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Manipulation of a stock by MMs reached to its climax with XXII.
Under clients on his web page XXII is the only client???!!!!
When is the burial? Not today I presume. Shorts ran with the ball, again....
Why no mention of XXII technology? Do you know?
I agree. Currently, non of the big T members want to be the black sheep of the family by signing a deal with XXII. But, the pressure is building one will crack and join with XXII and that big T member will be the winner along with XXII. Let us wait and see who will be the winner...
Thanks for your mature response with factoids.
Nice find. This message might explain the sudden drop inXXII pps...
My bad should read 534 thousand.
Yup, unfortunately..
Henry will save money then....
This morning 534mil. shares changed hand at one go. Shorts are taking advantage of death news..
Let us see who will be the replacement if any...
Why? He might be an important contact with FDA but facts about VLN , XXII , FDA approach to reducing nicotine level hasn't changed .
your welcome..
There is a Motley Fool article shared on Yahoo XXII board....Bottom line XXII is a good investment for near future...
Drop in sales in France drop pps price in U.S.A. What hit the pps???
Before making money when and if this free fall will stop..
Because the stock fell like a rock.....
what did he say to break the back of xxii?
bloody, bloody.
when the free fall will stop.....
dont want to rain on our parade all you outlined are very true but it is not reflected on our pps price. that really confuse me....
It opened red, again. When the free fall will stop.....
Let us hope Henry can show the future to Wall Street on Monday...
Don't know him that well whether he is bald or hairy but I know he should be bold on 03/19. No dancing around no mambo jumbo. At least announce negotionations has started with one of the T companies better yet announce a deal with one of them. Otherwise XXII will go down and down while waiting for FDA ...
time to shine henry...
Time to sell XXII technology to investors Henry... Be brief, factoids only I am sure all investor even with mediecore brain power will understand future of XXII, except Seeking Alpha and Motley Fool.....
I think he ran away....
Since FDA paved the way now it is all upto Henry's marketing and selling capability of XXII product and patents to investment world.
this is motley fool article of today....[/color]
Why Isn't This Marijuana Stock Booming? (Hint: The Answer Has Nothing to Do With Weed)
March 19, 2018, 08:03:00 AM EDT By Keith Speights, Motley Fool
In the first three weeks of 2018, shares of 22nd Century Group (NYSEMKT: XXII) soared nearly 50%. Now, though, the stock has given up all of those gains and then some.
You'll find 22nd Century Group included in most lists of marijuana stocks, because the biotechnology company is developing cannabis plants that have no THC -- the primary psychoactive compound in cannabis -- as well as cannabis plants that have optimized levels of cannabidiol (CBD) and other cannabinoids.But 22nd Century Group's primary focus for now is its capability to genetically engineer tobacco to have low levels of nicotine.
On Thursday, the Food and Drug Administration (FDA) announced that it was moving forward with plans to require tobacco cigarettes sold in the U.S. to have minimal or nonaddictive levels of nicotine. You'd think this news would have provided a nice boost to 22nd Century Group stock, but instead the share price actually dropped.
Why isn't this stock booming? The answer is a little complicated.
Man breaking cigarette into two pieces
Image source: Getty Images.
A long and winding tobacco road
First of all, it's important to understand the FDA's process. The FDA doesn't just decide one day to make changes then implement those changes the next day. There's a long and winding process involved before any changes go into effect.
The announcement last week related to the issuance of what's called an advance notice of proposed rulemaking (ANPRM). Ultimately, the FDA wants to to set a maximum nicotine level in cigarettes so that they are minimally addictive or nonaddictive. However, there are several issues involved with setting such a standard.
Probably the most important issue is what maximum nicotine level should be used. There are also questions about the best way to implement a new standard. Other issues include how nicotine levels should be measured and the technical feasibility of cigarette companies to comply with new requirements. The ANPRM is intended to allow the public, including tobacco companies and anti-tobacco advocates, to weigh in on these issues.
All comments must be submitted to the FDA by June 14, 2018. The agency will then review the feedback that it received. There are three different possible paths after this review. One is that the FDA could decide not to do anything. Another is that another proposed rule could be issued, with the process starting over. It's also possible that the FDA issues a final rule. If this third path is taken, typically the FDA will set an effective date for the new rule far enough in the future for impacted parties to have time to make the necessary changes to achieve compliance.
