Amazonas Florestal Ltd. (AZFL) Announces Reorganization and New Business Direction

Company Reinstates Charter and Enters the Field of
Hemp Derived Cannabinoid Concentrates

Miami, Florida – (NewMediaWire) – February 16, 2021 – Amazonas
Florestal, Ltd.  (OTC: “AZFL”) (azflamerica.com), a
natural resources company dedicated to innovative, sustainable forest management,
the certification and sales of carbon credits,
and processing Industrial Hemp, today announced that the Company
has officially begun the process of reorganization. Company administrators have
reinstated the Company with the State of Nevada and its transfer agents,
rehired auditors to complete all of the pending filings and disclosures and
return the Company to current status as a Pink Sheets Information Tier company.
The present due date on the completion of these filings is: March 15, 2021.

The Company also announced that
it has organized a partially owned subsidiary, Green America Laboratories, that
will be dedicated to building a Hemp Oil extraction lab in South Florida. One
of the first of its kind this far south with standardized operating procedures
to produce bulk T-Free concentrates for the Florida and Latin American Markets.
Expected launch Date: May 15th, 2021. Stay tuned as many more updates will
follow.

AZFL’s present
board also announced that it will soon appoint new hires, officers
and directors, for both the parent company and for the new lab
subsidiary. Applicants are being considered to occupy several key
management positions to oversee the new operations. Furthermore, The
Company is in the process of moving its Headquarters to a new address in
the Miami area and also expects to announce the move
officially by or before March 30th, 2021.

Ricardo Cortez, Chairman of the
Board of Amazonas Florestal Ltd., stated: “After almost two years without
operations, looking for the right business combination to keep the company in
the Hemp Oil or Cannabis space, my team has been able to align with an
important group of investors from Mexico to organize this exciting new
subsidiary and establish it as an important player in the processing of
Industrial Hemp Biomass in South Florida. Hemp Biomass which is the lab’s
raw material for extracting premium oils, is expected to be in
surplus right here in Florida and we will be here to process this
fresh Florida Biomass into Hemp Oil extracts and products.
Florida’s Hemp program that began last year with plantations totaling about
22,000 acres planted will blossom into planting permits that the FDACS expects
to extend this year 2021 for more than 300,000 acres in the state.
 Just like we have seen in several other regions, local processors will
usually take longer to set up and a lot of the heavy harvest ends up at
processors in other states or even sometimes other countries. Our new
mission is to capture as much Florida Hemp Biomass as possible right
here in South Florida to manufacture premium bulk concentrates for the
emerging Florida and Latin American Markets.”

About Amazonas Florestal
Ltd. 

Amazonas Florestal Ltd. 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. In 2017, the Company shifted gears to
focus on the growth, harvesting, research and development of Industrial
Hemp and related products in the U.S.A. and for the U.S. and Latin Markets. In
2021, the Company will build an important Hemp Oil Extraction facility in South
Florida dedicated to the production of premium bulk cannabinoid extractions
derived from Hemp and products that use these extractions as an active
ingredient for Health and Wellness products.

Headquartered in Miami, FL,
Amazonas’ goal is to become a leader in field of Cannabinoid Extractions
serving labs that use these chemicals as a raw material for human and animal
health and beauty products. 

Disclaimer: Forward Looking
Statements

Forward-looking statements in
this release regarding Amazonas Florestal Ltd. are made pursuant to the
“safe harbor” provisions of the Private Securities Litigation Reform
Act of 1995. Investors are cautioned that such forward-looking statements
involve risks and uncertainties, including, without limitation, continued
acceptance of the company’s products, increased levels of competition, new
products and technological changes, the company’s dependence upon third-party
suppliers, intellectual property rights, and other risks detailed from time to
time in the company’s periodic reports filed with the Securities and Exchange
Commission.   

Contact:  

Amazonas Florestal 

Email: azflorestal@outlook.com

Website: azflamerica.com