22nd Century CEO & Chairman Larry Firestone: Improved Gross Margin, ~5,000 Retail Outlets and >$50B Market Opportunity Highlight Mid-Year Stockholder Letter
22nd Century Group's CEO and Chairman Lawrence Firestone issued a mid-year stockholder letter highlighting improved gross margin, distribution to approximately 5,000 retail outlets, and what the company describes as a greater than $50 billion market opportunity. The letter also cites rising same-store sales and an accelerated commercial execution phase for the second half of 2026.
Why it matters — A XXII watcher would care because the letter provides management's assessment of the company's commercial progress and outlook for its low-nicotine product category.