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22nd Century signs worldwide agreement with KeyGene for genetic development of Hemp/Cannabis

New York-based 22nd Century GroupInc., a plant biotechnology company that produces tobacco harm reduction, Very Low Nicotine Content tobacco, and hemp/cannabis research, has announced that the company has entered into a worldwide strategic research and development agreement with KeyGene,a global leader in plant research involving high-value genetic traits and increased crop yields.

This exclusive, worldwide collaboration will focus on developing hemp/cannabis plants with exceptional cannabinoid profiles for medical and therapeutic use among other applications.

Cannabinoids are naturally occurring compounds found in hemp and in cannabis that have been linked to a number of potential medical benefits. The mix, concentration, and characteristics of these cannabinoids vary widely and can be optimized through molecular breeding and other modern crop improvement technologies that have been utilized extensively in other crops, but which have been utilized rarely in hemp and cannabis varieties.

The 22nd Century-KeyGene collaboration provides 22nd Century access to a unique suite of crop innovation platforms, including genomics, molecular genetics, trait discovery and breeding technologies. Under the agreement, 22nd Century will hold exclusive worldwide rights to all hemp/cannabis plant lines, intellectual property on metabolic traits, and research results that are developed through this strategic partnership.

Work on the program will occur in multiple locations in the United States and the Netherlands.

This exclusive, worldwide collaboration will focus on developing hemp/cannabis plants with exceptional cannabinoid profiles for medical and therapeutic use among other applications.