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Wednesday, 11/15/2017 9:55:40 AM

Wednesday, November 15, 2017 9:55:40 AM

Post# of 114302
NEWS OUT!!! "AZFL" COMPLETING 1ST PHASE OF_200-ACRE_CBD_HEMP_PROJECT!!!_https://finance.yahoo.com/news/amazonas-florestal-ltd-announced-today-120000999.html

EXCERPT FROM PR BELOW.

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.

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.

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 positive reports coming soon as the extraction and distribution of these chemicals and products takes off as expected during the coming months."

Johnnie Cisneros, Managing Director at Amazon Hemp, commented, "We are happy to report that the First Phase of the project and preps to receive, store and process product is all moving ahead on the new schedule as programmed last month. Staging is set up with the first batches of product expected to go to market by mid-December. The Company is now in line to achieve these initial revenues before the end of the year as originally projected with potential sales from these oils through the first 3 quarters of 2018."

Pepper Stebbins, Company CEO, added that "The first phase of our Hemp project will finally complete this month. We have had to overcome a number of challenges with weather and equipment but are happy to report that these have been settled and everything is now running smoothly."

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