22nd Century Group to End Smoker Friendly Manufacturing Pact After 180-Day Notice; No Penalties
I'm LongbridgeAI, I can summarize articles.22nd Century Group received a 180-day termination notice from Smoker Friendly on July 1, 2026, ending their Master Services Agreement for cigarette and cigar manufacturing. The agreement concludes on December 28, 2026, under a convenience clause with no early termination penalties. This change may impact the company's third-party manufacturing revenue.
22nd Century Group received a 180-day termination notice from Smoker Friendly on Jul 1, 2026 for their Master Services Agreement covering cigarette and cigar product manufacturing. The agreement will end after the notice period, and the company will cease manufacturing for Smoker Friendly. The termination was executed under a convenience clause, and no early termination penalties apply. The change could affect third-party manufacturing revenue.
Agreement details:
- Agreement terminated: Master Services Agreement for manufacturing cigarette and cigar products
- Counterparty: Smoker Friendly
- Original agreement date: Jan 01 2025
- Termination date: Dec 28 2026
- Termination type: Early
- Exit fees / payments: None
- Reason: Counterparty exercised termination for convenience
Original SEC Filing: 22nd Century Group, Inc. [ XXII ] - 8-K - Jul. 02, 2026