What's holding 22nd Century Group back?
One reason that likely explains in part why 22nd Century Group stock hasn't skyrocketed is this long, drawn-out process that the FDA follows. It's going to be a while before anything is finalized and even longer before any change might be implemented -- and the market realizes that.
Also, the FDA first announced its approach to regulation of nicotine, including the plan to set maximum levels for nicotine in cigarettes, back in July 2017. That announcement lit a fire beneath 22nd Century Group stock, so much of the anticipation of regulatory changes is already baked into the stock price.
Some investors could be concerned that some of 22nd Century Group's key patents expire in 2018. These patents relate to the QTP gene in tobacco. The expiration of these patents will clear the way for third parties to target the QPT gene in an effort to lower nicotine levels.
Another potential factor that could be causing some investors to hold off on buying 22nd Century Group is that there are several alternative methods for tobacco companies to lower nicotine levels. The good news for 22nd Century Group was that FDA's ANPRM specifically mentioned genetic engineering, including a reference to 22nd Century Group's technology, as one way to reduce nicotine levels in tobacco.
However, the ANPRM also noted that very low nicotine content (VLNC) cigarettes have been around since the 1970s. The tobacco industry could use breeding and cultivation practices to lower nicotine content. Chemical extraction of nicotine is another potential technique that could be used. And there are other possible approaches to reducing nicotine levels as well. The bottom line is that there's no guarantee that tobacco companies will be lining up at 22nd Century Group's door, even if a new requirement for very low nicotine levels is implemented.
There's one thing that isn't a problem for 22nd Century Group, though: cash. Through early October of last year, 22nd Century Group stock was on fire -- and even ranked as the top-performing marijuana stock of the year. (Again, even though the company's primary focus is tobacco, it's still viewed by many as a marijuana stock.) However, the stock plunged after 22nd Century Group announced a stock offering to raise cash.
But that stock offering put the company in great shape from a cash standpoint. As of the end of 2017, 22nd Century Group had a cash stockpile totaling $62.6 million, including cash, cash equivalents, and short-term investments. The company said that amount would be enough to fund operations "for a number of years."
A boom ahead?
Will 22nd Century Group stock skyrocket yet again as the FDA process moves along? It's quite possible.
Although it's true that tobacco makers have several options available to reduce nicotine levels, genetic engineering of tobacco plants could be one of the best ways to do so. 22nd Century Group holds several patents on genes that are instrumental in lowering nicotine levels in tobacco plants. Even with its QPT patent family expiring this year, there would be a lot of hurdles for other companies to jump to develop genetically engineered tobacco plants with lower nicotine levels.
However, it's still early. 22nd Century Group, for now at least, is an unprofitable company with a stock that remains a speculative play. That would rule this stock out for many investors. For those who are willing to place a bet that the FDA will deliver on its promise to dramatically lower nicotine levels in cigarettes, though, buying a small position in 22nd Century Group might be a gamble that pays off nicely.
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Keith Speights has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
This article appears in: Personal Finance , Stocks
Referenced Symbols: CBD , XXII
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they can do that but if fda release mendory compliance before 2021 we are still in business.
the sentence from 10k (attached) is what they are refering to but there is an expilicit explaination of what it means below.section They refer only to the expiration date.
Intellectual Property
Our intellectual property enables us to decrease or increase the level of nicotine and other nicotinic alkaloids in tobacco plants and the levels of cannabinoids in hemp/cannabis plants through genetic engineering and plant breeding. The basic techniques include, but are not limited to, those that are used in the production of genetically modified (“GM”) varieties of other crops, which are also known as “biotech crops.”
We have extensive patent protection and exclusive rights covering tobacco plants with altered nicotine content produced from modifying expression of certain genes in the tobacco plant, including NBB, QTP, A622, MPO and several transcription factor genes, and tobacco products produced from these plants. With the exception of the QTP patent family that will expire in 2018, the majority of our patent families related to nicotine biosynthesis will expire between 2021 and 2034, with certain extensions of terms in the U.S. applications resulting from patent term adjustments at the U.S. Patent and Trademark Office. (A “patent family” is a set of patents granted in various countries to protect a single invention.).
