ChineseInvestors.com Inc. (CIIX) Reports Impressive 81% Revenue Gain Driven by Significant Rise in Hemp, CBD Sales

April 30, 2019 12:15:19
  • CIIX reported $1,444,822 in revenues for the third quarter of fiscal 2019, marking an 81 percent increase from the same quarter of the previous year
  • The company’s hemp and CBD consumer product sales grew to $1,061,318 in the third quarter of fiscal 2019
  • CIIX CEO projects a “fruitful” performance in the coming year

ChineseInvestors.com Inc. (OTCQB: CIIX) reported sharp sales gains for the three months ended February 28, 2019. The quarterly gains reached 81 percent, totaling $1,444,822, as compared to $796,304 for the previous year. CIIX CEO Warren Wang attributed a large part of the impressive growth to a major increase in industrial hemp and CBD product sales during the period; sales for that segment reached $1,061,318 in the third quarter of fiscal 2019, marking a huge jump from $183,185 during the same period of the previous year (http://nnw.fm/e1m0H).

That wasn’t the only good news for CIIX. Subscription revenues for the company also rose by six percent for the quarter, landing at $229,220, as compared to $214,506 in the previous year during…

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