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Despite ongoing net losses, 22nd Century said it is prioritizing distribution growth, regulatory engagement, and margin improvement, with plans to expand licensing opportunities and advance multiple PMTA submissions to support long-term growth

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"I view this as a response to the needs of our customer, and our store managers are communicating they need it." The company believes the sales comp lift from tobacco will be greater than what it has seen from beer and wine, although it expects most of the growth to be on the front end, considering the category is in decline

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