22nd Century Group, Inc. Paving The Way For Up-Listing To A National Securities Exchange

CLARENCE, N.Y.--(BUSINESS WIRE)--22nd Century Group, Inc. (OTCQB:XXII) announced today that the company sent notices to all its warrant holders encouraging the exercise or amendment of the company’s warrants. 22nd Century Group’s management believes the company will have sufficient stockholders equity to up-list its common stock to a national securities exchange – such as NASDAQ or NYSE – if the company’s “derivative warrant liability” is reduced through the exercise or amendment of the outstanding warrants.

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