- 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://cnw.fm/Dqf2Q). 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://cnw.fm/pDbT8). 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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