- CBD
division offers potential for shareholders, as shared on MoneyTV
- Over
70 retail establishments offering ChineseHempOil.com products in Los
Angeles
- Ground
work for wholly owned subsidiary focused on CBD products began in 2016
- Continued
commitment to cryptocurrency education for the Chinese-speaking community
worldwide
ChineseInvestors.com, Inc. (OTCQB: CIIX), a company focused
on providing financial information and services to the Chinese-speaking
community worldwide, will soon spin off its cannabis-related products into the
wholly owned subsidiary ChineseHempOil.com, Inc. The spinoff was originally
scheduled for May 31, 2018, but was temporarily postponed as CIIX continues to
develop domestic sales channels.
CEO Warren Wang joined Donald Baillargeon on MoneyTV to
discuss CIIX’s CBD division and share new developments and the potential that
this investment has for shareholders (http://ibn.fm/U1SXy). This new subsidiary has two offices,
one in China focused on cosmetics and CBD infusion and the other in Los
Angeles, California, selling CBD oil for Chinese consumers. In the interview,
Wang highlighted CIIX’s three divisions as being centered on hemp oil, Chinese
investors and cryptocurrency. The focus of the conversation was on the unique
opportunity in which the hemp oil division is positioned. Wang stated, “My idea
is to spin off the hemp oil division hopefully by end of the year.” The full
interview can be found at www.MoneyTV.net.
Though Wang describes CBD products and education as personal
passions, the company is too diversified to focus all of his attention in that
direction. CIIX is the first company to educate the Chinese consumer on the
benefits of CBD, starting first in the U.S. and then expanding. Whether the
conversation is around CBD, cryptocurrency or investing, CIIX remains dedicated
to providing the best education available to Chinese-speaking investors.
Earlier this year, CIIX appointed Nina Wang as vice
president of sales for U.S. consumer retail/e-commerce. Through her efforts,
ChineseHempOil.com has developed strategic relationships with over 70 retail
establishments in the Los Angeles area. Plans are in place to expand product
placement into Northern California, furthering the process to complete the
spin-off of all hemp-related assets (http://ibn.fm/qpAWQ). Wang stated in his interview with
MoneyTV that the goal for the next year, in addition to the successful
spin-off, is to increase brand awareness.
The company first started laying the groundwork to
capitalize on the growing demand for cannabidiol-based nutrition and health
products in 2016. In 2017, ChineseCBDoil.com was launched, offering the first
online CBD health product store in the Chinese language. Soon after, a ‘Yelp’
style social media application available in the Apple App Store was launched as
a database of marijuana dispensaries and cannabis strains to provide consumers
with a database of reviews and locations. The planned spinoff of such assets
will allow CIIX to focus on its new cryptocurrency division and its core
financial education division while simultaneously allowing ChineseHempOil.com
to expand within the rapidly growing cannabis industry.
CIIX is committed to cryptocurrency education for the
Chinese-speaking community. The company provides education opportunities by
broadcasting daily videos from the NYSE titled ‘Bitcoin MultiMillionaire,’
broadcasting the television program ‘Bitcoin Talk Show’ with a reach of over
500,000 Chinese people in North America, redistributing Chinese translations of
The Bad Crypto Podcast and offering cryptocurrency trading courses online in
both English and Chinese through its newly established Bitcoin Trading Academy
LLC. These are just some of the strategic ways in which CIIX has set itself
apart as the leading financial information website for Chinese-speaking
investors globally.
For more information, visit the company’s website at www.ChineseInvestors.com
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