1Q21 Investor Update slide image

1Q21 Investor Update

2021 PRIORITIES & AREAS OF FOCUS Tobacco Franchise Hemp/Cannabis & Third Plant-based Franchise Financial 01 03 05 ■ ■ ■ Secure MRTP Authorization from FDA Fully prepared for commercial launch of VLNⓇ within 90 days post authorization Execute on licensing and partnership initiatives ■ Target upstream segments of cannabinoid value chain ■ Enable development of commercially valuable plant lines and related IP with stabilized genetics within two years ▪ Monetize our hemp/cannabis IP beginning in 2021 and continue to bring disruptive technology forward Maintain diligent financial execution, efficient operating structure, and balance sheet strength to support growth initiatives 02 04 I 22nd Century Group, Inc. Support, advance, and advocate for FDA to enact its proposed nicotine cap mandate for all combustibles ▪ Favorable political climate for critical public health initiatives ■ ▪ Initial development of a third, plant-based franchise in process Operates in industry that is not as highly regulated and legislated; faster route to commercialization than first two franchises ■ Pursue strategic partnerships to support development of this franchise 5
View entire presentation