ChineseInvestors.com (OTCQB: CIIX) has launched a new website for its ChineseCBDoil.com subsidiary, through which CIIX is expanding into the medical marijuana industry. The site is an online retailer of hemp oil and related products, which are legal to sell and distribute within China as well as in the United States. “Our expertise in online communications with our background in media, technology, and journalism, via our http://www.Chinesefn.com website will further enhance our success,” CEO Warren Wang stated in the news release. “Our core business, the online distribution of news to the Chinese speaking population about financial markets and stocks has been a very solid and consistently robust business for our shareholders. Now as we expand into online retailing and distribution of CBD oils to the Chinese speaking population with a focus on hemp and medicinal needs via consumer products. This will create a much needed and growing niche for us to enter. Indeed, we believe we are the first public company to enter this market in China.” Separately, CIIX announced the availability of an interview with Smallcapvoice.com, in which Alan Klintenic, director of CIIX’s investor relations, discusses the company’s business strategy and outlook as it enters into the cannabis industry.
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