ChineseInvestors.com Announces Launch of the World's First Cannabis Industry and Research Subscription Service in the Chinese Language
NEW YORK, November 1, 2016 /PRNewswire/ --
ChineseInvestors.com, Inc. (OTCQB: CIIX) ("CIIX" or the "Company"), the premier financial information website for Chinese-speaking investors in both the U.S. and China, announces today that it will launch the world's first Chinese-language subscriber-only information service specifically focused on emerging growth companies in the Cannabis sector. The new service's mission is to locate and identify select equities with the greatest potential for capital appreciation. The content of this service will cover the medical and recreational cannabis markets, the latest trends and technologies in the industry, and any investment opportunities in either private or publicly traded cannabis companies. The subscription service is expected to be launched after January 1st, 2017.
Warren Wang, founder and CEO of CIIX, commented: "November 8th is not only a politically important day for United States, but also a crucial day for the cannabis industry, as many states, including California, will hold referendums on whether or not to legalize recreational and medical marijuana, and 30% of the US population in nine states will participate in the vote. According to a report by New Frontier and ArcView Market Research, the regulated cannabis market in the United States is projected to reach more than $7 billion this year. That represents 26% growth over the previous year, driven largely by adult recreational sales of marijuana. Regulated adult recreational marijuana sales topped $998 million in 2015 compared to $351 million in 2014 - growing 184% year-over-year. America's 2015 marijuana sales were higher than those of Dasani Water, Oreos and Girl Scout cookies."
Mr. Wang further remarked: "Compared to our peers, ChineseInvestors.com has a clear lead in early research of the cannabis industry. Our investment in MDCL has already increased more than 400% in value this year. We believe that our broad networking circle and professional research methods will provide our Chinese-speaking subscribers with unique opportunities to research cannabis companies. Although some investors among Chinese communities still have bias against cultivation and sales of cannabis, we must also acknowledge the existence of huge potential business opportunities within this sector, and we are starting to see valuations in the cannabis industry gradually becoming more reasonable after reaching their peak in 2014."
As with the solar energy industry and 3D printer industry years ago, such emerging markets like the Cannabis space contain lots of potential. Wall Street researchers commonly conduct analysis starting from broad sectors down to individual stocks, and this top-down approach is exactly the best method this new service provides for Chinese investors in US equities. Chinese-speaking investors who want to subscribe to this service in advance can visit http://www.chinesefn.com or call 1-800-958-8561.
About ChineseInvestors.com (OTCQB: CIIX:
ChineseInvestors.com, Inc. ('CIIX'), founded in 1999 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) support services to our various partners, (c) consultative services to smaller private companies considering becoming a public company, (d) advertising and public relation related support services, and (e) other services we may identify having the potential to create value or partnership opportunity with our existing services.
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Chineseinvestors.com Inc.
14 Wall Street 20th Floor
New York, NY 10005
Office Tel: +1-(800)-958-8561.
SOURCE ChineseInvestors.com, Inc
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