22nd Century Group Continues VLN® Expansion, Now Retailing in More Than 5,100 Stores
08 Novembre 2023 - 7:15PM
22nd Century Group, Inc. (Nasdaq: XXII), a leading biotechnology
company focused on utilizing advanced plant technologies to improve
health and wellness with reduced nicotine tobacco, hemp/cannabis
and hops, today announced that it has again expanded its VLN®
retail presence with more than 500 additional locations across 11
states.
With these latest additions, 22nd Century
Group’s FDA-authorized VLN® reduced nicotine content cigarettes can
now be found at more than 5,100 store locations spanning 23 states,
including the addition of Washington, Oregon, Kentucky, and
Louisiana.
“The addition of over 500 new VLN® sales
locations has propelled us beyond the noteworthy milestone of 5,100
stores. Our VLN® sales presence now extends to 23 states, making
VLN® available in many of the top markets where smokers reside,”
stated John Miller, interim Chief Executive Officer of 22nd Century
Group, Inc.
“VLN® is purposefully crafted to offer adult
smokers a clinically documented tool to gradually reduce their
smoking frequency and mitigate the associated health risks over
time. We are pleased that an increasing number of adult smokers now
have access to this important product if they are seeking new ways
to reduce their smoking habit,” said Miller.
VLN® is the first and only FDA authorized combustible cigarette
labelled as a tobacco harm reduction product. As demonstrated by
leading independent scientists and reviewed by the FDA,
reducing the nicotine level in cigarettes has the potential to
substantially reduce the enormous burden of smoking-related death
and disease. It is estimated that a nicotine product standard to a
level that is 95% less than the level of nicotine contained in U.S.
conventional cigarettes could save millions of lives and tens of
millions of life-years over the next several decades.
About 22nd Century Group,
Inc.22nd Century Group, Inc. (Nasdaq: XXII) is a
leading agricultural biotechnology company focused on tobacco harm
reduction, reduced nicotine tobacco and improving health and
wellness through plant science. With dozens of patents allowing it
to control nicotine biosynthesis in the tobacco plant, the Company
has developed proprietary reduced nicotine content (RNC) tobacco
plants and cigarettes, which have become the cornerstone of
the FDA’s Comprehensive Plan to address the widespread
death and disease caused by smoking. The Company received the first
and only FDA Modified Risk Tobacco Product (MRTP) authorization for
a combustible cigarette in December 2021. In tobacco, hemp/cannabis
and hop plants, 22nd Century uses modern plant breeding
technologies, including genetic engineering, gene-editing, and
molecular breeding to deliver solutions for the life science and
consumer products industries by creating new, proprietary plants
with optimized alkaloid and flavonoid profiles as well as improved
yields and valuable agronomic traits.
Learn more at xxiicentury.com, on Twitter,
on LinkedIn, and on YouTube.
Learn more about
VLN® at tryvln.com.
Cautionary Note Regarding
Forward-Looking StatementsExcept for historical
information, all of the statements, expectations, and assumptions
contained in this press release are forward-looking statements.
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. 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 9, 2023.
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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