ChineseInvestors.com, Inc. (OTCQB: CIIX), the premier
financial information website for Chinese-speaking investors, this morning
announced its financial results for fiscal year 2018, as well as its outlook
for fiscal year 2019 as the company continues its operations through both
financial services and consumer products business segments. Per the update, the
company’s gross operating revenues for the fiscal year ended May 31, 2018, were
up 41 percent year-over-year, an increase that CIIX attributed to consumer
product sales through its ChineseHempOil.com Inc. and CBD Biotechnology Co.,
Ltd. subsidiaries. “We have seen significant growth in revenue in the fiscal
year ended May 31, 2018, which was largely attributed to our Company’s consumer
product lines and our strategic focus on CBD hemp sales in China and within the
Chinese community,” Warren Wang, CEO of CIIX, stated in the news release.
“Looking forward, with our consumer products segment posting strong revenues
and the regulatory climate appearing to lean in favor of legalizing hemp as an
agricultural commodity, we intend to continue to expand our consumer division
by dedicating more resources to marketing hemp-based CBD products both
domestically and in China.”
To view the full press release, visit http://ibn.fm/WFC5P
About ChineseInvestors.com
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 relation related support services;
and (c) retail and online sales of hemp-based products and other health related
products. For more information, visit the company’s website at www.ChineseInvestors.com
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