to manufacture the customers' branded filtered cigars and cigarettes. The tobacco segment is engaged in the sale of its reduced nicotine content (RNC) cigarettes, sold under the brand name VLN, or research cigarettes sold under the brand name SPECTRUM. It uses plant breeding technologies, including genetic engineering, gene-editing, and molecular breeding to deliver solutions for the life science and consumer products.

NDAQ:XXII - Post by User

22nd Century Group Inc

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Post by poolmanon Oct 08, 2022 9:48am

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Post# 35013890

Reasons to short xxii

I've always had an inkling to short xxii for a couple of reasons. 1st is the price of a pack 13 bucks or so in this inflation and recession period is ridiculous. 2nd is this is the 3rd or so rendition of trying to sell it and it's not working. Now with the menthol nicotine bans being enacted ALREADY by many many cities and counties in CA and starting in CO I see a yet another reason to short xxii. I see no exceptions being given for low or very low nicotine cigarettes. This menthol nicotine ban is spreading like a CA wildfire unabated. I did start a short position when I saw this list, easy money so far.

https://no-smoke.org/wp-content/uploads/pdf/flavored-tobacco-product-sales.pdf?fbclid=IwAR2Rj5_YOHZcptzQhIHoP4xC3ziHvVihqP3NNG0fFUlX5IjwRSAJm5zkVyk

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