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Bullboard - Stock Discussion Forum 22nd Century Group Inc XXII

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... see more

NDAQ:XXII - Post Discussion

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Post by Fudgetusi on Mar 20, 2021 5:09pm

news

3 directors have acquired shares in March per my Schwab :
Richard Sanders 77K @ $0 ( options),
Roger O'brian 52K @$2.86
Nora Sullivan 150K @ $0 (options)

I'm not clear about option purchases but I think they have to pay income taxes on them as compensation so perhaps if they do then it's some indication of their optimism about XXII

other news: Becerra's nomination as US Sec of HHS (FDA)-
Secretary Becerra is a long-time proponent of a reduced nicotine cap for cigarettes and tougher regulation for the tobacco industry. While serving as the attorney general of California in 2018, Becerra and five other attorney generals wrote a letter in response to the FDA’s Advance Notice of Proposed Rulemaking (ANPRM), strongly supporting a tobacco product standard for nicotine level of combusted cigarettes.

Fudge
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