In business for nearly two decades, ChineseInvestors.com (OTCQB: CIIX) began as a specialized investment services company providing real-time commentary, analysis and education-related services in the Chinese language. While building recurring revenues through its unique 100,000+ user base, CIIX maintained a long term vision for value-add opportunities. In 2016, the company identified one of the fastest growing markets in the world and entered the explosive new medical CBD market. Targeting the nearly two billion Chinese-speaking people worldwide, ChineseInvestors.com launched into online sales of CBD products and continued to expand its core investor education business, adding a daily video telecast on cryptocurrencies aimed at Chinese speakers.
Initially, forays into the Chinese CBD market focused on global online sales of oils through subsidiary ChineseCBDoil.com. As CIIX gained traction and established a significant footprint in the global CBD market, it then opened a huge untapped market by becoming the first and only known company to offer hemp-infused skin care products in China. The company retails its hemp oil-based cannabidiol (CBD) products on Alibaba and Amazon under the “OptHemp” brand through its wholly-owned subsidiaries, CBD Biotechnology Co. Ltd. and ChineseHempOil.com, Inc.
CIIX’s CBD endeavors have proved so successful that the company just announced plans to spin off its wholly-owned foreign enterprise, CBD Biotechnology Co. Ltd., and its wholly-owned subsidiary, ChineseHempOil.com, Inc. in order to transition the subsidiary from a private startup to a successful public company (http://nnw.fm/FNpC4). Spinning off these entities will allow CIIX to focus on its cryptocurrency division and core financial education business.
ChineseInvestor.com CEO Warren Wang, in a news release, said “We are excited to announce our intention to spin off CBD Biotechnology and ChineseHempOil.com, Inc. as we believe the existing business lines and the new acquisitions in China, secured by CEO Summer Yun, will allow these entities to continue to grow in their respective markets, while bringing new value to the company’s existing shareholders. The details about the value to the company’s existing shareholders will be announced in the coming weeks.”
CIIX has managed to incubate a high growth company and has intentions of listing the shares of the subsidiary’s common stock for trading on the OTCQB. This initiative should bode exceptionally well for existing shareholders as the realized value of the transaction becomes more apparent. CIIX will now return focus to its core financial education business and its new cryptocurrency division. With its track record of identifying and seizing upon growth opportunities, it wouldn’t be surprising to see CIIX repeat another successful spinoff.
For more information, visit the company’s website at www.ChineseInvestors.com
More from CryptoCurrencyWire
About CryptoCurrencyWire
CryptoCurrencyWire (CCW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CryptoNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CCW 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. CCW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information converge.
For more information please visit https://www.cryptocurrencywire.com
Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published: https://www.cryptocurrencywire.com/disclaimer/
CryptoCurrencyWire (CCW)
New York, New York
www.cryptocurrencywire.com
212.994.9818 Office
Editor@CryptoCurrencyWire.com
Democratic lawmakers are considering a comprehensive cryptocurrency market regulation proposal when the next U.S. Congress…
The FBI has confirmed that North Korea was responsible for stealing crypto worth over $6…
MindWave signed three network agreements spanning climate finance, sports media and insurance within 10 days.…
The crypto market is entering the final weeks of 2026 under renewed pressure, with major…
MindWave is developing an integrated infrastructure model combining digital asset treasury, validator operations, insurance innovation,…
Changpeng Zhao, Binance co-founder, has urged crypto users to tighten their account security after a…