22nd Century Group, Inc.
Close on Oct 19, 2026
- Market cap
- $61.73K
- P/E (TTM)
- –
- Dividend yield
- –
About 22nd Century
Cigarettes, SIC 2111
22nd Century Group, Inc. is an American plant biotechnology and tobacco manufacturing company focused on nicotine harm reduction. The company develops, produces, and commercializes proprietary reduced-nicotine content combustible tobacco products, led by its flagship brand VLN, which contains 95% less nicotine than conventional cigarettes. In addition to marketing proprietary reduced-nicotine products, it operates a turnkey contract manufacturing business producing MSA-compliant cigarettes and filtered cigars for third-party tobacco brands. Its customers include adult smokers seeking alternatives to reduce nicotine consumption, retail outlets such as convenience stores, and commercial tobacco brand partners.
The company conducts its high-speed manufacturing operations in a leased 60,000-square-foot facility in Mocksville, North Carolina through its wholly owned subsidiary, NASCO Products, LLC. Its commercial retail presence includes a footprint across more than 5,000 retail stores across 26 U.S. states. As of December 31, 2025, the company employs 32 people, all based in the United States. Its corporate headquarters is located in Mocksville, North Carolina.
Summary of the business section of 22nd Century's latest annual report, written by StockData.
Company profile
Company
- Legal name
- 22nd Century Group, Inc.
- Founded
- 1998
- Headquarters
- Williamsville, IN
- Address
- 8560 Main Street, Suite 4 14221
- Phone
- (716) 270-1523
- Website
- xxiicentury.com
- Employees
- 32, Dec 31, 2025
- Industry
- Cigarettes
- Incorporated in
- Florida
- Fiscal year ends
- December 31
- Auditor
- WithumSmith+Brown, PC, Buffalo, New York
Stock & identifiers
- Ticker
- XXII
- Exchange
- Nasdaq
- Shares outstanding
- 1M, Aug 14, 2026
- Public float
- $3.50M, Jun 30, 2025
- Filer category
- Non-accelerated filer<br>Smaller reporting company
- Stock splits
- 1-for-20 reverse, Jun 12, 2026; 1-for-15 reverse, Jan 26, 2026; 1-for-23 reverse, Jun 20, 2025; 1-for-135 reverse, Dec 17, 2024; 1-for-17 reverse, May 15, 2024; 1-for-16 reverse, Apr 2, 2024; 1-for-15 reverse, Jul 5, 2023; 1-for-15 reverse, Jul 5, 2023
- SEC CIK
- 1347858
- CUSIP
- 90137F707
- ISIN
- US90137F7078
- LEI
- 5493000LGPXTLG1UMJ56
- EIN
- 98-0468420
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Lawrence Firestone | Chief Executive Officer, Director | 68,129 |
| Arvil S. Marion | VP of Mfg. Operations* | 33,062 |
| Robert P. Manfredonia | EVP of Sales and Marketing | 33,062 |
| Daniel A. Otto | Chief Financial Officer | 37,871 |
| Jonathan Staffeldt | VP and Deputy General Counsel | 37,871 |
| Andrew Arno | Director | 17,481 |
| Lucille S. Salhany | Director | 11,114 |
| David N. Keys | Director | 14,696 |
| Anthony L. Johnson | Director | 2,479 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Lawrence DFirestone | $939.73K | $622.08K | $565.08K | – | – |
| FY2024 John JMiller | $221.47K | – | $234.70K | $0 | – |
| FY2024 Lawrence DFirestone | $426.68K | $426.68K | $234.70K | $0 | – |
| FY2023 James AMish | $706.78K | -$529.52K | $707.17K | $1 | – |
| FY2023 John JMiller | – | $25.45K | $707.17K | $1 | – |
| FY2023 Lawrence DFirestone | $32.69K | $32.69K | $707.17K | $1 | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had 32 employees.”
Corporate history
Events identified from SEC filings