Company

22nd Century Group Inc.

XXIIBiotechnology

Business description

22nd Century Group Inc. is a US-based biotechnology firm that develops genetically engineered low-nicotine tobacco products aimed at reducing the health risks of traditional tobacco use. Founded in 1986 and currently led by CEO Michael Victus, the company capitalizes on its proprietary genetic technologies to secure licensing deals and strategic industry collaborations. With a market capitalization around $200 million and modest annual revenues, it has carved out a specialized niche in the tobacco and emerging cannabis sectors. The firm is actively expanding its product pipeline and pursuing regulatory and market opportunities to drive future growth.

$18M
Revenue (LTM)
Acquisitions
-65.8%
Operating margin
Q1 2026
Latest call

Financials

View financials
Revenue (FY2025) $18M
YoY growth +-27.9%
Operating margin -65.8%
Direction Expanding
Gross margin -17.8%
Net margin -74.6%

Leadership & board

View leadership

Share repurchases

No common-stock repurchase program; Item 5 (Issuer Purchases of Equity Securities) reported None. The only repurchase was the redemption at par of all outstanding Series A Convertible Preferred Stock issued in August 2025, in the amount of $9.65 million, funded with offering proceeds.

Competitors

Named competitors
Pfizer Inc.GlaxoSmithKline plcPerrigo Company plcPhilip Morris USA Inc.Reynolds American Inc.ITG BrandsVector Group Ltd.Philip Morris International Inc.British American Tobacco

Recent SEC filings

View on EDGAR
2026-06-11 Shareholder vote results View filing ↗
2026-06-09 Entered a material agreement (+3 more) View filing ↗
2026-05-07 Reported quarterly results View filing ↗
2026-05-01 Entered a material agreement View filing ↗
2026-03-26 Reported quarterly results View filing ↗
2026-03-20 Entered a material agreement (+2 more) View filing ↗
2026-02-20 Reported quarterly results (+2 more) View filing ↗
2026-01-22 Modified securityholder rights (+1 more) View filing ↗
2025-12-17 Entered a material agreement (+2 more) View filing ↗
2025-11-04 Entered a material agreement (+2 more) View filing ↗
2025-09-24 Other event View filing ↗
2025-09-18 Terminated a material agreement View filing ↗

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