PLANTATION, Florida, April 12, 2017 /PRNewswire/ --
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
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. (OTC: 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.
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: [email protected]
SOURCE CD International Enterprises, Inc.
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