Subject: CIIX Announces Another Strategic Investment in the Cannabis Industry

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CIIX Announces Another Strategic Investment in the Cannabis Industry
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Company:, Inc. (OTCQB: CIIX)


Price: 1.38

Change (%): + 0.03 (2.22)

Volume: 13,445
CIIX Chart Announces Investment in Breakwater MB, LLC a Cannabis-Focused Investment and Consulting Company

SAN GABRIEL, California, March 30, 2017 /PRNewswire/ - (OTCQB: CIIX) (“CIIX” or the “Company”), the premier financial information website for Chinese-speaking investors, today announces its investment in Breakwater MB, LLC, a cannabis-focused investment and consulting company. Building on the success that CIIX enjoyed through its investment in early-stage firm Medicine Man Technologies, the Company is pleased to announce another strategic investment in the cannabis industry.

Breakwater MB was formed by CIIX board member and former CFO Paul Dickman as a means to invest capital in and provide consulting services to private, cannabis-focused companies as they transition into the public market. The invested capital will primarily be used to cover the costs of becoming a publicly traded company, a strategy CIIX expects will provide significant investment appreciation and opportunity for liquidity. All opportunities will be evaluated by the investment committee comprised of CIIX CEO Warren Wang, Medicine Man Technologies (OTCQB: MDCL) CEO Andy Williams, and Paul Dickman, the CFO of Medicine Man and managing member of Breakwater MB.

“By focusing on these transitional phase investments, it’s our expectation that investors in Breakwater MB will enjoy significant capital appreciation in its investment due to the arbitrage in value between private and public companies, the growth through access to the capital markets, the firm’s expertise and established network, as well as short-term liquidity due to investing in newly formed publicly traded companies,” states Dickman.

According to a CB Insights report on Corporate Venture Capital (CVC), newly formed CVCs grew at 20% globally in 2016, with nearly half of CVC investments made in early-stage companies. By primarily focusing on the cannabis industry, the new venture is focused on the opportunity in one of the fastest growing industries in the United States.

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