Here’s how it works: Under the program, 22nd Century will give $1 worth of its stock to distributors for every carton of Red Sun cigarettes they sell. Participating retailers will get $3 worth of 22nd Century stock as a rebate for every carton of Red Sun cigarettes they sell during 2015. Sell 100 cartons, get $300 in 22nd Century stock. Sell 1,000 cartons, get $3,000 in stock. If the company succeeds – and the stock goes up – the shares could be worth even more down the road. “This program is a mechanism for retailers to own stock in the brand they’re helping to build,” Sicignano said.
Recruiting mom-and-pop stores to carry cigarettes - Business - The Buffalo News
2nd Century Group (NYSE: XXII) disclosed in an SEC filing: 22nd Century Group, Inc. (the “Company”) preliminarily expects to generate revenues from the sales of products of at least $12 million for the year ending December 31, 2016, an increase of 50% when compared to the recently issued expectations for 2015.
22nd Century Group (XXII) Expects FY16 Products Sales of at Least $12M
Well in Europe, we certainly lined up distributor partners in the countries you mentioned and one or two others. So, yes, we have distributor partners and promotional partners all aligned up and ready to go. And frankly, we have specialty filters in stock to make products for those markets. So really all we need is a signed agreement with that specialty filter supplier and we are ready to move forward into those markets. So, I hope and plan for us to make those product launches very, very soon.
The US may be on the cusp of creating a home-grown industry from a long-demonized plant. The US hemp industry is pushing hard for a measure that would make it legal for US businesses to produce the substance, and if lawmakers approve it, consumers could soon find US-grown hemp in their food, baby products, fabric, fuel, paint, body-care products, paper, carpet, and even auto parts.
US-grown hemp could soon find its way into your food, clothes, and cars - Quartz
More than 70 US lawmakers from both political parties—including senate majority leader Mitch McConnell and Democrat Ron Wyden—back the measure (pdf). If passed, industrial hemp would be removed from the Controlled Substances Act definition of marijuana, effectively setting free what the Congressional Research Service estimates to be a $581 million hemp-product industry in the US.
US-grown hemp could soon find its way into your food, clothes, and cars - Quartz
The success of different smoking cessation treatments could be predicted by how quickly smokers break down (metabolise) nicotine in their bodies, according to new research published in The Lancet Respiratory Medicine journal. The findings, from the largest pharmacogenetic study of tobacco dependence treatment to date, reveal that normal metabolisers of nicotine have better quit rates with the non nicotine replacement therapy drug varenicline (trade name Chantix or Champix) compared with the nicotine patch, whereas slow metabolisers achieve similar quitting success using the nicotine patch but without the side-effects reported with varenicline.
How quickly smokers metabolise nicotine may point to best quitting method