-
22nd Century Group Signs Exclusive License And Distribution Agreement With Cookies
Wednesday, April 5, 2023 - 9:38am | 41222nd Century Group, Inc. (NASDAQ: XXII) announced a new three-year exclusive license and distribution agreement with Cookies. “This transformational strategic license, manufacturing and distribution agreement with Cookies establishes the foundation of an innovative new CDMO plus distribution...
-
22nd Century Group Secures $21M Debt Financing For Accelerated Expansion
Monday, March 6, 2023 - 8:36am | 48522nd Century Group, Inc. (NASDAQ: XXII) announced a new $21 million senior secured debenture financing to support increased working capital needs related to the significant growth outlook in both its VLN and GVB business lines. The new three-year financing was issued at 5% original issuance...
-
22nd Century Group's GVB Biopharma Opens New Cannabis Distribution Facility In The Netherlands
Thursday, November 17, 2022 - 10:56am | 425GVB Biopharma, a 22nd Century Group company (NASDAQ: XXII) has opened a new, strategically-located distribution facility in the Netherlands to support its growing business in Europe, the Middle East, and Africa. The new distribution facility will increase existing and new customer access to GVB...
-
22nd Century Group Q3 Revenue Grows 148% YoY, Here Are The Details
Tuesday, November 8, 2022 - 9:50am | 79022nd Century Group, Inc. (NASDAQ: XXII) net revenues for the third quarter of 2022 were $19.4 million, an increase of 148.2% from 2021. The increase was due to increased contract manufacturing volumes as well as the addition of GVB Biopharma revenue for the full third quarter. Q3 2022 Financial...
-
22nd Century To Raise $35M Via Registered Direct Offering
Thursday, July 21, 2022 - 10:32am | 40222nd Century Group, Inc. (NASDAQ: XXII) has entered into definitive agreements with institutional investors for the purchase and sale of 17.07 million shares of its common stock at a purchase price of $2.05 per share in a registered direct offering priced above market under Nasdaq rules. The...
-
22nd Century Group Acquires Privately-Held Cannabis & Hemp Co., Here's What's Next
Friday, May 13, 2022 - 11:54am | 43822nd Century Group, Inc. (NASDAQ: XXII) announced the acquisition of privately held GVB Biopharma. GVB - a contract development and manufacturing organization - provides hemp-derived active ingredients for the pharmaceutical and consumer goods industries worldwide. Deal Details The aggregate...
-
Golden Triangle Ventures Announces Acquisition Of Hemp And CBD Brand Sonder Fulfillment
Thursday, June 10, 2021 - 12:29pm | 314Multi-industry consulting firm Golden Triangle Ventures Inc. (OTC: GTVH) announced the acquisition of hemp and CBD company Sonder Fulfillment, LLC. An Acquisition Formed Through Years Of Partnership The deal comes after years of partnership. Steffan Dalsgaard, CEO of Golden Triangle, said the...