ChineseInvestors.com (OTCQB: CIIX), developer of a proprietary financial news media and content platform providing information to the global Chinese-speaking community, recently announced the execution of a letter of intent (“LOI”) to acquire exclusive rights to all sales channels for the VitaMist product line in Asian markets domestically and internationally. A recent article further discussing the company’s deal reads, “ChineseInvestors.com, Inc.’s (OTCQB: CIIX) LOI with BCDBG, Inc. for the global Asian community sales rights to organic VitaMist is not only expected to expand its consumer division; it also calls for development of an exclusive line giving CIIX vitamin spray as well as a vitamin/CBD spray technology. The result would be the growth of CBD products internationally for CIIX (http://cnw.fm/Uro35). … The timing of the LOI is seen as critical, CIIX said, because industry leaders believe that the final farm bill, and its provisions for the legalization of industrial hemp at the federal level, could be reached by the end of this year. In anticipation of the proposed agreement, as outlined in the LOI, CIIX has placed initial orders with BCDBG for VistaMist products.”
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About ChineseInvestors.com
Founded in 1999, ChineseInvestors.com 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) advertising and public relation related support services; and (c) retail, online and direct sales of hemp-based products and other health related products. For more information, visit the company’s website at www.ChineseInvestors.com.
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