- CIIX’s goal is 100% growth, cost cuts and profitability in FY2018 after recording 76% YOY operating sales jump in FY2017
- Valuation of CIIX “could explode with this huge potential market in China of 1.4 billion people,” according to investor relations director in SmallCapVoice interview
- Consilium Global Research projects CIIX sales will reach $14.8 million by FY2020
ChineseInvestors.com, Inc. (OTCQB: CIIX) is growing in numerous directions due to its diverse strategy of marketing, communications and product development both within China and to the global Chinese-speaking community. After recording YOY operating sales gains of 130% in investor relations and 57% in subscription revenue in FY2017, CEO Warren Wang said that the company’s goal is 100% more growth in FY2018 while cutting costs and achieving profitability. Overall, the company showed 76% YOY operating sales growth in FY2017. Diversity is the key to this skyrocketing growth (http://cnw.fm/Kl9Ud).
Through its subsidiary, CBD Biotechnology Co. Ltd., CIIX is marketing, to the 1.4 billion people of China, its CBD-infused skin care line through multiple-channels, including retail, social media and direct marketing, Alan Klitenic, director of investor relations for CIIX, told SmallCapVoice.com in an interview (http://cnw.fm/J5OHp).
CIIX has a goal of becoming the primary Chinese publicly traded company in the medical cannabis industry. Its focus is on distributing legalized cannabidiol (CBD) to the worldwide Chinese-speaking community. Consilium Global Research projects that CIIX sales will reach $14.8 million by FY2020 (http://cnw.fm/56NbO). The Hemp Business Journal estimates that the CBD market will reach $2.1 billion in consumer sales by FY2020, showing a compound annual growth rate (CAGR) of 80%, per Consilium Global Research.
Klitenic added that CIIX’s two divisions exhibited double- and triple-digit growth in FY2017. As it markets its line of hemp oil-infused skin care products, he said, the firm will target a large audience in China and the U.S. “We will also be selling through ecommerce on eBay and Amazon,” he said. “Our goal is to maximize revenues and shareholder value.”
He explained that by marketing the regulatory agency-approved CBD-infused skin care line in China, “Our valuation could explode with this huge potential market.” Klitenic said that the company is ready to make sales in China and spend dollars to be promotional and build its brand. Cannabis is known to have anti-inflammatory and antioxidant properties. The products have fatty acids in their hemp seed oil that improve skin complexion and maintain the skin’s moisture, according to company data.
Klitenic also noted that, this month, CIIX is planning to start broadcasting from the NYSE to its Chinese-speaking audience, offering information and video news about cryptocurrencies. “We are only an educational and news provider,” he said, aiming to answer the many questions it receives. “We recently acquired the domain name, newcoin168.com, to begin offering this video news service.”
For more information, visit the company’s website at www.ChineseInvestors.com
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