Amazonas Florestal, Ltd. (OTC Pink: AZFL) operates as a natural resources company, which primarily focuses on sustainable forest management, industrial hemp farming, CBD development, and carbon credit certifications and sales. Shares of the natural resources company are soaring 100%, through early trading on Wednesday, March 7, 2018. Over the past month, Amazonas Florestal, Ltd. has seen average daily volume of 493.25 million shares. However, volume of 1.51 billion shares or dollar volume of $302,000, has already exchanged hands on the day.
Shares of Amazonas Florestal, Ltd. are surging today, after the company announced that its Amazon Hemp subsidiary has received the approval and funding to continue with the formulation of new line of CBD-infused supplements. Management notes that a complete line of six to ten products are expected to be launched by June 30, 2018. Among the new products will be a 250 mg & 1500 mg CBD supplements, 10 mg CBD gummies, and powdered concentrate that can be mixed in with coffee, tea, juice, etc. Here is the full press release detailing of the new CBD product line that is in development:
Amazonas Florestal, Ltd. Press release:
MIAMI, FL, March 06, 2018 (GLOBE NEWSWIRE) — Amazonas Florestal, Ltd. (www.azflusa.com) (OTC: PINK: AZFL), a natural resources company dedicated to innovative, sustainable forest management, Industrial CBD Hemp and the certification and sales of carbon credits, today announced that the Company’s fully-owned subsidiary Amazon Hemp Ltd. ( www azhempusa.com) has been given the go ahead by the Board of Directors and has been extended a new funding facility for the subsidiary to proceed with the development of a full line of CBD Infused products. The Company that brought two of its Amazon Hemp branded products to market in early February of this year with its 500MG and 1000 MG Hemp Full Plant Extracts will now work to complete a full line of 6 to 10 products that will include a 250MG and a 1500 MG CBD Supplement, 10MG Gummy Stars in an assortment of flavors and a powdered concentrate that mixes with coffee, tea or juice. The Company has already begun formulation and consumer testing on the new products expects to have them all available on the market by June 30th, 2018.
Ricardo Cortez, Company Chairman for Amazonas Florestal, Ltd., said that, “Our management is very pleased with the initial acceptance of our products on the market. Our salespeople have only heard positive comments thus far from customers that are already taking our products regularly. Our product is being associated as one of the best tasting and most effective CBD products found anywhere. Post-op patients given the product at our initial point of sale, Bonsai Med Spa in Miami, have come back with positive reviews not only with regards to the effectiveness of the product and its chilling calming effect but about the taste also. Our formulators inspiration with old time natural remedies that include Chamomile, various mint oils and Anise, will distinguish our products among the best of any out there.”
Johnny Cisneros, Chief Operating Officer for Amazon Hemp Ltd., commented, “we are now focused on the marketing effort in Colorado and Florida where our existing products are now actively marketed and where sales appear to be taking off. A large number of medical facilities, dispensaries, smoke shops and convenience stores are lining up to inquire on and become distributors. At our Weld County facility, Company formulators have already moved forward with the formulation of several other products that will be ready to launch in May and June. By the end of the next quarter we expect to have a minimum of 6 products on the market and being sold at a growing number of distribution outlets and through on line marketing platforms.These operations will be further enhanced as plans move forward also on this years planting. The company has secured seeds and this month will begin to develop female plants of proven genetic strands of Industrial Hemp that we will plant this April or May weather permitting in properties in Weld County. The exact acreage will be announced later this month. Finally, I’d like to take a minute to thank all of our collaborators in Colorado and Florida and congratulate them as well. We have a top notch team and the results are showing in the positive reviews obtained already on the products being sold.”
About Amazonas Florestal Ltd.
Amazonas Florestal Ltd. is a natural resources company dedicated to innovative, sustainable management of large tracts of land in the rainforests of Amazonas, Brazil, that include the certification and sale of carbon credits and the growth, harvesting, research and development of Industrial Hemp and related products in the U.S.
Headquartered in Miami, FL, Amazonas’s goal is to become a leader in sustainable forest management and preservation, creating revenue while protecting the biodiversity of the rainforest ecosystem and enhancing the lives of the people who live in it. Through a strategy of selective harvesting, certification and sale of carbon, biomass and biofuel production, and conservation incentives, Amazonas Florestal Ltd. intends to help protect one of the world’s greatest natural resources and show how its preservation can be a profitable activity. Visit the Company at: www.azflusa.com.
Forward Looking Statements
Forward-looking statements in this release regarding Amazonas Florestal Ltd. are made pursuant to the “Safe Harbor” provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the Company’s products, increased levels of competition, new products and technological changes, the Company’s dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in the company’s periodic reports filed with the Securities and Exchange Commission.
