HomeCannabis22nd Century Group (Nasdaq: XXII) Announces Management Updates and Departure of Chief...

22nd Century Group (Nasdaq: XXII) Announces Management Updates and Departure of Chief Operating Officer

Published on

BUFFALO, N.Y., Sept. 07, 2022 (GLOBE NEWSWIRE) — 22nd Century Group, Inc. (Nasdaq:

XXII

), a leading agricultural biotechnology company dedicated to improving health with reduced nicotine tobacco, hemp/cannabis, and hops advanced plant technologies, today announced changes in its management team as the Company accelerates growth in its reduced nicotine content tobacco business. The Company announced that Michael Zercher, President and Chief Operating Officer, will depart the Company effective September 30, 2022. John Miller, who leads 22nd Century’s tobacco business team, will assume the tobacco-related duties of the Chief Operating Officer’s role, while Chief Executive Officer James A. Mish will assume the title of Corporate President.

“With exceptionally successful VLN

®

pilot results in hand, 22nd Century is expanding sales and planning rollouts in strategic regions across the United States,” said James A. Mish, chief executive officer of 22nd Century. “In order to coordinate all of the critical elements of this expansion plus additional planned market launches, John Miller, who already leads our tobacco product, marketing and partnership efforts, will assume full operational responsibility for the tobacco product lines, bringing to bear his more than 30 years of industry experience to direct a fully integrated national VLN

®

sales strategy.”

On behalf of the Board of Directors and the entire Company, I thank Mike for his work at 22nd Century Group, including his important role in helping bring VLN

®

through the regulatory process to secure the first and only FDA Modified Risk Tobacco Product marketing order ever granted to a combustible cigarette. Mike has also been instrumental in developing our initial VLN

®

industry partnerships and successful Chicagoland pilot program,” said Mish. “As a result, 22nd Century represents a completely new type of tobacco business focused on disrupting the industry and, most importantly, helping adult smokers to smoke less. We thank Mike for the incredible success he has helped the Company achieve and wish him well in his future endeavors.”


About 22nd Century Group, Inc.


22nd Century Group, Inc. (Nasdaq:


XXII


) is a leading agricultural biotechnology company focused on tobacco harm reduction, reduced nicotine tobacco and improving health and wellness through plant science. With dozens of patents allowing it to control nicotine biosynthesis in the tobacco plant, the Company has developed proprietary reduced nicotine content (RNC) tobacco plants and cigarettes, which have become the cornerstone of the


FDA’s Comprehensive Plan


to address the widespread death and disease caused by smoking. The Company received the first and only FDA MRTP authorization of a combustible cigarette in December 2021. In tobacco, hemp/cannabis, and hop plants, 22nd Century uses modern plant breeding technologies, including genetic engineering, gene-editing, and molecular breeding to deliver solutions for the life science and consumer products industries by creating new, proprietary plants with optimized alkaloid and flavonoid profiles as well as improved yields and valuable agronomic traits.

Learn more at


xxiicentury.com


, on


Twitter


, on


LinkedIn


, and on


YouTube


.

Learn more about VLN

®

at

tryvln.com

.


Cautionary Note Regarding Forward-Looking Statements


Except for historical information, all of the statements, expectations, and assumptions contained in this press release are forward-looking statements. Forward-looking statements typically contain terms such as “anticipate,” “believe,” “consider,” “continue,” “could,” “estimate,” “expect,” “explore,” “foresee,” “goal,” “guidance,” “intend,” “likely,” “may,” “plan,” “potential,” “predict,” “preliminary,” “probable,” “project,” “promising,” “seek,” “should,” “will,” “would,” and similar expressions. Actual results might differ materially from those explicit or implicit in forward-looking statements. Important factors that could cause actual results to differ materially are set forth in “Risk Factors” in the Company’s Annual Report on Form 10-K filed on March 1, 2022, and in the Company’s Quarterly Report filed on August 9, 2022. All information provided in this release is as of the date hereof, and the Company assumes no obligation to and does not intend to update these forward-looking statements, except as required by law.


Investor Relations & Media Contact


Mei Kuo

22nd Century Group, Inc.

Director, Communications & Investor Relations

[email protected]

Darrow Associates Investor Relations

Matt Kreps

T: 214-597-8200

[email protected]

22nd Century Group (Nasdaq: XXII) Announces Management Updates and Departure of Chief Operating Officer


Primary Logo

Featured image: Megapixl © Grejak

Disclaimer

Latest News

CNBX Peer-reviewed Study: “Possible Future Therapeutic Value” for CNBX Proprietary Drug Candidate

CNBX Peer-reviewed Study: "Possible Future Therapeutic Value" for...

Heritage Cannabis Announces Second Amendment to Senior Secured Loan and a Facility Increase to $19.775 Million

Toronto, ON, Sept. 29, 2022 (GLOBE NEWSWIRE) -- Heritage...

Grown Rogue Reports Third Quarter 2022 Results, Positive Free Cash Flow and Net Income

Grown Rogue Reports Third Quarter 2022 Results, Positive...

FIRST-EVER TOM’S OF MAINE INCUBATOR TO ELEVATE NEXT GENERATION OF BIPOC ENVIRONMENTAL LEADERS

FIRST-EVER TOM'S OF MAINE INCUBATOR TO ELEVATE NEXT...

More like this

Canopy Growth Announces Divestiture of Canadian Retail Operations

Canopy Growth Announces Divestiture of Canadian Retail Operations ...

CV Sciences, Inc. Announces Proposed Settlement of Shareholder Litigation

CV Sciences, Inc. Announces Proposed Settlement of Shareholder...

ePlus Achieves Palo Alto Networks Authorized Support Center Certified Partner Status

ePlus Achieves Palo Alto Networks Authorized Support Center...

SweetWater Brewing Company Unveils New Fall Craft-Beer Releases

SweetWater Launches New IPA Variety 12-Pack, Introduces New H.A.Z.Y Double IPA and Brings Back...

Cannabis companies are thriving as a result of Europe’s call for medical marijuana

A South African manufacturer has sold all of its output for the upcoming year...