ChineseInvestors.com, Inc. (OTCQB: CIIX) participated in SeeThruEquity’s 6th Annual Microcap Investor Conference on June 1, 2017, in New York. That conference gives investors the exclusive opportunity to discover publicly traded companies with market capitalization of less than $1 billion.
CIIX offers educational consulting services for Chinese investors. Most recently, it has been pursuing opportunities in the cannabis market. The goal of the company is to be a leading publicly-traded company within the nutritional industry. In addition to its online store based in the free trade zone of Shanghai, China, CIIX is building its first retail store in San Gabriel, California. There, it will sell primarily hemp oil-based products. The company is based in San Gabriel, California.
“SeeThruEquity gave CIIX a price target of $2.05 one year ago,” Warren Wang, founder and CEO of CIIX, noted in a news release. “Recently, the firm increased CIIX’s price target to $3.75, reflecting huge growth potential based on our legal medical cannabis initiatives. In addition, SeeThruEquity also gave CIIX a forecast for revenue from its hemp business projecting the revenue could grow from $0.7 million in FY2017 to reach 8-digit sales by FY2020E, with continued growth thereafter.”
SeeThruEquity (http://nnw.fm/WRzu9) increased the price target on CIIX based on the potential for the company’s legal cannabis initiatives. These include CIIX’s early stage efforts to penetrate the market and the research company’s belief that CIIX can capitalize on its approach to broad cannabis industry growth.
“We view CIIX as a high-risk/high-reward investment opportunity in the microcap space, with potential of upside if the company can generate renewed traction with its high margin investor relations services business and execute on the new cannabis initiatives,” the report said.
For more information, visit the company’s website at www.ChineseInvestors.com
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