ChineseInvestors.com, Inc. (CIIX) to Spin Off CBD Biotechnology Co. and ChineseHempOil.com, Inc. to Focus on its Cryptocurrency Division and Core Financial Education Business
CIIX board has agreed, by the end of February 2018, to spin off its consumer products division in the U.S. and China, including its hemp oil assets and its new wholesale alcohol distribution division CIIX plans to register ChineseHempOil.com, Inc. as a separate publicly-traded company to be listed on the OTCQB Warren Wang, CEO of CIIX, said that the move will allow these businesses to grow in their respective markets ChineseInvestors.com, Inc. (OTCQB: CIIX) is spinning off its wholly-owned foreign entity, CBD Biotechnology Co., Ltd., and its wholly-owned subsidiary, ChineseHempOil.com, Inc., to allow itself to focus on its new cryptocurrency…