Premier financial news and education provider ChineseInvestors.com Inc. (OTCQB: CIIX) this morning
announced that its subsidiary, CBD Biotech Inc., has launched six new products
in conjunction with its long-term strategic plans to expand its presence in the
hemp/CBD skincare market. Per the update, the new products have been well received
based on initial consumer reviews. “With the launch of these new hemp-infused
skincare products, CBD Biotech is increasing its brand awareness and gaining
customer loyalty. We expect to continue this momentum with the anticipated
launch of three additional skincare products before the end of 2019,” Alex
Hamilton, CFO of CBD Biotech, stated in the news release. “As a first mover in
the CBD skincare industry in China, we are encouraged by U.S. market trends in
the last year, which we believe strengthens the overall acceptance of CBD,
including the passage of the 2018 Farm Bill which authorizes the sale of many
CBD products, including skin-care and cosmetic products, and the recently
announced acquisition of Lord Jones (private) by Cronos Group (NASDAQ: CRON)
for $300 million. We believe we are moving in the right direction, in the right
markets.”
To view the full press release, visit http://ibn.fm/0uDHS
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 relations-related support services;
and (c) sales of industrial hemp products and other health and wellness
products. For more information, visit the company’s website at www.ChineseInvestors.com
NOTE TO INVESTORS: The latest news and updates
relating to CIIX are available in the company’s newsroom at http://ibn.fm/CIIX
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