A specialist in the industrial commodities and corporate consulting services sector, CD International Enterprises, Inc. (OTC: CDII) now has access to a global market representing more than two billion prospective customers. The company has been expanding into the cannabidiol (CBD) market and recently launched a wholly-owned subsidiary and online store. Targeting Chinese-speaking communities in the U.S. and around the world, it has also been reaching into the mobile web with the ongoing development of an app to distribute CBD products through mobile devices.
The company launched its online store (http://greencbdproducts.com/cbd) this year, as well as its Green Products Distribution, Inc. subsidiary. These initiatives represent a major component of CD International’s expansion plans. As the online store reaches full functionality, products will be added to the catalog, where a secure online ordering system will enable customers to purchase the highest quality CBD oil and other products.
A contract with an online marketing firm is expected to help expand the reach of the store and its product line. On the sourcing front, the company is planning several distribution agreements with U.S. firms, in addition to its plans to work with pharmaceutical and Chinese Medicine retailers in China. Also, a recent agreement signed with GWR Distributors now means access to wholesale-priced CBD capsules, concentrates, edibles, oils, syrups, and more. This boosts the potential of the online store now in development.
The store will sell over 200 different flavored CBD hemp oils. Vape additives will be available as well. Not psychoactive like tetrahydrocannabinol (THC), CBD has been shown to benefit people with numerous diseases. In clinical studies, it has been found to be effective as a treatment for epilepsy, anxiety, inflammation, neurodegenerative diseases, and autoimmune diseases and to be a powerful antioxidant. The products sourced in the U.S. are produced to high quality standards and are in compliance with ISO 6 clean room standards. The process used yields 99 percent pure CBD isolate.
Reaching $202 million by 2015, the global cannabidiol market represents the fastest growing segment of the marijuana industry, according to a Consilium Global Research report (http://dtn.fm/ZXh2t). It is expected to reach $2.1 billion in consumer sales by 2020. Given the fluidity of U.S. and international law related to medical marijuana, CD International continues to look for new market opportunities amongst the Chinese-speaking population in the United States and abroad. Its global experience with sourcing/selling iron ore, manganese ore, and scrap metals and providing financing and logistics services positions the company to move forward in the CBD market.
“It is an exciting time to source and market CBD-based products. Around the world, the Chinese population remains health conscious, and the health benefits of CBD oils and other products mean these high-quality commodities are in high demand. We’re proud to source our products in the U.S. and have the capacity to distribute them to anywhere in the world,” Dr. James Wang, chairman and CEO of CD International Enterprises, stated in a news release.
Learn more about the Company, its subsidiary, mineral trading and consulting divisions, and growing online CBD products store by going to http://www.cdii.net.
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