This past Saturday Amazonas Florestal (OTCMKTS:AZFL) made a significant new announcement with regards to its new cannabis brand Tikal Dreams. It was noted that Tikal Dreams is going to be focused fully on the task of manufacturing, formulating, and delivering exclusively premium top-shelf products. It was a significant new announcement and one that might be of interest to many investors.
Trading Data
On Friday, AZFL stock ended flat at $0.0007 with more than 5.09 million shares, compared to a volume of 16.58 million shares. The stock moved within a range of $0.0006 – 0.0007 after opening trade at $0.0007.
AZFL launches Tikal Dreams
Tikal Dreams also noted that it was going to include two new products under its brand which have been specifically formulated for the purpose of relieving the discomfort and pain that is related to menstrual cycles in women.
It was also announced that bottled pink colored 20 MG Delta-8 fast-release capsules, as well as chewable, were going to be released later this month by the brand. The product in question is going to be launched as being complementary to the gummies, seltzers, and vapes that are all set to be launched soon.
At this point in time, only the labeling and packaging with regards to those products are pending. The announcement was a significant one and marks a move in an interesting direction for Amazonas Florestal brand.
Technical Data
AZFL stock is above the 20-Day and 50-Day Moving averages of $0.0006 and $0.0006 respectively. Moreover, the stock is trading above the 200-Day moving average of $0.0005. The company has a total market capitalization of $175K. The stock is up 40% over the past 6 months.
