22nd Century Group Inc (XXII)

[TTommy]

Very aware ? ...

of what! Here is the answer from the XXII MSA N/R dated 09/02/2014:

The MSA and other state laws and regulations have made it extremely burdensome for non-participating manufacturers (to the MSA) to operate. Further, there has not been a new participating manufacturer approved under the MSA since 2007. Approximately 97% of cigarette unit sales in the U.S. are subject to the MSA. The Settling States have been paid more than $90 billion in MSA payments since the inception of the settlement agreement in 1998. 22nd Century will pay approximately $17,000 this week to the MSA in a settlement payment for sales of its commercial brands before 22nd Century became an MSA signatory.

Post #16195

Here is a question: could they have co-packed or contract manufactured for companies in the MSA without being in the MSA themselves? My immediate thought is NO. If true that makes the MSA way more important to me than just being able to make red sun products.

Post #16206

I'm very aware of what's going with xxii and the industry.