- ChineseInvestors.com
sees astounding 28,859 percent revenue growth in CBD product brands
- Company
tapping into economic potential of huge ethnic Chinese population in China
and North America
- Company
delivers education and analysis in Chinese on all aspects of
cryptocurrency production and trade
A financial information company dedicated to empowering
Chinese-speaking investors and building on the market potential of
cannabis-infused health and wellness products is announcing the expansion of
its footprint in North America with the opening of offices in eastern Canada.
ChineseInvestors.com, Inc. (OTCQB: CIIX) issued a news release on September 17
stating that it now has a sales and support office in Richmond, British
Columbia, in addition to its headquarters in San Gabriel, California, and other
corporate satellites in New York City and Shanghai.
The new British Columbia offices are located in the heart of
Richmond’s busy financial district in the Pacific Business Centre, a prime
location in close proximity to major Canadian banks, SkyTrain stations,
shopping plazas and the neighboring Service Canada Centre, according to the
news release (http://ibn.fm/fKGtp).
“With 54% of Richmond, British Columbia’s population
representing individuals of Chinese ethnicity, we are in the optimal Canadian
location to serve our target market,” CEO Warren Wang stated in the release,
noting ChineseInvestors.com’s “long history of delivering quality, innovative
subscription and educational services to Chinese globally.”
China’s citizens comprise the world’s largest national
population — estimated this month to be at over 1.4 million people or 18.54
percent of the total planet’s population, according to the United
Nations (http://ibn.fm/QVLdp).
Ethnic Chinese people’s presence in North America mirrors their global
anthropological status — they make up the largest subset of the diverse Asian
American community (http://ibn.fm/ArsNy)
and are collectively a potential economic engine.
ChineseInvestors.com is focused on delivering market
analysis and education in the Chinese language to assist investors striving to
participate in market activity. In November, the company launched a news and
investment education portal covering strategies and opportunities to capitalize
on the rising star of cryptocurrency and blockchain markets, including trading
guidelines, market commentary and analysis. After the beginning of the new
year, the company began producing a daily cryptocurrency video newscast in
Chinese in conjunction with independent news agency Wall Street Multimedia.
ChineseInvestors.com’s fiscal year-end report adds that the
company’s gross operating revenues experienced a 41 percent year-over-year
increase primarily as a result of consumer product sales tied to its
subsidiaries’ hemp brands. Its hemp oil and liquor products were the primary
reason its sales grew from $1,308 the previous May to $377,719 this year — an
astounding 28,859 percent increase. Revenues from the company’s cryptocurrency
brands grew from $19,453 to $206,648 during the year (http://ibn.fm/VP0OL).
The company plans to establish a cryptocurrency ATM network
with an online coin-to-coin exchange for Chinese cryptocurrency investors, and
to dedicate more resources to marketing its hemp-based CBD products as the
government regulatory climate continues to yield to popular clamor for greater
legalization of hemp as an agricultural commodity. Eventually,
ChineseInvestors.com expects to spin off its CBD division, ChineseHempOil.com,
Inc. In the meantime, the company has set its sights on moving into more U.S.
states, Toronto and Japan, Wang told MoneyTV (http://ibn.fm/CQTPf).
Wang said that he hopes the CBD spinoff will take place by
year-end as part of a drive to list on the OTC or a national exchange such as
Nasdaq in the coming months.
“We intend to continue to expand our consumer division by
dedicating more resources to marketing hemp-based CBD products both
domestically and in China,” Wang stated in the interview. “At the same
time, we will continue to offer our core financial subscription services with a
focus on increasing subscription revenues through targeted marketing of the Company’s
new cryptocurrency subscription services and educational products.”
For more information, visit the company’s website at www.ChineseInvestors.com
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