A SeeThruEquity report released in February revealed that ChineseInvestors.com, Inc. (OTCQB: CIIX), a specialized investment services company targeting primarily the Chinese-speaking population in the U.S., has made several investments in the global cannabis industry, increasing its growth potential. Still in the early stages of market penetration, the company cited significant potential in its legal cannabis initiatives. Catalysts for potential future growth include a current stake in Medicine Man Technologies, Inc. (OTCQB: MDCL), a business with cultivation, production, and dispensary operations, which has already generated proceeds from stock sales.
The company’s recent achievements include completing a $5 million private placement of Series C-2016 convertible preferred stock, per a CannabisNewsWire release (http://nnw.fm/3tUzV). Revenue growth was reported for three consecutive quarters as the company was preparing to expand sales in the United States and China through a new website. Revenues were significantly higher over three- and six-month periods ended November 30, 2016, as operating revenues increased by 133% and 121% over those respective time frames. Long term plans include opening physical retail stores in the United States and elsewhere around the globe.
In January, the company launched its cannabidiol (CBD) health products store online, noted as the first of its kind in the Chinese language. The website www.ChineseCBDoil.com sells CBD-containing nutritional supplements and provides a portal for retail destinations to sell products in-store. Extracted from cannabis, CBD oil is non-toxic and non-addictive and is being increasingly accepted for its medicinal properties. Potential has been seen in the treatment of conditions such as anxiety and stress, epilepsy, Alzheimer’s disease, and cirrhosis of the liver. In addition, the company plans to launch a mobile app for locating cannabis dispensaries and discussing related products in the U.S. This follows a December 2016 announcement (http://nnw.fm/0LINr) that it had formed an alliance with Shenzhen Yuanrong PE Capital, a private equity firm, to pursue medical/recreational cannabis business opportunities.
SeeThruEquity sees ChineseInvestors.com, Inc. as a high-risk/high-reward investment opportunity, with potential for further growth if there is renewed traction with its investor relations services businesses. The company reported revenue had reached $510,944 in the second quarter of fiscal year 2017, an increase from the August quarter revenue of $341,324. Also, it reported $1.4 million in assets and $636,345 in available cash during the first two quarters of fiscal 2017.
ChineseInvestors.com, Inc. was founded in 1999, in Colorado, to serve the U.S. Chinese-speaking population with stock market data and investment information. It is led by CEO Warren Wang, who was born in Shanghai, China, and has over 15 years of experience in the financial markets industry. He has worked in management, sales, project management, marketing, and accounting. Quoqi Deng is the company’s CFO and previously worked with the Shenyang Technological Development Zone for 12 years, introducing billions in overseas capital to fund a major construction project in China. The company aims to inform individual investors so they can make financial decisions and achieve their goals. It uses an investment method that integrates support, web-based tools, a disciplined investing process, and personalized instructions to foster self-direction and life-long learning among investors.
For more information, visit the company’s website at www.ChineseInvestors.com
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