Business
Amazonas Florestal Ltd. Announced Today That the Company has Moved Its Corporate Offices to Toronto, Canada, and Reported Its Investors’ Acceptance of Business Plans That Will be Funded Starting January 2019
Amazonas Florestal Ltd. Announced Today That the Company has Moved Its Corporate Offices to Toronto, Canada, and Reported Its Investors’ Acceptance of Business Plans That Will be Funded Starting January 2019.
About this update from Amazonas Florestal Ltd
[{"type":"text","content":"\nToronto, ON, Dec. 27, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Amazonas Florestal, Ltd. (www.azflus.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 reported that it has moved its Corporate Offices to Toronto, Ontario, Canada and that as the first order of business at these new offices, the Company intends to apply for a Cannabis Retail License in Ontario, and that contingent to that licensing it will open a Cannabis Retail store that has already been secured in Etobicoke, near Toronto.\n The Company added that more than one investment group has accepted its Business Plans and expressed that they expect to complete a commitment in the early part of January to fund the operations therein described which include a retail cannabis dispensary branded as Havanos Cannabis Boutique (Twitter: @HavanosC ) and a 10,000 square foot grow operation in southern Ontario.    Company auditors have notified management that the audits are completed and will be filed together with the 2018 Annual Report. The Company announced that it expects these measures will allow for the completion of plans to renew operations in Colorado where last year it almost gained $35 Million plus in revenues from its High CBD Industrial Hemp Plantations, having tested 1/10th of 1% too high for the legal THC limits of .3 to be classified as Industrial Hemp. The renewed operations are expected to achieve the planting and harvest of 50 acres using certified and proven genetic strains of High CBD Hemp. Ricardo Cortez, Company Chairman, said, “After a couple years in an uphill battle, I can say that the outlook for AZFL in 2019 is excellent. The company has finished its audits and has three solid business plans in the works, with serious investors in the process of commitments, any of which will allow the company to return to operations. We here at management feel that the company is poised for big things now in 2019; any inclusion of profitable operations will put us back on the map and allow us to build shareholder value again and grow.” Mr. Cortez went on to say, “We now have partners and affiliates on location prepari...