CDII Launches Newly Formed Subsidiary and Online Store to Distribute Cannabidiol-Based Products in Chinese-Speaking Communties
13 Avril 2017 - 2:30PM
InvestorsHub NewsWire
PLANTATION, Florida -- InvestorsHub NewsWire -- CD International
Enterprises, Inc. ("CD International") (OTC:
CDII), a U.S.-based company that sources industrial commodities
and provides business and management corporate consulting services,
today announces the launch of its newly formed, wholly owned
subsidiary, Green Products Distribution, Inc., and its newly
launched online store (http://www.greencbdproducts.com/cbd), as well as a
new initiative to distribute bulk Cannabidiol (CBD) crystal in the
U.S.
The launch of Green Products Distribution and the associated
online store is a key part of the expansion plans underway. CD
International's primary goal with this launch is to retail
CBD-based products in Chinese-speaking communities, which
collectively represent a potential global market of over 2 billion
people. After bringing its online store to fully functioning status
within the next several weeks, the Company plans to contract an
online marketing firm to market the online store and its products
in Chinese-speaking communities across the world. Other plans
include developing a mobile app for optimal distribution of
CBD-based products through mobile devices.
The Company is also actively sourcing a variety of CBD-based
products in the U.S. and plans to enter several distribution
agreements for their distribution in the near term. Related plans
include distributing CBD-based products through retail chains of
pharmaceutical and Chinese Medicine stores in China.
Dr. James Wang, Chairman and CEO of CD International, commented,
"We are very excited to begin retailing CBD-based products in
Chinese-speaking communities through the newly established
subsidiary, while also pursuing opportunities to distribute bulk
CBD crystal in the U.S. Research has indicated CBD to be effective
in treating epilepsy, Alzheimer's disease, cirrhosis of the liver
and to provide relief from hangover, anxiety and stress. Because
natural extract of CBD-based products is so similar to traditional
Chinese medicine, management believes there is huge opportunity in
Chinese-speaking communities for CBD-based products. We plan to
choose the best products available to start penetration of these
enormous potential markets."
About CD International Enterprises,
Inc.
CD International Enterprises, Inc. (CDII)
is a U.S.-based company that sources industrial commodities and
provides business and management corporate consulting services. For
more information about CD International, please visit http://www.cdii.net.
DISCLOSURE NOTICE:
In connection with the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995, CD International
Enterprises, Inc., is hereby providing cautionary statements
identifying important factors that could cause our actual results
to differ materially from those projected in forward-looking
statements (as defined in such act). Any statements that are not
historical facts and that express, or involve discussions as to,
expectations, beliefs, plans, objectives, assumptions or future
events or performance (often, but not always, indicated through the
use of words or phrases such as "will likely result," "are expected
to," "will continue," "is anticipated," "estimated," "intends,"
"plans," "believes" and "projects") may be forward-looking and may
involve estimates and uncertainties which could cause actual
results to differ materially from those expressed in the
forward-looking statements.
We caution that the factors described herein could cause actual
results to differ materially from those expressed in any
forward-looking statements we make and that investors should not
place undue reliance on any such forward-looking statements.
Further, any forward-looking statement speaks only as of the date
on which such statement is made, and we undertake no obligation to
update any forward-looking statement to reflect events or
circumstances after the date on which such statement is made or to
reflect the occurrence of anticipated or unanticipated events or
circumstances. New factors emerge from time to time, and it is not
possible for us to predict all of such factors. Further, we cannot
assess the impact of each such factor on our results of operations
or the extent to which any factor, or combination of factors, may
cause actual results to differ materially from those contained in
any forward-looking statements. This press release is qualified in
its entirety by the cautionary statements and risk factor
disclosure contained in our Securities and Exchange Commission
filings, including our Annual Report on Form 10-K for the fiscal
year ended September 30, 2016.
Contact:
CD International Enterprises, Inc.
Peisha Shen
Phone: 1-954-363-7333
Email: peisha.shen@cdii.net
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