22nd Century Group Inc (XXII)

[brooklyn13]

Yes, MA is a commonly used abbreviation for Massachusetts, where both medical and recreational MJ are now legal, and the medical menu runs to about 6 pages.

They do currently have real medical professional working on the medical side of the business, so not sure what you mean, witch doctors aren't really involved.

The question is, If state after state, the entire West Coast, plus several other states, are currently offering medical MJ and it seems to be very popular, why do they need XXII? The answer is, they don't.

Instead of being possibly major players in this business, as we might have been had we got into it a few years ago, we're now in the position of fighting over crumbs. Supply lines are in place and production facilities are already ramping up with companies already in the business, no one's been waiting for XXII to jump in.

NJ and NY next and I think another state in the Midwest and / or Florida (?) is having a referendum soon. This is sort of the way that XXII has been also approaching potential sales of MRTP in Europe and Asia, to date, that is, not doing anything. This back pocket has holes in it.

There might be good managers at the helm of XXII, but they are sub par entrepreneurs.