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22nd Century Group

Agricultural Biotechnology Mocksville, North Carolina ~120 employees
Founded
--
Employees (Est.)
~120
8 leaders known
Total Funding
$38.8M
Funding Rounds
6
Last Funding
2025-05-07

About 22nd Century Group

22nd Century Group, Inc. (Nasdaq: XXII) is a leading agricultural biotechnology company focused on improving health and wellness through plant science. Their primary mission in tobacco is to reduce the harm caused by smoking with innovative, reduced nicotine content tobacco products.

Products & Services

VLN Reduced Nicotine Content Tobacco Cigarettes:Cigarettes containing 95% less nicotine than conventional cigarettes, designed to help smokers reduce intake, with FDA MRTP authorization received in December 2021.
Plant Biotechnology Solutions:Proprietary plants with customized alkaloid, terpenoid, and flavonoid profiles, improved yields, and valuable agronomic traits for life science and consumer products industries.

Specialties

Plant Science Nicotine Biosynthesis Control Genetic Engineering Gene-Editing Molecular Breeding Reduced Nicotine Content Tobacco

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Debt
T: -
FT: Debt
A: 1000000
MR: -
FA: $1.0 million
FAN: 1000000
D: 2025-05-07
FD: 2025-05-07
-
2 RT: Warrant Inducement
T: -
FT: Warrant Inducement
A: 3200000
MR: -
FA: approximately $3.2 million
FAN: 3200000
D: 2023-12-04
FD: 2023-12-04
-
3 RT: Public Offering
T: -
FT: Public Offering
A: 5250000
MR: -
FA: $5.25 million
FAN: 5250000
D: 2023-10-17
FD: 2023-10-17
-
4 RT: Registered Direct Offering
T: -
FT: Registered Direct Offering
A: 3000000
MR: -
FA: $3.0 million
FAN: 3000000
D: 2023-07-06
FD: 2023-07-06
-
5 RT: Registered Direct Offering
T: -
FT: Registered Direct Offering
A: 5300000
MR: -
FA: 5.3 million
FAN: 5300000
D: 2023-06-20
FD: 2023-06-20
-
6 RT: Debt
T: -
FT: Debt
A: 21000000
MR: -
FA: $21 million
FAN: 21000000
D: 2023-03-03
FD: 2023-03-03
-
Debt Latest
2025-05-07
$1.0M
Warrant Inducement 2023-12-04
$3.2M
Public Offering 2023-10-17
$5.2M

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Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

L

Larry Firestone

Chief Executive Officer

A

Anthony Johnson

Director

L

Lucille S. Salhany

Director

A

Andy Arno

Director

R

Robert Manfredonia

Executive Vice President of Sales and Marketing

S

Scott Marion

Vice President of Operations

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Recent News

22nd Century Group Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

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Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Agricultural Biotechnology
Company Size
~120 employees (est.)
Locations
Mocksville, North Carolina
Mocksville, N.C., USA
Mocksville, North Carolina, USA

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Technology Stack

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