Tag: renegade tobacco

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22nd Century purchases equipment out of bankruptcy

22nd Century purchases equipment out of bankruptcy

| December 5, 2013

22nd Century Group has purchased the cigarette production equipment used by the defunct Renegade Tobacco in Mocksville, North Carolina, USA. The Clarence, New York-based biotechnology firm intends to manufacture experimental and high-end cigarettes at the plant. 22nd Century paid $3.22 million for the equipment owned by GE Capital during a bankruptcy proceeding. In October, the company […]

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