---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-008633"
form_type: "8-K"
ticker: "XXII"
cik: "0001347858"
company_name: "22nd Century Group, Inc."
filed_at: "2023-05-09T23:59:59+00:00"
generated_at: "2026-06-15T08:34:16.986537+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# 22nd Century Q1 revenue $22.0M (+143% YoY); net loss $18.2M; guides FY2023 $105-110M

## Summary
- Net revenue $22.0M, up 143% YoY; operating loss $17.8M; net loss $18.2M.
- Full-year 2023 revenue guidance $105M-$110M, representing 69-77% growth over 2022's $62.1M.
- Signed exclusive CDMO+D license/distribution agreements with Cookies and Old Pal worth >$140M over three years.
- Record cannabinoid ingredient volumes; hemp/cannabis revenue $13.0M in Q1 2023 vs $0 in Q1 2022.
- Cash $23.7M at March 31; $21.1M senior credit facility secured to fund working capital.

## SEC filing metadata
- accession: 0001558370-23-008633
- form_type: 8-K
- ticker: XXII
- cik: 0001347858
- company_name: 22nd Century Group, Inc.
- filed_at: 2023-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1347858/000155837023008633/0001558370-23-008633-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1347858/000155837023008633/xxii-20230509x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-008633
- JSON: https://secwatch.observer/filing/0001558370-23-008633.json
- Plain text: https://secwatch.observer/filing/0001558370-23-008633.txt

## Key facts
- Earnings Releases
  22nd Century Group, Inc. reported first quarter ended March 31, 2023 results: revenue $22.0 Million. Guidance initiated.
  - Period: first quarter ended March 31, 2023
  - Revenue: $22.0 Million
  - Guidance: initiated
  - Result: reported results
  source text: First Quarter 2023 Net Revenues $22.0 Million, Up 143% from the First Quarter 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1347858/000155837023008633/0001558370-23-008633-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.