Source: Richard Craver, WINSTON-SALEM, 6/8/21


22nd Century Group Inc. said Monday it has reached an agreement to sell 10 million shares to an unidentified institutional investor for $4 a share. The company also said it is expanding the reach of its hemp/cannabis development initiatives to include a presence in Canada. 22nd Century, which recently moved to Buffalo, has its cigarette-manufacturing operations in a 62,000-square-foot plant in Mocksville where it has 51 employees.

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