New York, New York (NetworkNewsWire) – The cannabidiol market is
large and diverse; just a few years ago, it was rather small but by
2015, consumer sales had reached $202 million, according to the CBD
Report published by The Hemp Business Journal. Cannabidiol sales
are expected to grow to over $2 billion by 2020. The dollar amounts
and projections may seem impressive, but they don’t tell the full
story, as market demand is being fueled by an increasing number of
applications. Medicinal marijuana is used to treat pain and
inflammation, nausea, anxiety and diseases such as epilepsy and
glaucoma. The medical community has also explored its
cardiovascular health benefits and potential to reduce the
incidence of diabetes, help people with Alzheimer’s disease and
treat cancer. ChineseInvestors.com, Inc. (CIIX)
(CIIX
Profile) has added cannabis-based skincare
products to the mix, as well as a Yelp-style app where products can
be reviewed and discussed. It’s joined in the space by companies
such as CV Sciences, Inc. (CVSI), Medical
Marijuana, Inc. (MJNA), Terra Tech Corp.
(TRTC) and MassRoots, Inc. (MSRT).
ChineseInvestors.com, Inc. (CIIX) is staking
its position in the market with several product lines, including
hemp-infused skin care products. Cannabis is known to have
anti-inflammatory and antioxidant properties. The company noted the
benefits in this area in an August 2017 press release (http://nnw.fm/z9WPp). They include improvements to
skin complexion, thanks to the omega-3 and omega-6 fatty acids
present in hemp seed oil. The fatty acids help keep skin moist and
stimulate collagen production, helping skin to become firmer. In
fact, the human endocannabinoid system includes cannabinoid
receptors in the skin.
A recent press release (http://nnw.fm/Tb3Bi) highlights the scope of the
company’s hemp-infused product line. CIIX’s wholly owned
enterprise, CBD Biotechnology Co. Ltd., has completed the record
filing process with the China FDA for the CBD Magic Hemp Series, a
line of skin moisturizer, primer and peptide collagen solutions.
These cannabidiol-infused products employ the antioxidant and
anti-inflammatory benefits of CBD. The ability to sell these
products is good news for investors.
Alan Klitenic, Director of Investor Relations for CIIX, was
recently featured in an interview with SmallCapVoice.com (http://nnw.fm/flQB8) to discuss CIIX’s hemp-infused
skin care line, as well as other company achievements.
“…We have manufactured this product: CBD Infused skin care
products line with a design patent. This is a real milestone for us
at ChineseInvestors.com. We are going to spend money and promote
our CBD Hemp Oil and CBD infused skin care products in China going
forward from now and thru 2018." He also noted that the company is
ready to start building distribution channels and begin retail
sales, online commerce, social media, and direct marketing
initiatives to maximize revenue and the value for shareholders.
Fully aware of the demand for medical cannabis, CIIX has worked
to improve the user experience as well. It has developed an
investing process, known as the ChineseInvestors Method, and
introduced various web-based tools to disseminate market
information to investors. That puts investors on the front lines of
China’s $30 billion per year skin care product industry.
The company also developed and launched a Chinese-language
social media app, approved for download via the Apple App Store. It
enables users to view, discuss, and write reviews on cannabis
strains and marijuana dispensaries. People can use the
application’s maps to find retailers, view business summary reports
and see product recommendations. Social media isn’t CIIX’s only
strategy, as a recent partnership with the digital agency Launch
Haus LLC has spawned a marketing campaign aimed at expanding CIIX’s
direct-to-consumer e-commerce business. It also appointed Keevin
Gillespie as acting president of ChineseHelpOil.com, Inc., a
wholly-owned subsidiary of CIIX, to brand and promote the OptHemp
health product line.
As active as the company has been in the cannabis space, it is
not the only mover in a fast-growing and diversifying market.
Another company with a diverse product line is CV
Sciences (CVSI). Its pipeline consists of CVSI-007, a
smokeless tobacco cessation product. The drug candidate comes in
the form of a chewing gum, which contains nicotine and synthetic
CBD. Consumer products already on the market include PlusCBD Oil, a
dietary supplement sold in capsules, sprays, balms, drops,
concentrates and vape liquid in nearly 1,000 retail locations. Vape
blends are sold via CVSI’s Purified Liquids store, while
cannabinoids are sold wholesale to serve the growing CBD wellness
market. The company recently presented at the Natural Products Expo
East 2017, in Baltimore, Maryland, and the MJAC2017 InvestorsHub
International Cannabis Conference in Los Angeles, California.
The international cannabis market is also experiencing
considerable growth, and Medical Marijuana (MJNA)
distinguishes itself as the first publicly traded cannabis company
in the U.S. and the first to introduce legal medical cannabis in
Brazil. Its e-commerce store sells numerous brands and categories
of CBD oil, including capsules, isolates, chewing gum, vape oil,
vaporizer pens and body lotions and creams. In addition to pen-type
vaporizers, the company also sells portable and tabletop units, as
well as an electric dabbing system for vaporizing medical
concentrates. All products are sold as dietary supplements rather
than medical marijuana, so they can be purchased legally without
doctor recommendations.
Terra Tech (TRTC) supplies the medical cannabis
market via brands such as IVXX™, a cultivator and producer of
different concentrates and other products, and Edible Garden®,
which uses Dutch hydroponic farming methods to produce Global Food
Safety Initiative-certified products, including a wide range of
herbs and leafy greens. The company therefore serves the food
industry as well, but it also specializes in high-grade medical
cannabis that is produced at its Blüm™ facility. In addition, Terra
Tech’s MediFarm division manages the permit application and
procurement process for marijuana cultivators, while GrowOp
Technology designs and manufactures horticultural equipment and
automation/control software.
MassRoots (MSRT) offers an extremely diverse
product line via its online catalog. Searchable by plant type,
flavors, effects, health conditions, and manufacturer, it gives
customers one of the most simple and comprehensive sources of
edibles, lotions, drops and more. The company’s website has an
educational article section plus a news page with frequent updates.
Another resource featured on the site is a local dispensary search
function, but the company also serves other businesses, providing a
connection with point-of-sale systems that enable retailers to
display their inventory in real time and provide customers with
simple online ordering.
Cannabis companies are serving a fast-growing and diversifying
market by various means. The skincare and healthcare products and
social app from ChineseInvestors.com, Inc. (CIIX) are prime
examples. The products and services of the companies discussed
above have become relevant in the current business climate and show
potential to keep pace with broader industry growth.
For more on ChineseInvestors.com please visit: ChineseInvestors.com, Inc. (CIIX)
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