$XXII: Pioneering Change in the Tobacco Industry 22nd Century Group, Inc. ($XXII) is making significant strides in the evolving landscape of the tobacco industry. Currently distributing its innovative Very Low Nicotine (VLN) products at over 5,100 retail locations, the company is on track to expand into new states soon, enhancing its market reach and accessibility. Analysts project that XXII will reach profitability for its VLN product by Q1 of 2025, marking a pivotal milestone in its growth trajectory.
A key differentiator for 22nd Century is its flagship VLN® cigarette, which has made headlines as the world’s first and only combustible cigarette to receive a Modified Risk Tobacco Product (MRTP) designation from the U.S. Food and Drug Administration (FDA). This designation not only underscores the safety of VLN cigarettes but also positions XXII as a trailblazer in a market increasingly focused on reduced harm and safer smoking alternatives.
As the demand for healthier smoking options continues to rise, 22nd Century's innovative approach places it in a prime position to lead the charge toward a more responsible tobacco industry. Investors and consumers alike should keep a close watch on XXII as it forges ahead in this transformative space.