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Tuesday, November 29, 2022

AMAZONAS FLORESTAL (OTCMKTS:AZFL) Runs on New 10.5 Acre Property Acquisition

AMAZONAS FLORESTAL (OTCMKTS:AZFL) is moving steadily higher after the Company announnced last Monday they have secured the 10.5 Acre Property in Weld County, Colorado, through its alliance with TSC on a long-term lease. This property will serve to store the full amount of CBD Flower that Amazon Hemp expects to yield from the 2 x 100 acre fields that will be harvested this month.

AZFL has seen a parabolic rise in recent months from lows of $0.0001 earlier this year AZFL has transformed into a volume leader on the OTC attracting legions of shareholders who continue to bid this one towards a penny.

AMAZONAS FLORESTAL (OTCMKTS:AZFL) 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.

The big story on AZFl is their wholly-owned subsidiary Amazon Hemp Ltd. 200 acre CBD Industrial CBD Hemp Plantation in Frederick, Colorado, just north of Dacono, Colorado. A total of apx. 474,600 seeds were planted  during May in the two separate fields about 2 weeks apart that will allow for Amazon’s contractors to stagger the harvest effectively. The stock took off in August after AZFL said they were on their 93rd day out of 110 days of production, putting the project at an 85% completion.

AZFL took off again on September 5 after the Company announced that as of this date, we are at a 98% growth of the crop in our first 100 acres plantation in Colorado.

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Ricardo Cortez, Company Chairman for Amazonas Florestal, Ltd., said that, “Our management is proud to report that thanks to our alliance with TSC we have been able to secure this property that is an essential asset to our Hemp project in Colorado. The company is now moving forward with plans to install the distilling equipment and for construction of additional buildings for product staging, processing, storage and a kitchen and lab facility at this site and we are happy to report that we are now in line to begin harvesting the first 100-acre property on Route 52 next week and begin work to harvest the second 100-acre field two weeks later. The planting of these fields were purposely staggered to allow our contractors time to stagger the harvests. We should be able to complete the harvesting and packaging of the flower from both fields by the end of this month and will later report the exact results in term of weight and chemical testing.”

Todd Ellison, Managing Partner at 303 Farms, Company Contractors in Colorado, added, “The harvest of these fields is a milestone. The results of 2 years planning and preparation are about to come into fruition. Everything is in line for the smooth harvest of our Marquis M-1 High CBD Hemp that has been tested and should render very positive results.”

AZFL said it expects to have upwards of 2,000 gallons of High CBD Oil as a result of this first harvest that should come around late October of this year and will be placed on the market beginning in November. The Company is already actively pursuing participation in the growing markets for CBD Hemp products such as Oil, Crystals, Vapes and Edibles like Chocolates, Candies, Butter and Cakes.

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Currently trading at a $12.5 million market valuation AZFL has little assets or revenues and rising debt. But AZFL is an exciting story developing in small caps; AZFL wholly-owned subsidiary Amazon Hemp Ltd. is nearing completion on its current CBD grow of 200 acres on which apx. 474,600 seeds were planted that should yield around 2,000 gallons of High CBD Oil by the end of October.  According to AZFL Chariman Ricardo Cortez “Amazon Hemp is in line to become one of the largest CBD products suppliers in Colorado.” AZFL has also stated they are already working on formulations of its own CBD product lines. Be very careful with these subs they collapse faster then they rise. We will be updating on AZFL when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with AZFL.

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Disclosure: we hold no position in AZFL either long or short and we have not been compensated for this article.

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