22nd Century Group to Lose Key Manufacturing Agreement with Smoker Friendly
XXII is trading near its 52-week low of $3.74 (7.2% above the low) on light trading volume (0.3× avg).
Summary
22nd Century Group announced the termination of a material manufacturing agreement with Smoker Friendly, effective in 180 days, which will remove a significant revenue source for the financially distressed company.
Key Events · Legal and Risk Events · XXII
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Material Agreement Terminated
22nd Century Group received a 180-day termination notice from Smoker Friendly International, LLC for their Master Services Agreement dated January 1, 2025.
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Loss of Revenue Stream
Upon the expiration of the 180-day period, the company will no longer manufacture cigarette and cigar products for Smoker Friendly, impacting future revenue.
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No Termination Penalties
The termination was submitted pursuant to a convenience clause, and the company will not incur any early termination penalties.
Analysis · XXII · Manufacturing
22nd Century Group, already facing significant financial challenges and "going concern" doubts, has received a termination notice for a material manufacturing agreement with Smoker Friendly International. While there are no penalties and a 180-day transition period, the loss of this revenue stream will further strain the company's operations and financial stability, making its path to profitability more difficult.
How filings like this one have moved
In the 30 days to Oct 5, 2026, 36.9% of the 964 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.65%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, XXII was trading at $4.01 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $1.4M. The 52-week trading range was $3.74 to $2,841.00. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.