NetworkNewsBreaks –, Inc. (CIIX) To Capitalize on Growing Demand for CBD-based Health Products

April 2, 2018 13:43:16

Market analysis company (OTCQB: CIIX) recently announced its plan to spinoff all hemp-related assets into a single private company. CBD Biotechnology Co. Ltd.,, Inc. and Hemp Logic Inc. will comprise the new company. An article discussing the company’s plan reads: “The subsidiaries are well positioned to achieve significant growth. This spinoff is part of the groundwork to capitalize on the growing demand for CBD-based nutrition and health products in the U.S. and China. In January, these subsidiaries made a combined $100,000. The progress of the newly formed company will be overseen by CIIX, but the spinoff of CBD-focused assets will allow CIIX to focus on core financial services, including cryptocurrency and blockchain technology.”

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