22nd Century Group Preliminarily Reports Third Quarter Financial Results
22nd Century Group, Inc. (XXII) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 22nd Century Group Preliminarily Reports Third Quarter Financial Results Revenue Grew 66% to $4.8 Million; Gross Profit Turned Positive at $0.4 Million MOCKSVILLE, N.C., October 22, 2026 —22nd Century Group, Inc. (Nasdaq: XXII), the only low nicotine tobacco company
How this was made
The 30-second read
Why it matters
Preliminary data may move the stock modestly ahead of the final earnings release, with investors focusing on cash runway and margin trends.
Market read
Micro‑cap earnings preview; limited but could trigger short‑term price action.
What to watch
Potential regulatory changes to low‑nicotine products could materially affect future performance.
Background
22nd Century Group is the only listed low‑nicotine tobacco company, reporting preliminary Q3 numbers via an SEC 8‑K filing.
Ticker impact
Preliminary Q3 2026 results show revenue up 66% to $4.8M and a swing to positive gross profit of $0.4M.
likely modest pressure as market prices in improved revenue but remains cautious due to ongoing losses
Revenue growth is strong for a micro‑cap, yet operating loss of $2.6M and net loss keep downside risk; traders may watch for earnings release on or before 13 Nov.
Market effects
Shows traction in low‑nicotine tobacco niche, may signal growth for similar harm‑reduction products.
Limited to U.S. small‑cap investors; no broader regional effect.
Minimal global impact; niche sector news only.
Counterpoint
Despite revenue surge, continued operating losses suggest the stock may face further downside if cash burn persists.
Key entities
- ExecutiveLarry Firestone
Chief Executive Officer of 22nd Century Group, provided commentary on growth.
