22nd Century Group to Announce First Quarter 2025 Results on May 13, 2025
May 05 2025 - 8:00AM
22nd Century Group, Inc. (Nasdaq: XXII), a tobacco products company
that is leading the fight against nicotine by offering smokers a
choice about their nicotine consumption, will host a webcast on
Tuesday, May 13, 2025, at 8:00 AM ET to discuss its 2025 first
quarter results, which are to be reported in a press release at
6:00 AM ET the same day.
During the webcast, Larry Firestone, chairman
and chief executive officer, and Dan Otto, chief financial officer,
will review financial results, discuss progress made in the recent
months and update plans for the 2025 year.
The live and archived webcast will be accessible
on the Events web page in the Company's Investor Relations section
of the website, at https://ir.xxiicentury.com/events. Please access
the website at least 10 minutes prior to the start of the webcast
to register and, if necessary, download and install any required
software.
About 22nd Century Group, Inc.
22nd Century Group is the pioneering nicotine
harm reduction company in the tobacco industry enabling smokers to
take control of their nicotine consumption.
We created our flagship product, the VLN®
cigarette, to give traditional cigarette smokers an authentic and
familiar alternative that helps them take control of their nicotine
consumption. VLN® cigarettes have 95% less nicotine than the
traditional cigarette and have been proven to greatly reduce
nicotine consumption. Instead of offering new ways of delivering
nicotine to addicted smokers, we offer smokers the option to take
control of their nicotine consumption and make informed and more
productive choices, including the choice to avoid addictive levels
of nicotine altogether.
Our wholly owned subsidiaries include a leading
cigarette manufacturer that produces all VLN® products and provides
turnkey contract manufacturing for other tobacco brands both
domestically and internationally. The 60,000 square foot facility
in Mocksville, North Carolina has the capacity to produce more than
45 million cartons of combusted tobacco products annually with
additional space for expansion.
Our proprietary reduced nicotine tobacco blends
are made possible by comprehensive and patented technologies that
regulate nicotine biosynthesis activities in the tobacco plant,
resulting in full flavor and high yield with 95% less nicotine. Our
extensive patent portfolio has been developed to ensure we have the
only low nicotine combustible cigarette in the United States and
critical international markets. Our mission is to sell the last
cigarette before the 22nd Century.
VLN® and Helps You Smoke Less® are registered trademarks of 22nd
Century Limited LLC.
Learn more at xxiicentury.com, on X (formerly Twitter), on
LinkedIn, and on YouTube.
Learn more about VLN® at tryvln.com.
Cautionary Note Regarding
Forward-Looking Statements
Except for historical information, all of the
statements, expectations, and assumptions contained in this press
release are forward-looking statements, including but not limited
to our full year business outlook. Forward-looking statements
typically contain terms such as “anticipate,” “believe,”
“consider,” “continue,” “could,” “estimate,” “expect,” “explore,”
“foresee,” “goal,” “guidance,” “intend,” “likely,” “may,” “plan,”
“potential,” “predict,” “preliminary,” “probable,” “project,”
“promising,” “seek,” “should,” “will,” “would,” and similar
expressions. Forward-looking statements include, but are not
limited to, statements regarding (i) our cost reduction
initiatives, (ii) our expectations regarding regulatory
enforcement, including our ability to receive an exemption from new
regulations, (iii) our financial and operating performance and (iv)
our expectations for our business interruption insurance claim.
Actual results might differ materially from those explicit or
implicit in forward-looking statements. Important factors that
could cause actual results to differ materially are set forth in
“Risk Factors” in the Company’s Annual Report on Form 10-K filed on
March 20, 2025. All information provided in this release is as of
the date hereof, and the Company assumes no obligation to and does
not intend to update these forward-looking statements, except as
required by law.
Investor Relations & Media ContactMatt
KrepsInvestor Relations22nd Century
Groupmkreps@xxiicentury.com214-597-8200
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