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22nd Century Group, Inc.Bullish
AI summary pending22nd Century Group announced preliminary financial results for the third quarter of 2026, reporting revenue of $4.8 million, a 66% increase from the previous quarter. The company also achieved a gross profit of $0.4 million, while narrowing its operating and net losses to $2.6 million each.…more
22nd Century Group, Inc.
22nd Century Group announced in a September 1, 2026, shareholder letter that it plans to expand its retail footprint from approximately 2,000 to 5,000 outlets by year-end, reporting a consistent 10% monthly volume growth in non-promotion periods. The company is accelerating the commercialization of its VLN and Pinnacle brands to capture share in the $50 billion U.S. combustible cigarette market and improve overall profitability.…more
22nd Century Group, Inc.
Iroquois Capital Management L.L.C., Richard Abbe, and Kimberly Page filed a Schedule 13G on August 24, 2026, regarding their joint beneficial ownership in 22nd Century Group. The filing confirms their agreement to jointly manage and submit future amendments regarding their stake in the company.…more
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22nd Century Group Reports 66% Revenue Growth and Improved Gross Profit for Q3…more
22nd Century Group announced preliminary Q3 results showing a 66% revenue increase to $4.8 million and a shift to positive gross profit. Despite these improvements, the company continues to report a net loss, warranting caution regarding sustained profitability.…more
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22nd Century Group announced that combined same-store sales for its Pinnacle VLN and Pinnacle Pure brands rose 161% in the third quarter at its primary retail partner. The company plans to leverage this growth to expand its distribution network and attract additional retail outlets.…more
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French health authorities have recommended nicotine limits in tobacco products, highlighting 22nd Century Group's technology as a viable commercial solution. However, this remains a policy recommendation without any confirmed contracts or finalized legislative mandates.…more
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