22nd Century Group Announces Execution Of Two New Agreements From Former Customers To Supply Their Filtered Cigar Products

MOCKSVILLE, N.C., April 09, 2025 (GLOBE NEWSWIRE) -- 22nd Century Group, Inc. (NASDAQ:XXII), a tobacco products company that is leading the fight against nicotine by offering smokers a choice about their nicotine consumption, today announced execution of two new agreements from former customers to supply their filtered cigar products.

As part of our expanding customer partnerships, 22nd Century Group is increasing production of filtered cigars. Initial shipments are expected in the second quarter of 2025, with volumes anticipated to be 500,000 cartons or more on an annual basis.

"Over the past six months, we've been working to lock in new opportunities and expand our core CMO business with our legacy filtered cigar customers," said Larry Firestone, CEO of 22nd Century Group. "Today, we're excited to share that we've secured two new customer agreements, each priced appropriately to provide gross margin and consistent volume. 

These agreements build on the momentum that began in Q3 2024, when we signed an agreement with a new filtered cigar customer. This filtered cigar volume reinforces the strength of our CMO platform and supports our broader growth strategy. More importantly, it creates a potential path to expand the footprint of VLN® through trusted partner brands and established retail channels."