March 4, 2024

24/7 Market News – (NASDAQ: XXII) 22nd Century Group Inc. shares have surged recently on news the FDA will attempt to ban addictive levels of nicotine in cigarettes.

[mstock id=”73007″ asset=”xxii”]

The company already manufactures brands that would fall under the approved level of nicotine under the new guidelines. The 52-week high on the stock is $4.58 but the stock had a significant move to the upside in January of this year almost trading 80 million shares and topping off at $3.50. In comparison the recent volume with more than 20 million saw a price increase to a high of $2.80

22nd Century Group (Nasdaq:XXII) Supports Federal Proposal to Require Less Nicotine in All U.S. Cigarettes
https://www.xxiicentury.com/investors/news/press-releases/detail/488/22nd-century-group-nasdaq-xxii-supports-federal-proposal

If Biden Nixes Nicotine, 22nd Century Group Stock Could 10X
https://www.nasdaq.com/articles/if-biden-nixes-nicotine-22nd-century-group-stock-could-10x

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