NEWS
22nd Century Updates Strategic Growth Initiatives for VLN
22nd Century Group (NASDAQ: XXII) has announced plans to expand distribution of its VLN® 95% reduced nicotine content smoking products. The company aims to reach over 270,000 retail outlets in the US and grow internationally. Based on recent consumer data, 22nd Century is expanding its sales and marketing operations. The company's low nicotine tobacco stock can supply up to $85 million worth of VLN® revenue and positive cash flow.
Key initiatives include:
Expanding US distribution from 5,100 stores across 26 states to nationwide coverage
Increasing international sales through partnerships
Launching flanker brands based on proprietary 95% less nicotine tobacco
Utilizing existing inventory to manufacture up to 1.4 million cartons of VLN® and flanker brand cigarettes
Key initiatives include:
Expanding US distribution from 5,100 stores across 26 states to nationwide coverage
Increasing international sales through partnerships
Launching flanker brands based on proprietary 95% less nicotine tobacco
Utilizing existing inventory to manufacture up to 1.4 million cartons of VLN® and flanker brand cigarettes
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