The Lancero is the third in the 1502 XO series. The XO series is an annual release, each year getting a different vitola. 2015 saw the wide release of the Toro, and 2016 was the Churchill, and 2017 saw the Salamon. There is a total of 8 vitolas planned. A limited number of 1502 XO Lanceros were sold in 2016 to keep ahead of the FDA deadline with the wide release happening now.
The 1502 Cigars XO made its official debut on March 5 during an event at Wooden Indian Tobacco Shop in Havertown, Penn., before rolling out to other 1502 retailers in the following weeks. To determine when stores receive their allotment, Sánchez is holding what he called an “XO Draft Day” today, with the limited production of 1,502 individually numbered boxes of 10 cigars being divided up among existing accounts. There are only going to be 1502 boxes of 10 made each year and each box will be numbered, with each cigar also being numbered inside it's respective box. This first release of the XO is a 6x50 box-pressed Toro.