- CIIX CEO said company will employ social media as it markets new CBD products starting March 2020
- CIIX subsidiary CBD Biotech Co. focused on driving growth, building online sales to younger demographics in China
- Goals of CIIX strategy include profitability, expansion of market, maximized impact
ChineseInvestors.com Inc. (OTCQB: CIIX) CEO Warren Wang said the company will adopt social media multiplatform techniques to market new CBD products beginning in March 2020. The move is designed to boost online sales to a younger demographic in China through its subsidiary CBD Biotech, explained Wang during a MoneyTV interview with host Donald Baillargeon. In the interview, Wang also outlined the company’s path to profitability in fiscal 2020 and 2021.
“CBD Biotech’s goal in 2020 is to make a profit,” Wang stated in the interview. “That is the key of the stock market. That’s the key for our stock price. That’s the key for our shareholders. CIIX plans to launch a breakthrough CBD product in March. It will debut through its B2B partners through social media, such as TikTok, and…
NOTE TO INVESTORS: The latest news and updates relating to CIIX are available in the company’s newsroom at http://cnw.fm/CIIX
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