Business
Amazonas Florestal Ltd. Announces Investor Approvals for Present Business Plans
Amazonas Florestal Ltd. Announces Investor Approvals for Present Business Plans.
About this update from Amazonas Florestal Ltd
[{"type":"text","content":"\n Miami, FL, June 02, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Amazonas Florestal Ltd. (OTC “AZFL”) management today announced that as a result of recent board meetings with Company investors, who have provided the necessary approvals, the company will be moving forward with the following business directions: -       Green America Laboratories, an AZFL subsidiary, has completed approx. 60% of the project. Company is awaiting final county permit approvals. When completed the Lab will become the largest Hemp Oil processor in South Florida with a capacity to invoice upwards of $35M in its first year of operations. -       Green America Colombia has hired operators that have moved forward with the completion of all of the local registrations to operate as a subsidiary of Amazonas Florestal in the country. The entity will be poised to be among the first to distribute high-CBD and Delta-8 products in Colombia and for export to the European Union. Company personnel in Colombia will soon disclose business plans that include the distribution of medical and recreational products manufactured in Colombia for sale to several jurisdictions. Operators there have hired attorneys and auditors that will be effectuating due diligence on a number of potential cannabis licensees with the intention of acquiring a license to manufacture and distribute high CBD and Medical Cannabis products. -       Green Leaf Mexico: Company management has also been given the green light to move forward with all of the business plans as programmed for Mexico—beginning with the completion of a license to import and distribute CBD isolates and cannabinoid products to the Mexican markets.  Chairman/CEO Ricardo Cortez will travel to Mexico again next week to sign papers completing the registrations of the new business entity named Green Leaf Mexico—that will also become a subsidiary of Amazonas Florestal Ltd. this quarter.  -       Company Directors have instructed AZFL management to proceed with becoming a part of PROCANNACOL (Asociacion Pro Cannabis de Colombia) in Colombia and AMMC (Asociación Mexicana de Medicina Canabinoide) in Mexico. Being a member of these two associa...