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INDUSTRIAL HEMP

AMAZONAS FLORES (OTCMKTS:AZFL) Update On Purchase Order For 10,000 Bottles

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Amazon Hemp Ltd., a subsidiary unit of AMAZONAS FLORES (OTCMKTS:AZFL) reported that the first product release is on plan and will take place in this month as earlier announced and completion of its next substantial order for 10,000 bottles of its Cannabidiol Oil Supplements as well as 3,400 10 mg Cannabidiol Gummy Packs to Stilbon. The order for around $250,000 moves the subs product presales to more than $350,000.

The buzz

Amazonas reported that it has entered into talks with a major countrywide distributor of supplements and vitamins pertaining a potential distribution deal that could post another around $500,000 of the firm’s Cannabidiol Supplements on the marketplace in the initial two quarters of 2018.

Johnnie Cisneros, the MD for Amazonas Flores subsidiary, expressed that while the firm continues to advance the formulation of premium quality Hemp offerings and develops clients and marketing network, they are even focused on the pertinent future potential of noting new fields for grow in this year that they anticipate will be 200 acres – 300 acres in Weld County and the advancement of additional genetics.

The company would like to grow minimum three proven genetics in 2018 and are in talks to acquire access to few interesting ones that posted optimum performance in 2017 by some of company’s larger competitors. Ricardo Cortez, the Chairman of Amazonas Florestal Board, expressed that firm management is working feverishly to close the new Business Program for 2018 that comprises these new grows as well as the establishment of Greenhouses for the advancements of seeds, clones and genetics that as per their consultants will be extremely suitable for advancement indoors.

The latest program will also comprise completion of Amazon Labs at the facility the firm has leased with an option to purchase this year only north of Ft. Lupton in Weld County. This facility will enable the firm to complete formulations for entire line of products.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of MMJReporter.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure

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