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Amazonas Florestal Ltd. Announced Today That The Company's Subsidiary Amazon Hemp Reported To Be Completing The First Phase of The 200-Acre High CBD Hemp Project in Weld County, Colorado, and Progress in The Development of Its CBD Product Lines
Amazonas Florestal Ltd. Announced Today That The Company's Subsidiary Amazon Hemp Reported To Be Completing The First Phase of The 200-Acre High CBD Hemp Project in Weld County, Colorado, and Progress in The Development of Its CBD Product Lines.
About this update from Amazonas Florestal Ltd
[{"type":"text","content":"\n \n \n Amazonas Florestal Ltd. Announced Today That The Company's Subsidiary Amazon Hemp Reported To Be Completing The First Phase of The 200-Acre High CBD Hemp Project in Weld County, Colorado, and Progress in The Development of Its CBD Product Lines\n \n \nAmazonas Florestal Ltd. Announced Today That The Company's Subsidiary Amazon Hemp Reported To Be Completing The First Phase of The 200-Acre High CBD Hemp Project in Weld County, Colorado, and Progress in The Development of Its CBD Product Lines\n \n MIAMI, FL--(Marketwired - Nov 15, 2017) - 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 wholly owned subsidiary Amazon Hemp Ltd. [AF1] is completing the first phase of its 200 Acre Project for the elaboration of High CBD Hemp products. Early results indicate that this year's first crop planted with a genetic known as Marquis M1, will render successful economic results and allow for the company to plant again in these fields starting next May 2018 while expanding in size to plant in other fields that have become available to the company for lease next year. Amazonas also announced major progress in the development of Amazon Hemp's product lines that include CBD oils, distillates and dietary supplements with initial distribution to begin in December. \n Once transformed into these products the Company will place product on the wholesale consumer market with initial revenues expected from this activity beginning in the final quarter of this fiscal year. The Company will continue construction of its kitchen/lab facility on another property leased by the Company in Colorado. The completion of this facility and the official inauguration of these new products lines manufactured by the Company are expected by the second quarter of 2018.\n Ricardo Cortez, Company Chairman for Amazonas Florestal Ltd., said that \"Our management is quite proud to announce these accomplishments. It is an exciting time for the company as we begin to see the fruition of these efforts. It has been a considerable amount of work and travel for all of our operatives both in Miami as here in the fields of Colorado. Our shareholders can expect to hear more positi...