The creation and production of unique tobacco plants with agronomic traits of Very Low Nicotine levels, with sufficiently high germination rates, and sufficiently large plant yields at harvest, among many other desirable qualities, are necessary for the plants to be sufficiently reliable to be planted at commercial scale. The expiration of the QPT patent family in 2018 will provide third-parties with the freedom to target the QPT gene in the tobacco plant, but the targeting of the QPT gene alone does not mean that a third-party will be successful in creating a tobacco plant with altered levels of nicotine. The freedom to target the QPT gene means that a third-party may conduct scientific experiments to try to discover how to alter or affect the QPT gene in ways that may or may not result in a change in nicotine levels in the tobacco plant. If a third-party is subsequently able to learn, over time, how to utilize the QPT gene to alter nicotine levels in the tobacco plant, then such third-party would still need to develop and create a unique tobacco plant with very low levels of nicotine (not just a “reduced nicotine” plant), which would involve, among many other things, multiple plantings over multiple generations of the plants to try to create stable and reliable Very Low Nicotine plants, with no assurance that any third-party could be successful in such efforts. However, if a third-party is able, over time, to develop a tobacco plant with very low levels of nicotine, then such third party would still need to develop a Very Low Nicotine plant with sufficiently high germination rates and sufficiently large plant yields at harvest for the plant to be sufficiently reliable to be planted in large quantities to support its use at commercial scale, which would again involve, among many other things, multiple plantings over multiple generations of the plants to determine the reliability and stability of the germination rates and plant yields at harvest of such plants.
While third-parties may desire to engage in experiments with the QPT gene, we already have proprietary VLN tobacco with germination rates, plant yields at harvest, and other desirable qualities that are acceptable to us for the plant to be sufficiently reliable to be planted by us at commercial scale. We have provided more than 24 million research cigarettes containing our proprietary VLN tobacco that was grown under strict contracts with our growers and then processed and finished into cigarettes at our factory. Thus, we believe that our VLN tobacco has the agronomic qualities that are sufficient to support its use in a commercial scale product. We are also developing our next-generation VLN tobacco to continue to maintain our competitive advantage in being a unique provider of VLN tobacco to third-parties that may desire to utilize it in their finished tobacco products.
In September 2014, we entered into a Sublicense Agreement with Anandia Laboratories, Inc. (the “Anandia Sublicense”). Under the terms of the Anandia Sublicense, we were granted an exclusive sublicense in the United States and a co-exclusive sublicense in the remainder of the world, excluding Canada, to 2 U.S. patents and 23 patent applications relating to genes in the hemp/cannabis plant that are required for the production of cannabinoids, the “active ingredients” in the hemp/cannabis plant. The Anandia Sublicense continues through the life of the last-to-expire patent, which is expected to be in 2035. As a plant biotechnology company, our entry into the legal hemp markets is a natural evolution of our activities in a plant that has important research and commercial value and applications. Under licenses granted by the Canadian government to Anandia, we conduct research and development on unique plant varieties of hemp at Anandia, such as (i) plants with low to no amounts of THC for the legal hemp industry, and (ii) plants with high levels of CBD and other non-THC cannabinoids for the legal medical cannabinoid markets.
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There is a news on Yahoo board that Motley Fool is spreading the word that XXII patent is expiring in 2018 that is total BS. If this is true isn't there any rule, regulation to avoid such false rumors that may damage a stock!!!!
It is amazing how the market is down playing FDA news on the expense of XXII. If a news of this magnitude would have been released for a company other then XXII that stock would have shoot 2 even 3 times by now. Huge stock manipulation .
It is for sure FDA light the fire under the big tobacoo . Though it is long process let us see how the big T will try to cool it...
No need to fight. Cat is out of the bag and cat has XXII written all over it.
Guess investors listen to Seeking Alpha. took 750,000 shares to turn red...
what happened to the moon.....
Glad to hear....
Are you trying to say XXII is fraud and making false claims?