- 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…
More from NetworkNewsWire
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
For more information, please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com