1Q21 Investor Update slide image

1Q21 Investor Update

MONETIZING KEY PLANT LINES IN A GROWING MARKET Industry Problem: Existing plant genetics result in low quality and unreliable yield for large-scale, commercial production of hemp/cannabis plants Market demand for hemp/cannabis ■ Global legal cannabis market is projected to be worth +$100B by 2024¹ driving demand, competition and capital investment, transforming the U.S. cannabis market ▪ 36 states have legalized medical use of cannabis and 17 states have approved recreational use 1. Prohibition Partners; "The Global Cannabis Report - November 2019" 2. Grandview Research; "Legal Marijuana Market Size Worth $73.6 Billion by 2027 | CAGR 18.1%" 22nd Century Group Solution: Optimize hemp/cannabis plant genetics and create disruptive, proprietary and stable plant lines that deliver higher crop yield for commercial use Moving to Monetization ▪ Revenue from existing work to begin in late 2021, expand in 2022 22nd Century Group, Inc. ▪ Plants will be grown in Colorado targeting higher levels of specific cannabinoids for end product/ use ■ Preparing second generation of plant lines; deploying KeyGene technology for subsequent season 22nd Century will enable large, commercial-scale growers to improve hemp/cannabis crop yield and improve stability, achieving artisanal quality hemp/cannabis plants in high-volume production 13
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