ChineseInvestors.com, Inc. (OTCQB: CIIX), which recently took part in SeeThruEquity’s 6th Annual Microcap Investor Conference in early June, offers educational consulting services for Chinese investors and is also pursuing opportunities in the cannabis market. SeeThruEquity recently increased the price target on CIIX to $3.75 from $2.05, and predicted that revenues from the company’s hemp business could reach 8-digit sales by 2020.
“The goal of the company is to be a leading publicly-traded company within the nutritional industry. In addition to its online store based in the free trade zone of Shanghai, China, CIIX is building its first retail store in San Gabriel, California. There, it will sell primarily hemp oil-based products. The company is based in San Gabriel, California. … SeeThruEquity (http://nnw.fm/WRzu9) increased the price target on CIIX based on the potential for the company’s legal cannabis initiatives. These include CIIX’s early stage efforts to penetrate the market and the research company’s belief that CIIX can capitalize on its approach to broad cannabis industry growth.”
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