- In MoneyTV interview, Warren Wang, CEO of CIIX, stated that CBD division has started selling in China and California, planning expansion to more U.S. states and globally to Canada and Japan
- CIIX begins two tier referral sales program of CBD in China, offering consumers a cash commission based on referred sales and an added incentive with company stock
- Citing CV Sciences, Inc. valuation, Wang projects that CIIX’s CBD subsidiary’s market cap could reach $10-20 million; he hopes it will qualify for a future OTC or Nasdaq listing
ChineseInvestors.com, Inc. (OTCQB: CIIX) subsidiary ChineseHempOil.com, Inc. is planning to expand its operations to more states in the U.S., as well as Vancouver and Toronto in Canada and Asian markets such as Japan, CEO Warren Wang said in an interview on MoneyTV with Donald Baillargeon(http://nnw.fm/D2Jht). It is already selling in China and Los Angeles, California.
Wang hopes that CIIX will spin off its CBD subsidiary, ChineseHempOil.com, Inc., by year-end. “I cannot promise anything,” he noted in the interview. “But we are looking for a listing on the OTC or a national listing on the Nasdaq Exchange within 12 months.” CIIX’s CBD division includes…
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