$XXII·8-K

22nd Century Group, Inc. · Jul 2, 5:15 PM ET

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22nd Century Group, Inc. 8-K

Research Summary

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Updated

22nd Century Group Announces End of Manufacturing Deal with Smoker Friendly

What Happened
22nd Century Group, Inc. (XXII) filed an 8-K reporting that on July 1, 2026 it received a 180‑day termination notice from Smoker Friendly International, LLC under the Master Services Agreement dated January 1, 2025 (as amended). Under the notice — submitted under the agreement’s termination‑for‑convenience clause — the Company will stop manufacturing cigarette and cigar products for Smoker Friendly once the 180‑day period expires. The Company said it will not incur any early termination penalties.

Key Details

  • Notice received: July 1, 2026.
  • Termination period: 180 days (service ends about Dec 28, 2026).
  • Agreement referenced: Master Services Agreement dated January 1, 2025, including all addenda (as amended).
  • Products affected: cigarette and cigar manufacturing for Smoker Friendly; no early termination fees will be charged.

Why It Matters
This 8‑K documents the loss of a manufacturing customer relationship: after the 180‑day notice period 22nd Century will no longer produce tobacco products for Smoker Friendly. The filing does not disclose the financial impact, replacement plans, or whether other customer orders will offset the loss. Investors should note the timeframe for the transition and watch for future disclosures or guidance from the company about revenue, production capacity, or new contracts.

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