Amazonas Florestal Ltd. announced that the Company has signed an MOU with Botánica de la Sierra, a fully licensed Colombian grower. The companies are now set to organize a new division of AZFL dedicated to growing, manufacturing and distribution of high CBD and Medical Marijuana products. Botánica is a Colombian company that operates 5 cannabis related licenses in Santa Marta, province of Magdalena. They are growers of several hemp genetics with a 212-acre farm, and a separate 84-acre farm fully equipped with greenhouses for medical marijuana plant development where they grow new promising Colombian genetics containing high levels of cannabinoids. Botánica de la Sierra had been looking for the right strategic partnership to build manufacturing and lab facilities where their genetics can be further developed—resulting in the vertical integration of their business—AZFL became the perfect match. Moreover, Botánica unites Amazonas Florestal with their distribution efforts and a long list of potential clients in Colombia and other Latin American countries that have stated their interest in purchasing full spectrum distillate as raw material for their finished product. With this alliance, they are projected to become an important grower and manufacturer of the quality hemp/medical marijuana products in their country.