- CIIX reported nearly 76 percent revenue growth for full year fiscal 2017
- Price target of $3.75 reflects investment potential of cannabis initiatives
- Recent launch of cryptocurrency daily Chinese video newscast from NYSE first of its kind
- CBD industry is expected to grow to $2.1 million in consumer sales by 2020 with $450 million coming from hemp-based sources
ChineseInvestors.com, Inc. (OTCQB: CIIX), a leading financial information website for Chinese-speaking investors in the United States, China and Canada, continues to innovate and create exceptional value opportunities with the launch of a CBD skincare line in China and a cryptocurrency daily Chinese video newscast from the NYSE. Notably, SeeThruEquity has updated and maintained its target price of $3.75 on shares of ChineseInvestors.com, Inc.’s stock.
Among the reported highlights is the company’s revenue growth of 75.9% over 2016, with revenues dramatically increasing in both its investor relations and subscription services segments (http://cnw.fm/k5w6Y). CIIX’s business strategy of targeting the emerging cannabidiol (CBD) health products market includes bringing a new website online for its subsidiary ChineseCBDoil.com (http://cnw.fm/mRC2Z). This website offers the world’s first “CBD health products online store in the Chinese language.” At the same time, CIIX launched a Chinese language Yelp-style mobile application that contains a location-enabled database of recreational and medical marijuana dispensaries, as well as a platform to review and discuss various cannabis and CBD products.
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