NetworkNewsBreaks – ChineseInvestors.com Inc. (C
Post# of 346
In a recent letter to shareholders, ChineseInvestors.com (OTCQB: CIIX) CEO Warren Wang reported the company’s plans to continue to expand and market its industrial hemp-infused/CBD products in 2020 (http://nnw.fm/4Xbb8). An article discussing the company reads, “In the letter, Wang said that CIIX plans to launch a hemp-infused, wrinkle-cream cosmetic in China in the near future. He emphasized that the focus of the company’s efforts in industrial hemp/CBD would be in China through its subsidiary CBD Biotech Co. Ltd. CIIX has supported its industrial hemp/CBD product lines in China evidenced by new product launches and initiatives taken to expand geographically in the Asian market (http://nnw.fm/Cc2Mi). . . . ‘As product margins seem to be healthier in this market, the company’s main focus for its industrial hemp business in FY 2020 will be on its China operations where we have a robust product development pipeline,’ said Wang. The CIIX executive also noted that in China, industrial-hemp extract may be added to cosmetics, thus opening a potential market of nearly 1.4 billion people to the company.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer