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| 22nd Century cigarette company says sales may top |
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| 14 Beiträge - Grünschnabel
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Clarence cigarette manufacturer 22nd Century Group is expecting at least $5 million in sales next year as the company starts selling its tobacco products in stores in both the United States and Spain.
"We will do not less than $5 million," said Henry Sicignano III 22nd Century's president and chief operating officer <a href="www.usacigarettesshop.com">Online Cigarettes Free Shipping</a>, during a conference call on Tuesday <a href="www.wholesaleusacigs.com">Newport Menthol Cigarettes</a>.
The forecast was the first time that company executives have put a number on how much revenue it expects to generate from its two initial deals to sell its cigarettes <a href="www.usasmokingsale.com">Cigarette Tobacco For Sale Online</a>, through the Smoker Friendly chain in the United States and another arrangement in Spain that will make its products available in more than 1,000 stores.
Both of those sales deals still must clear some final hurdles before 22nd Century's cigarette brands can appear on store shelves <a href="www.ctdonut.com/marlboro">Cheap Cigarettes</a>. Spanish regulators have raised some concerns over the labeling of the company's Magic cigarette brand products. The company's deal to sell its Red Sun cigarettes through the Smoker Friendly chain in the United States still must be approved by the National Association of Attorneys General.
Sicignano said 22nd Century expects to receive the needed approvals in time to begin shipping cigarettes to stores in both countries early next year, potentially as soon as mid-January.
"The company is going to focus very, very keenly on revenue opportunities in the near term," Sicignano said. 22nd Century's technology allows it to manipulate the level of nicotine and other chemicals in tobacco <a href="www.cigarettesonlinesale.com">Newport 100S Cigarettes</a>.
In the longer term, the company plans to seek a partner in the pharmaceutical industry to help fund the Phase 3 clinical studies that must be completed to win regulatory approval of its cigarettes that contain extremely low levels of tar for use a product to help smokers quit <a href="www.smokingsaleusa.com">Cheapest Marlboro Cigarettes Free Shipping</a>. Sicignano said the studies likely will cost $15 million to $20 million to complete.<br/>Related articles:<br/> <a href="http://colochambons.forumcrea.com/viewtopic.php?pid=127 56#p12756">How Much Are A Pack Of Cigarettes</a>
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| Beitrag vom 27.07.2020 - 09:06 |
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