22nd Century Group Inc (XXII)

[brooklyn13]

As I said, I hope you are correct, although I think you've seriously downplayed the costs of jumping into the marketplace. You've overlooked simple things like packaging, sales, labor, and marketing costs. It's considerably more than tobacco leaves and a piece of paper. Sure doctors know all about the benefits of VLN but how does that translate into sales without hiring reps or sponsoring conferences?

Esad, I agree that we're range bound for the foreseeable future. That's why I've become short term bearish but remain long term bullish. I think money can be put to better use elsewhere for the time being. It might turn out to be a great place to continue selling short expiration $3 calls.

I don't believe in a mandate any time soon because there's lately been a lot of emphasis on the free market and not being a nanny state. We are in a situation where climate change is officially denied and environmental laws that protect health and lives are being scrapped. I don't see this as a time when concern for public health is paramount, maybe in a couple of years. Corporations are people, my friends.

https://www.latimes.com/business/lazarus/la-fi-lazarus-fda-cigarettes-nicotine-20180323-story.html

https://www.washingtonexaminer.com/opinion/the-fda-is-unintentionally-going-to-make-people-smoke-more

https://www.journalnow.com/business/very-low-nicotine-cigarettes-draw-fda-spotlight-scrutiny-some-fear/article_4023f321-dfeb-5c66-bdb9-5403a6316e06.html