Tuesday, October 8, 2024

Get XXII on Your Radar this Morning

 

  

Hello Everyone,

Our profile from Friday closed up double digits yesterday and was up about 15% at one point.  

It looks like it is up even more this morning, hitting 1.89 so far in the premarket.

Congrats on that one!

We have another company that we looked at not too long ago that is back front and center for today's session.

This one has the potential to bounce from its current levels if circumstances dictate.

4 times last month we say it close above 10% for the day and twice it closed up over 20%.

The volatility that traders often like to see has certainly been present in this one as of late.

Pull up XXII immediately.

2nd Century Group, Inc. (Nasdaq: XXII) is a next-generation plant biotechnology company, focused on improving human health through plant science. Using their breakthrough, patent-protected IP to control nicotine biosynthesis in the tobacco plant, they have developed the first market-ready, reduced nicotine content (RNC) tobacco plants and cigarettes containing 95% less nicotine. They received the first and only FDA MRTP authorization for a combustible cigarette in December 2021. The sole function of their cigarettes is to make it easier to reduce the number of cigarettes smoked.

In tobacco, 22nd Century employs a unique and innovative platform of modern plant breeding technologies, including genetic engineering, gene-editing, and molecular breeding, to deliver healthier solutions for pressing issues. They create new, proprietary plants with select alkaloid, terpenoid, and flavonoid profiles, improved yields, and valuable agronomic traits for the life science and consumer products industries.

Rather than fight that trend, they've done something better by developing a product line that gives choices back to the consumer and, at the same time, pioneers a movement that is reshaping the tobacco industry. XXII isn't saying that all of a sudden, nicotine is good. Far from it. But they are serving up a product option, its innovative VLN® (Very Low Nicotine) cigarettes, that can do more than appease those wanting nicotine- they're developing a whole new category that could also serve investor appetites craving innovative and revolutionary growth stock companies.

Its innovative VLN® cigarettes empower smokers to reduce nicotine consumption without sacrificing the smoking experience they know. That difference is a competitive advantage. And it's not just another nicotine delivery system; it's giving smokers the ability to make informed decisions about their nicotine intake. The value driver in its mission to create market and shareholder value is the FDA-approved VLN® cigarette, which contains 95% less nicotine than traditional cigarettes.

Currently, VLN® is available in over 5,000 stores across 26 states, but that could be just the start.

22nd Century has announced ambitious plans to extend distribution to over 270,000 retail outlets nationwide. And no stopping there. International expansion is also on its agenda, with established partnerships in markets like South Korea, that where the demand for harm-reduction products is growing. And the infrastructure for growth is in place. XXII's supply chain includes a stockpile of low-nicotine tobacco ready to meet demand and has the additional capacity to manufacture up to 1.4 million cartons of VLN® cigarettes—enough to generate up to $85 million in revenue. In other words, XXII isn't just poised for success; they have the infrastructure in place to meet the increasing consumer demand for their products.

You can research the company here:   https://www.insiderfinancial.com/profile/xxii-2

Sincerely,  

              

            

 

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