22nd Century Group, Inc. (XXII) Stock

22nd Century Group, Inc. (XXII) is a Consumer Staples stock trading at $3.96 (as of 2026-08-21), with a market capitalization of $3.09M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

22nd Century Group, Inc., an agricultural biotechnology company, focuses on tobacco harm reduction, reduced nicotine tobacco, and enhancing health and wellness through plant science for the life science and consumer products industries. It develops very low nicotine content tobacco and cigarette products under the VLN King and VLN Menthol King names; and SPECTRUM research cigarettes for use in independent clinical studies. The company has collaboration with Keygene N.V. to develop hemp/cannabis plants for exceptional cannabinoid profiles and other superior agronomic traits for medical, therapeutic, and agricultural uses, as well as other applications. 22nd Century Group, Inc. was founded in 1998 and is headquartered in Buffalo, New York.

Understand 22nd Century Group, Inc.: how it makes money

22nd Century Group develops very low nicotine tobacco and cigarette products under the VLN King and VLN Menthol King brands, and also makes SPECTRUM research cigarettes for independent clinical studies, using plant science and agricultural biotechnology to support tobacco harm reduction and related wellness goals.

The company’s profit model depends on turning its plant science into commercial demand for its branded reduced nicotine tobacco products (VLN King, VLN Menthol King) and its research cigarette offering (SPECTRUM) used in independent clinical studies.

Business quality (Weak): Core business activities are clearly stated, but the provided latest quarter shows reported revenue of 0.0B and a very negative operating margin, so investor attention should focus on whether product and research usage can translate into recurring sales.

Bull case

  • Differentiated product focus on tobacco harm reduction: It develops very low nicotine content tobacco and cigarette products under the VLN King and VLN Menthol King names.
  • Research use case: It produces SPECTRUM research cigarettes for use in independent clinical studies.
  • Plant science platform and collaboration: It has a collaboration with Keygene N.V. to develop hemp and cannabis plants with cannabinoid profiles and agronomic traits for medical and related consumer products.

Bear case

  • Operating losses in the latest quarter provided: For the period ended 2026-03-31, operating margin was -74.0%.
  • Reported revenue of 0.0B in the latest quarter provided: For the period ended 2026-03-31, revenue was reported as 0.0B.
Valuation — source: SEC EDGAR (first-party)
Price$3.96
Market Cap$3.09M
EV / EBITDA0.1
Price / Book0.17
Price / Sales0.21
FCF Yield-283.5%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$17.59M
Net Margin-28.7%
Return on Equity-21.1%
Debt / Equity0.12
Current Ratio2.61
Revenue Growth (YoY)-27.9%
EPS Growth (YoY)-69.6%
FCF Growth (YoY)-46.3%
Financial Health — source: SEC EDGAR
Altman Z-Score-20.83 (distress)
Piotroski F-Score5/9 (moderate)
Valuation vs Sector & Industry
Sector P/E (Consumer Staples)26.7
Industry P/E (Tobacco Products)21.6
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderAnson Funds Management LP ($112447.00)
Institutional Holders Tracked10
Company
SectorConsumer Staples
IndustryTobacco Products
CEOLawrence D. Firestone
Employees56
CountryUS
IPO Date2011-01-26

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XXII earnings history · XXII institutional & insider holders · XXII KPIs & operating metrics · XXII financials · XXII investor presentations & press releases · XXII SEC filings · XXII peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.