Premier financial news and education provider ChineseInvestors.com Inc. (OTCQB: CIIX) this morning announced that its subsidiary, CBD Biotech Inc., has launched six new products in conjunction with its long-term strategic plans to expand its presence in the hemp/CBD skincare market. Per the update, the new products have been well received based on initial consumer reviews. “With the launch of these new hemp-infused skincare products, CBD Biotech is increasing its brand awareness and gaining customer loyalty. We expect to continue this momentum with the anticipated launch of three additional skincare products before the end of 2019,” Alex Hamilton, CFO of CBD Biotech, stated in the news release. “As a first mover in the CBD skincare industry in China, we are encouraged by U.S. market trends in the last year, which we believe strengthens the overall acceptance of CBD, including the passage of the 2018 Farm Bill which authorizes the sale of many CBD products, including skin-care and cosmetic products, and the recently announced acquisition of Lord Jones (private) by Cronos Group (NASDAQ: CRON) for $300 million. We believe we are moving in the right direction, in the right markets.”
To view the full press release, visit http://ibn.fm/0uDHS
Founded in 1999, ChineseInvestors.com endeavors to be an innovative company providing: (a) real-time market commentary, analysis and educational-related services in Chinese language character sets (traditional and simplified); (b) advertising and public relations-related support services; and (c) sales of industrial hemp products and other health and wellness products. For more information, visit the company’s website at www.ChineseInvestors.com
NOTE TO INVESTORS: The latest news and updates relating to CIIX are available in the company’s newsroom at http://ibn.fm/CIIX
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