NetworkNewsBreaks – ChineseInvestors.com Inc.’
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Posted On: 01/23/2020 3:18:59 PM
NetworkNewsBreaks – ChineseInvestors.com Inc.’s (CIIX) CBD Biotech Subsidiary Drives Company Growth
ChineseInvestors.com (OTCQB: CIIX) CEO Warren Wang recently discussed the company’s growth potential and the vital role of its CBD Biotech subsidiary during an interview on MoneyTV with Donald Baillargeon (http://nnw.fm/7qAfC). An article discussing the company reads, “[Wang] cited the high gross margins of CBD cosmetics for the company and said the firm would work to bring more of that profitability down to the bottom line through lower costs and restructuring. CIIX offers a variety of products in its line, ranging from hemp wine to CBD-infused cosmetics. . . . ‘We can achieve in cosmetic products a 10X to 20X profit margin. That’s quite a big profit,’ Wang said in the interview. ‘Our goal is to make the company healthier by stabilizing it and making it not as reliant on the street for financing.’”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
ChineseInvestors.com (OTCQB: CIIX) CEO Warren Wang recently discussed the company’s growth potential and the vital role of its CBD Biotech subsidiary during an interview on MoneyTV with Donald Baillargeon (http://nnw.fm/7qAfC). An article discussing the company reads, “[Wang] cited the high gross margins of CBD cosmetics for the company and said the firm would work to bring more of that profitability down to the bottom line through lower costs and restructuring. CIIX offers a variety of products in its line, ranging from hemp wine to CBD-infused cosmetics. . . . ‘We can achieve in cosmetic products a 10X to 20X profit margin. That’s quite a big profit,’ Wang said in the interview. ‘Our goal is to make the company healthier by stabilizing it and making it not as reliant on the street for financing.’”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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