ChineseInvestors.com, Inc. (CIIX) Taps Traditional Chinese Medicine Market with CBD
No one should have been astonished at the discovery, reported by NPR (http://nnw.fm/WboK6
), of a ‘trove of cannabis plants found in (an) ancient tomb in China’. China represents a past civilization that has sprung many surprises over the centuries, and has given us some of our greatest inventions, including the compass, gunpowder, papermaking, and printing.
On par with these innovations has been Traditional Chinese Medicine (TCM), which has relied, in part, on herbal remedies (tui na). The use of plant derivatives to alleviate maladies is as natural to the Chinese as drinking tea, which itself is thought to promote dental health due to a richness of fluoride in some strains, with anti-bacterial and anti-viral properties in others, and is a good source of Vitamin A in still others. Two millennia ago, a ‘tea’ made from hemp was consumed for medical purposes. Now ChineseInvestors.com, Inc. (OTCQB: CIIX) is going back to those roots. The company aims to be ‘the premier provider of cannabidiol (CBD) oil to the Chinese population in mainland China’.
CBD oil is a compound extracted from the cannabis plant. However, plants bred and grown for their high tetrahydrocannabinol (THC) content are commonly referred to as marijuana. THC is psychoactive and is responsible for the ‘high’ that marijuana use provides. Other cannabis plants contain only trace amounts of THC but have high concentrations of CBD, which is the second most common cannabinoid of the 85 or so found in cannabis. Unlike THC, CBD is non-psychotropic. Plants with a preponderance of CBD are called hemp.
Hemp oil is rich in protein, polyunsaturated fatty acids, omega 6, omega 3 and insoluble fiber. It is a good source of tocopherols or Vitamin E antioxidants and is packed with minerals such as potassium, magnesium, iron, zinc, calcium, and phosphorus, as well as microelements like strontium, thorium, arsenic and chromium. Hemp oil is thought to increase immunity, counteract aging skin and improve cardiovascular health. Several studies show that the linoleic acid present in hemp oil can slow down the aging process and fight psoriasis.
There have been encouraging reports (http://nnw.fm/vFSq6
) of CBD helping epileptics, and Citizens United for Research in Epilepsy (CURE) has called for more study (http://nnw.fm/0WGdo
) into the use of CBD to treat epilepsy.
Unlike their western counterparts, Chinese companies have a long history of researching and developing cannabis products. Data published by the World Intellectual Property Organization (WIPO) indicate that Chinese firms account for about half of the filings for patents on cannabis products.
Late last month, CIIX announced it was launching the world’s first CBD health products online store in the Chinese language under the domain name www.ChineseCBDoil.com
. The company will use the site to sell CBD oil products to customers in the Chinese mainland, where hemp oil-derived products are legal, and to Chinese speakers in the U.S. and Canada.
At present, the competitive landscape is clear, with virtually no rivals, and CIIX has signed an agreement with a San Diego producer to white label and distribute a number of CBD products, which, since they are not THC based, are legal in all 50 U.S. states, as well as in China.
The prospects for success are excellent. Founder and CEO of CIIX, Warren Wang, recently cited an industry study as he announced an alliance with a Chinese private equity firm to raise capital for investment in medical and recreational marijuana ventures:
“According to The CBD Report published by The Hemp Business Journal, cannabidiol is one of the fastest growing market categories in the U.S. hemp and legal marijuana industries. In 2015, the CBD industry grew from a nearly invisible market… to $202 million in consumer sales, and it is further expected to grow to $2.1 billion in consumer sales by 2020. We are very excited that CIIX is launching the world’s first CBD online store focused on providing CBD health products for Chinese-speaking customers and making it possible for them to order various types of CBD products through www.chinesecbdoil.com
Traditional Chinese medicine is about to experience a renaissance.
For more information, visit the company’s website at www.ChineseInvestors.com