Le Lézard
Classified in: Health, Science and technology, Business
Subjects: JVN, MAT

Smart Decision, Inc. (OTC: SDEC) Signs Letter of Intent (LOI) With International Spirits and Wellness Holdings, Inc. (OTC: ISWH) for Beta Testing of CBDSMARTDECISION.COM Upcoming CBD Algorithm


BOCA RATON, Florida, Nov. 19, 2019 /PRNewswire/ -- Smart Decision, Inc. (OTC Pink Markets: SDEC), a next-generation consumer-based LED & CBD algorithm innovator, is pleased to announce that it has signed a Letter of Intent (LOI) with International Spirits and Wellness Holdings, Inc., Inc., a visionary in the CBD space. 

"We're pleased to work with International Spirits and Wellness Holdings, Inc. Their expertise in branding premium alcohol beverages will serve their CBD infused lineup well. We expect International Spirits and Wellness Holdings, Inc. products to provide our company with a steady commission base very soon. We encourage potential customers to view their products on our site in the near future: https://cbdsmartdecision.com," said Adam Green, CEO of Smart Decision, Inc.

Terms of the deal are not being disclosed at this time.

In a newly released report from Brightfield, the company is calling for year-over-year CBD product sales growth in the United States of 706% in 2019 to around $5 billion and sales of $23.7 billion by 2023. Growing CBD revenue from about $620 million in 2018 to $23.7 billion by 2023 works out to a compound annual growth rate (CAGR) of approximately 107%.

About Smart Decision Inc. 

Smart Decision Inc. has researched and is developing algorithms for the consumer and business LED Lighting and CBD markets. With their patent-pending "Smart Decision" algorithms, the confusion of selecting the right product(s), whether for LED or CBD, will be significantly reduced. Ultimately, Smart Decision Inc. believes that selecting the right product the first time, dramatically cuts down on product returns and creates of positive purchasing experience for the consumer.

Who can benefit from our Recommendation Algorithm?

8 Medical Conditions that CBD can help treat:

About International Spirits and Wellness Holdings, Inc.:

ISWH is the authorized importer, licensor, and marketer of premium alcoholic beverage brands, including Besado Tequila, Dziaq, and CBD Infused Products. The Company's mission and purpose is the development and actualization of leading alcoholic beverage brands. In this capacity, as a "brand incubator", the Company intends to nurture emerging brands through critical stages of market development, including conceptualization, go-to-market strategy, supply chain and logistics engineering, integrated marketing, and distribution. The Company plans to expand its wine and spirit portfolio by building brands both in-house as well as through targeted acquisition activity. The Company's overall market strategy is predicated on the belief that the brand incubator construct fills a current gap within the industry, and potentially aligns individual brands as acquisition targets. In addition, through strategic relationships, including potential partnerships and/or acquisitions, the Company plans to complement its brand incubation segment with a focus on the development of logistics technology solutions tailored to the alcoholic beverage industry. Investment in this segment is anticipated to further enable expansion of the Company's incubation segment and generate potential value as an enterprise product.

About OTC Markets Group Inc.

OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX Best Market, the OTCQB Venture Market and the Pink Open Market for 10,000 U.S. and global securities. Through OTC Link ATS and OTC Link ECN, we connect a diverse network of broker-dealers that provide liquidity and execution services. We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors. 

Forward-Looking Statements 

This press release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements include, but are not limited to, any statements relating to access to capital, liquidity, increased visibility, our growth strategy and product development, updates on the CRADA, and any other statements that are not historical facts. Forward-looking statements are based on management's current expectations and are subject to risks and uncertainties that could negatively affect our business, operating results, financial condition and stock price. Factors that could cause actual results to differ materially from those currently anticipated are: risks related to our growth strategy; risks relating to the results of research and development activities; our ability to obtain, perform under and maintain financing and strategic agreements and relationships; our dependence on third-party suppliers and partners; our ability to attract, integrate, and retain key personnel; the early stage of products under development; our need for substantial additional funds; government regulation; patent and intellectual property matters; competition; as well as other risks described in our SEC filings. Important factors that may cause the actual results to differ from those expressed within may include, but are not limited to: the success or failure of Smart Decision's efforts to successfully market its camera; systems, other products and services as scheduled; Smart Decision's ability to attract and retain quality employees; the effect of changing economic conditions; increased competition; the ability of Smart Decision to obtain adequate debt or equity financing. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in our expectations or any changes in events, conditions or circumstances on which any such statement is based, except as required by law.

Consumer Website: https://cbdsmartdecision.com

For more information, please contact: 
Adam Green, CEO 
Number: +1-(877)-26-SMART 
Email: [email protected]
Corporate Website: http://smartdecisioninc.com

 

SOURCE Smart Decision, Inc.


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