22nd Century Group, Inc. announced the signing of an additional reduced nicotine content technology license with North Carolina State University. The latest license provides additional modes of efficiently producing reduced nicotine content tobacco plants, extending 22nd Century's already extensive IP portfolio. The license will provide 22nd Century Group exclusive rights to the technology until 2042.

Under terms of the exclusive license, 22nd Century will have full use of the patent rights and plant materials to develop and commercialize reduced nicotine content tobacco using this latest non-GMO technology, which further enables worldwide marketability of the Company's VLN®? reduced nicotine content products. Financial terms of the agreement were not released.