NetworkNewsBreaks – ChineseInvestors.com Inc. (C
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ChineseInvestors.com (OTCQB: CIIX) is taking advantage of the legal hemp-based CBD market in China through increased product development and positioning its CBD Biotech Inc. subsidiary as a market leader. An article discussing the company reads, “With few competitors and plenty of room for market dominance, CIIX plans to seize opportunities in the fully legal, hemp-based CBD nutritional and cosmetic product markets in China. While cannabis is still illegal in the country, prohibitory laws do not apply to hemp-based CBD cosmetics. Unaffected by changing regulations, CIIX is able to operate in a stable environment with the freedom to focus investment on the research and development of new CBD products. The company has established a three-year development plan for CBD Biotech in mainland China and has hopes for a Nasdaq IPO in 2020.”
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