- CIIX
announces an official media partnership with Marijuana Business Daily for
its flagship event, MJ Biz Con
- ChineseInvestors.com,
Inc. leveraging MJ Biz Con visibility to enhance investor community
traction
- CIIX
CEO sees a positive growth outlook for 2019 in the industrial hemp
cannabidiol product line
ChineseInvestors.com, Inc. (OTCQB: CIIX) has grown to be a leading
financial information website targeting Chinese investors in the U.S. and
elsewhere. Founded in 1999, the company focuses on providing real-time market
analysis, commentary and education-related services. In addition, CIIX offers
consultative services aimed at small private companies, advertising services
and public relations support products.
The company recently announced an official media partnership
with Denver-based business news outlet Marijuana Business Daily. This has seen
CIIX feature prominently at the ongoing Marijuana Business Daily flagship
event (http://ibn.fm/IbTGV)
underway at the Las Vegas Convention Center through November 16.
According to Warren Wang, CEO of CIIX, the company has positioned
itself to play a strong leadership role at MJ Biz Con. The conference is
strategic for the company because of the visibility it provides. CIIX plans to
leverage the opportunity that the conference presents to develop alliances and
identify new revenue opportunities.
During the conference, CIIX aimed to receive additional
visibility at a networking lunch and presentation held on November 15 at Las
Vegas’ Capital Grille. In attendance were Alan Stone & Company, Southern
California Investment Forum and Wallstreet Research.
ChineseInvestors.com, Inc. was also present during the
National Investment Banking Association Conference (http://ibn.fm/f8YKV) that was
held in New York from October 31 to November 1, 2018. This conference gave
investors a better understanding and favorable perspective of the industry
growth prospects of CIIX. The company, led by Wang, aims at sharing its
investment story with the audience at MJ Biz Con in a bid to gain further traction
and investor confidence.
Leveraging its financial expertise, CIIX, through subsidiary
CBD Biotechnology Co. Ltd., recently entered into a key distribution agreement
for industrial hemp cannabidiol. With the evolving regulatory and political
landscape, the Chinese market for industrial hemp cannabidiol is likely to
drive revenue growth for the company.
In its first fiscal quarter of 2019, ChineseInvestors.com,
Inc. announced revenue growth of 70 percent year-on-year, with product sales up
more than eight times. In fiscal year 2019, the company has planned to inject
more marketing resources into the industrial hemp cannabidiol product line.
This move is likely to enhance its growth numbers.
The main operating revenue sources for the company are
investor relation service, subscriptions and sales of products. Just like most
companies in this industry, the lion’s share of operating expenses is taken up
by general and administrative costs. They accounted for 86 percent of the
company’s total operating expenses for the quarterly period ended August 31,
2018.
For more information, visit the company’s website at www.ChineseInvestors.com
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