Amazonas Florestal Ltd. announced that the company has hired Mr. Carlos Martinez as its new Chief Financial Officer. Mr. Martinez will also be a new Board Member and head the new Financial Committee for the Company working out of the Company headquarters in Miami. The Company announced that more officer and director appointments are imminent once the screening and interview process for a new CEO and COO have been completed.

The Company also announced that it will be renewing its wood products production business in Manaus and in the state of Rondonia, Brazil, with operators there in the process of closing new purchase orders with top of the line lumber companies that purchase these products in the USA and the EU. The Company further announced that it has completed its new Business Plans for a Colorado Industrial High CBD Hemp Plantation and products laboratory that will be presented to qualified investors that have already been pre-selected and have shown interest in participating in funding this new lab project. Also, the Company announced that it will continue the market development of Balance CBD as its spearhead brand for placing its CBD products on the market in preparation for the increased amounts that should become available for market next year.

The Company remains in final negotiations for the purchase of another brand that already has made further advances in its customer base and market development. The Company will develop both brands in different niche markets.