As we progress with the process of differentiating within the cannabis theme, we are going to see new moves evolve, such as the ramp we saw on Tuesday in ChineseInvestors.com Inc (OTCMKTS:CIIX). Shares ramped over 55% higher in response to the company’s announcement of its plans to launch CBD Hemp Wine, its private brand, hemp-infused, rice wine, through its wholly-owned foreign enterprise CBD Biotechnology Co. Ltd.
According to the release, “Given the popularity of infused wine and liquor in recent years, CBD Biotech’s new hemp-infused, rice wine was developed with the hemp enthusiast in mind. Moreover, CBD Biotech believes that there are potential long-term, functional benefits of hemp and rice wine. In Bama, a Chinese village located in Guangxi Province, the famed “longevity town of China” known for having the longest living residents, the villagers claim to have discovered the secret of long life: rice wine, which they drink throughout the day, snake wine, and a soup made from hemp seeds. Bama is also one of the world’s five longevity towns in terms of distribution rate of centenarians, with a population of just over 300,000, 73 of whom are centenarians, one of the highest ratios in the world.“
ChineseInvestors.com Inc (OTCMKTS:CIIX) frames itself as a company that provides Web-based real-time financial information in Chinese language for the Chinese population in the United States and internationally.
The company offers various subscription services, including information about the US-listed companies; real-time analysis and tracking of the US stock market quotations; trend analysis of the market and individual sectors; and access to a sample investment portfolio for educational simulation relative to individual stock research, as well as real-time trading demonstrations of various trading techniques. Its subscription services also provide access to other services, including Market Hotspot Report, a report that provides current and historical performance information on active issues, as well as sectors in the US Marketplace; Intraday Market Analysis, an after close report; weekly market commentary; etc.
In addition, the company offers educational demonstrations to its subscribers on how to evaluate various investments through fundamental and technical analysis; education materials; option investment and trading subscription services; Dark Horse subscription services that focus on the US-listed small-cap stocks; and Website based advertising services.
Further, it provides free stock and research tools, as well as investor awareness and general corporate support services. The company offers its services through its Websites, as well as through customer support personnel at its telemarketing and customer service center. ChineseInvestors.com, Inc. was founded in 1999 and is based in Denver, Colorado.
Find out when CIIX stock reaches critical levels. Subscribe to OracleDispatch.com Right Now by entering your Email in the box below.
Traders will note above 130% piled on for shareholders of CIIX during the trailing month. Furthermore, the company has seen interest climb, with an increase in recent trading volume of approaching 450% beyond its prior sustained average level.
Warren Wang, Chief Executive Officer of Chineseinvestors.com, Inc., comments, “Chineseinvestors.com is currently in a rapid growth period as we recently posted our annual report for fiscal year 2018 ending on May 31, 2018. Our sales increased 41% on a year-on-year basis largely due to the significant increase in our hemp oil and alcoholic beverage products sales of which have increased by 28,859%. Given the trends and the current demands we are seeing in the marketplace, we believe this is a significant opportunity. Moving forward, CBD Biotech plans to explore a variety of hemp products, in addition to its skin-care and alcoholic beverage products. We believe the upcoming launch of CBD Hemp Wine will serve as a strong sales driver for the Company.”
Now commanding a market cap of $42.06M, CIIX has a significant war chest ($2.7M) of cash on the books, which stands against about $2.6M in total current liabilities. CIIX is pulling in trailing 12-month revenues of $2.4M. In addition, the company is seeing major top-line growth, with y/y quarterly revenues growing at 113.2%. We will update the story again soon as developments transpire. Sign-up for continuing coverage on shares of $CIIX stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!
Disclosure: we hold no position in $CIIX, either long or short, and we have not been compensated for this article.