CHNC Announces Name Change to Cannabis Bioscience International Holdings, Inc.
China Infrastructure Construction Corp. has announced a rebranding to Cannabis Bioscience International Holdings, reflecting its growing global operations in the cannabis sector. The company plans to file for a corporate name change and a new trading symbol (CHNC) within the next three months, pending the necessary regulatory approvals. This name change aligns with its international expansion strategy across Europe, Latin America, the Middle East, and the USA. The company aims to enhance its market presence through this rebranding initiative.
- Rebranding to Cannabis Bioscience International Holdings may enhance market position.
- Plans for international expansion into Europe, Latin America, and the Middle East.
- Name change and symbol alteration may lead to initial investor uncertainty.
- Expansion into new markets carries inherent risks and uncertainties.
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HOUSTON, TX, June 14, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire – China Infrastructure Construction Corp. announced today that it is doing business as Cannabis Bioscience International Holdings, pursuant to filings that it has made in the State of Colorado, where it is incorporated, and the State of Texas, where its headquarters are located. The Company believes that this name reflects the nature of its activities and the fact that it is operating in several foreign countries, such as Europe, Latin America, Middle East and the USA. In addition, the company expects to continue to expand its international activities.
The Company intends to change its corporate name from China Infrastructure Construction Corp trading under the symbol CHNC to Cannabis Bioscience International Holdings, Inc., by filing a certificate of amendment to its articles of incorporation as quickly as it can complete the measures that are required in order to process the name change and change of trading symbol through the Financial Industry Regulatory Authority (FINRA). The Company believes that it will be able to complete this process during the next 3 months.
Safe Harbor Statement
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "projects," "intends," and similar phrases. Forward-looking statements involve risks and uncertainties that could cause actual results to differ from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of geopolitical conditions, competition, changes in technology and methods of marketing, and various other factors beyond the company's control.
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