FinancialBuzz.ca’s latest Behind the Buzz Show: Smart Decision Inc. CEO Adam Green
Smart Decision Inc. (OTC: SDEC) 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.
Adam Green is a performance-driven sales expert and accomplished executive in the LED space, who has consistently delivered exceptional results. He combines strong business acumen with a transformational leadership style. Adam is an expert in consumer-driven buying patterns and has developed algorithms for that purpose. Adam is a graduate of The George Washington University in Washington, D.C.
Cannabidiol or CBD has become the latest wellness craze among consumers. According to Hemp Industry Daily, citing a study conducted by health scientists from the University of California, San Diego, Johns Hopkins University in Baltimore and the University of York in the United Kingdom, it was uncovered that Google searches for CBD ramped up significantly in 2016. The study collected Google search data in the U.S. from 2004 to April 2019. From 2004 to 2014, CBD searches remained relatively consistent. However, in 2016 search volume began to increase drastically. And by 2017, Google searches for CBD had grown by 125.9%. Then in 2018, search volume grew by another 160.4% year-over-year. Now, the researchers are projecting the search volume to grow by 117.7% in 2019. Notably, Google searches for CBD were on par with yoga and e-cigarettes, but had seven times more clicks than acupuncture, five times higher than apple cider vinegar, and three times more than mediation. Moreover, CBD searches outnumbered searches for vaccination, exercise, marijuana, and veganism. In particular, CBD searches accelerated in 2018 because CBD was experiencing major legalization movements scattered throughout the world. Specifically, the U.S. passed the Farm Bill in late 2018, which legalized the commercialization of hemp-derived CBD products. Meanwhile, a number of countries were also moving towards legalizing CBD for medical applications. Overall, however, the passage of the U.S. Farm Bill sparked interest from millions of consumers nationwide because it was the first time the federal government legalized a derivative of cannabis since it became illegal in 1937. Nevertheless, it is important to remember that the CBD industry is still in its infancy stage due, in large part, to the lack of information. Nevertheless, researchers are continuing to progress through clinical trials to more fully understand the efficacy of CBD. And as a result, the global hemp market is projected to grow by 23.1% during the forecast period between 2019 and 2025, according to data compiled by QYR Consulting.
While the CBD market is still relatively new in most regions, it has already experienced dramatic innovations over the past few years. Originally, CBD products were predominantly sold as flower. However, entrepreneurs began to develop new methods of consumption. Consequently, CBD-based products such as concentrates, extracts, edibles, beverages, and tinctures became explosively popular. To note, CBD became popular because researchers discovered that it offers a number of therapeutic benefits. For instance, researchers noted that CBD can alleviate minor medical conditions such as headaches or soreness. Furthermore, extensive studies discovered that CBD can effectively suppress symptoms associated with severe conditions such as cancer, epilepsy, Alzheimer’s, and chronic pain. However, its popularity is primarily attributable to CBD-based oils because they are nutrient-rich and emerging scientific research has mentioned that CBD provides consumers with protein, fiber, as well as essential fatty acids. Notably, full-spectrum CBD oils also contain all 20 amino acids, including the nine essential amino acids that the human body processes on its own. It is also believed that full-spectrum oils are an ideal source of Omega 3 and Omega 6 as well as vitamin A, C, E, and B complex. “It wasn’t that long ago that we were talking about reefer madness and harms associated with cannabis,” Timothy Caulfield, a health industry expert in Ontario, told Gizmodo. “But within a relatively short amount of time, CBD has become a mainstay of this multi-trillion-dollar wellness industry and its benefits are assumed, its efficacy is assumed—it’s embraced this health halo.”
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