LAS VEGAS, Nov. 19, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- International Spirits & Wellness Holdings, Inc. (OTCMKTS: ISWH) (“ISWH” or the “Company”), a top-tier brand incubator in the Spirits, CBD-Infused Products, and Home Healthcare markets, is excited to announce the signing of a Letter of Intent (the “LOI”) designating that ISWH will be participating in the beta testing process for the new CBDSMARTDECISION.COM algorithmic product recommendation system administered by Smart Decision, Inc. (OTCMKTS:SDEC) ("Smart Decision"), a next-generation consumer-based LED & CBD algorithm innovator.
Terry Williams, CEO of ISWH, stated, “We are excited to get on board this next-generation product marketing and sales vehicle. If you aren’t part of the future, you’re part of the past. The cbdsmartdecision.com system is set to revolutionize how CBD consumers find the products that best serve their needs. We are pleased that Smart Decision sought us out to participate in this process.”
Management notes that Smart Decision Inc. is developing proprietary algorithms for the CBD marketplace that are set to remove the confusion from the consumer process, which should help in reducing returns, consumer dissatisfaction, and abandoned carts in the ecommerce process for CBD. ISWH is committed to finding and exploiting every available edge in establishing further traction as it gears up to sharply expand sales of its premium nano-infused CBD-based product line.
The Company is particularly excited about participation in the CBDsmartdecision.com algorithmic system because it is nearing the full public release of details related to a new broad-based strategic partnership, as announced in its release dated November 13, 2019, for the appointment of an exclusive manufacturing and marketing partner for the launch of five new CBD-based wellness products, including a comprehensive branding refresh for the Company’s P19 CBD-based products brand.
“As we begin to ramp up our expansion in the CBD space, we will be striving to place ISWH at the center of the action,” continued Mr. Williams. “The CBDsmartdecision.com solution will help to differentiate CBD brands. Our nano-infused products offer superior bioavailability for CBD content on a per-unit basis, suggesting that the P19 brand is exceptionally well suited to algorithmic product recommendation systems.”
About ISWH: International Spirits & Wellness Holdings, Inc. (ISWH) is an authorized importer, licensor, and marketer of premium beverage brands, with sales of innovative products and brands worldwide. Based in Nevada, the Company's expertise lies in the strategic development and aggressive early growth of its brands and the establishment of these brands as viable and profitable as an incubator. ISWH 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. In addition, ISWH has now established itself as a health and wellness company with a focus on reshaping the CBD products market through state-of-the-art nanotechnology processes, developing a wide range of nano-infused CBD gummies and beverages formulations. These products will be sold through the Company’s website, as well as through established wholesale and retail distribution channels. The company has also partnered with Bengala Technologies to develop and commercialize enterprise and B2B software technology products targeting the logistics and supply-chain marketplace.
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:
Forward Looking Statements: This press release may contain forward-looking statements that involve risks and uncertainties. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology including "could", "may", "will", "should", "expect", "plan", "anticipate", "believe", "estimate", "predict", "potential" and the negative of these terms or other comparable terminology. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested in this report. Except as required by applicable law, we do not intend to update any of the forward-looking statements so as to conform these statements to actual results. Investors should refer to the risks disclosed in the Company's reports filed from time to time with OTC Markets (www.otcmarkets.com).
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