December 07, 2016 1:07 PM ET

Tobacco

Company Overview of 22nd Century Group, Inc.

Company Overview

22nd Century Group, Inc., a plant biotechnology company, provides technology that allows for the level of nicotine and other nicotinic alkaloids in tobacco plants to be decreased or increased through genetic engineering and plant breeding. It develops smoking cessation products and modified risk tobacco products for smokers who are unable or unwilling to quit smoking and who may be interested in cigarettes, which reduce exposure to nicotine or to certain tobacco smoke toxins and/or pose a lower health risk than conventional cigarettes. The company’s products include RED SUN and MAGIC regular and menthol cigarettes; and SPECTRUM government research cigarettes. It is also developing X-22, a pr...

9530 Main Street

Clarence, NY 14031

United States

Founded in 1998

39 Employees

Phone:

716-270-1523

Fax:

716-877-3064

Key Executives for 22nd Century Group, Inc.

Chief Executive Officer, President and Director
Age: 48
Total Annual Compensation: $224.2K
Chief Financial Officer and Treasurer
Age: 58
Total Annual Compensation: $159.0K
Vice President, General Counsel and Secretary
Age: 57
Total Annual Compensation: $275.8K
Vice President of Research & Development
Age: 63
Total Annual Compensation: $159.3K
Vice President of Plant Biotechnology
Age: 53
Total Annual Compensation: $58.0K
Compensation as of Fiscal Year 2015.

22nd Century Group, Inc. Key Developments

22nd Century Group, Inc. Presents at LD Micro Main Event 2016, Dec-07-2016 10:30 AM

22nd Century Group, Inc. Presents at LD Micro Main Event 2016, Dec-07-2016 10:30 AM. Venue: Luxe Sunset Boulevard Hotel, 11461 Sunset Blvd, Los Angeles, CA 90049, United States. Speakers: Henry Sicignano, Chief Executive Officer, President and Director, Paul J. Rushton, Vice President of Plant Biotechnology.

22nd Century Group, Inc. Announces Earnings Results for the Third Quarter and Nine Months Ended September 30, 2016

22nd Century Group, Inc. announced earnings results for the third quarter and nine months ended September 30, 2016. For the quarter, the company reported net loss of $2,679,988 or $0.03 per share compared to $2,761,691 or $0.04 per share a year ago. Adjusted LBITDA was $2,179,791 or $0.03 per share compared to $2,147,519 or $0.03 per share a year ago. For the nine months, the company reported net loss of $8,834,794 or $0.11 per share compared to $8,167,133 or $0.12 per share a year ago. Adjusted LBITDA was $7,323,390 or $0.10 per share compared to $5,455,449 or $0.08 per share a year ago. Net sales revenues for the nine months ended September 30, 2016 were $8,944,000, an increase of $3,353,000, or 60.0%, over net sales revenue of $5,591,000 for the nine months ended September 30, 2015.

22nd Century Group, Inc., Q3 2016 Earnings Call, Nov 09, 2016

22nd Century Group, Inc., Q3 2016 Earnings Call, Nov 09, 2016

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Recent Private Companies Transactions

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