BOCA RATON, Florida, Nov. 5, 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 LBC Bioscience Inc., a visionary in the CBD space.
"In recent weeks, we have been fortunate enough to sign Letters of Intent with some of the most respected brands in the CBD space. LBC Bioscience Inc. will also be at the forefront of the industry, while being able to provide our easy to use CBD algorithm for their client base. In addition, LBC Bioscience will be opening a retail store in Scottsdale, AZ before the end of the year. We're excited to have our algorithm tested in both their retail location and online store during the first quarter of 2020. We encourage potential customers to view their products on our site: https://cbdsmartdecision.com," said Adam Green, CEO of Smart Decision, Inc.
Terms of the deal are not being disclosed at this time.
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.
About LBC Bioscience Inc.
LBC Bioscience Inc. (LBC) is a wholly owned subsidiary of CBD Life Sciences Inc. LBC has developed and is retailing/wholesaling a full line of cannabidiol (CBD) based organic products including hemp drops, massage oils, pain relief creams, anxiety and sleep supplements, CBD edibles, anti-aging skin solutions and a full line of CBD infused supplements for your pets.
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.
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.
For more information, please contact:
View original content:http://www.prnewswire.com/news-releases/smart-decision-inc-otc-sdec-signs-letter-of-intent-loi-with-lbc-bioscience-inc-otc--cbdl-for-cbdsmartdecisioncom-upcoming-cbd-algorithm-300951332.html
SOURCE Smart Decision, Inc.