The loss of the contract would represent a significant setback for 22nd Century, which derives nearly all of its revenue from manufacturing private-label traditional cigarettes and filtered cigars despite being known for its FDA-authorized very-low-nicotine (VLN) cigarettes
The ultra-light cigarettes segment is the fastest growing within the low tar category, projected to advance at a CAGR of 5.1% through 2034, driven primarily by rising health consciousness, increasing female smoker preference for ultra-light formats, and the sophisticated health-aware consumer bases in Japan and South Korea
These smokeless alternatives are promoted as convenient and discreet options for tobacco consumption
Sampler includes: Cinnamon, Citrus, Coffee, Mint, and Wintergreen in 2mg, 4mg, and 8mg
One of them ended up being so much further along than the other