Chinese Investors.com, Inc. (CIIX-OTCQB), headquartered in San Gabriel, CA and traded publicly in the U.S. since 2012, is undergoing a major transformation. CIIX is entering the cannabidiol (CBD) based nutrition and health product marketplace, by establishing a new corporate entity called XiBiDi Biotechnology Co. LTD.
XiBiDi, which sounds similar to CBD when pronounced (a homophonic) in English, has been established in the Pudong free-trade area of Shanghai. A location that puts it within market reach of more than 1.4 billion potential customers. XiBiDi has plans to sell more than CBD oils, it also has plans to sell hemp-based food and beverages.
CIIX and XiBiDi recently launched an online store, www.chineseCBDoil.com, focused on Chinese speaking consumers worldwide. The company claims that its “intimate knowledge and penetration of the native Chinese speaker in the U.S. and abroad, makes for an enormous and niche opportunity.”
Extending this vision even further, CIIX has also launched the world’s first Chinese language iOS app. The app, already approved for download by the Apple Store, is a “Yelp” style database of marijuana dispensaries and strains.
What’s next for CIIX?
A retail store actually. CIIX plans to open a hemp based retail store in San Gabriel, CA. The company plans to import hemp-based products from China and export hemp food and beverages in to the United States, Canada and Europe. Wow, that’s quite a niche market!
How Big is the CBD Market?
The CBD market has grown from obscurity to an estimated $200+ million in consumer sales in 2015. By 2020, the CBD market alone is expected to exceed $2.1 billion – a CAGR of nearly 80%!