International Merchant Advisors, Inc. Announces Healing Arts Licensed Medical Marijuana Dispensary Reaches Record Number of Patients in San Diego, California
KINGWOOD, Texas, April 19 /PRNewswire-FirstCall/ -- International Merchant Advisors, Inc. (Pink Sheets: IMAI.PK) www.imaiinc.com announced today that the Healing Arts Cooperative Medical Marijuana dispensary located in San Diego, California has reached a record number of patients served at approximately 1300 and growing daily. IMAI's subsidiary, Organic Science, Inc., acts as the manager of the facility on behalf of its non profit owners. Healing Arts is fulfilling the needs of medical marijuana patients in San Diego, and continues to grow on a daily basis.
Organic Science CEO John Flinn commented on Healing Arts growth, "IMAI foresees substantial growth ahead for Healing Arts, including new locations and internally generated growth. Since we are paid management fees based on the gross revenues of Healing Arts, we benefit from every new dollar of revenue increase. IMAI is the only publicly traded company that is now generating actual revenues from the operations of medical marijuana clinics, and our revenue growth model of managing non profits and operating our own clinics for profit in those states that allow this will show substantial revenue increases for our shareholders."
About International Merchant Advisors, Inc.
International Merchant Advisors, Inc. (IMAI) www.imaiinc.com is an international business banker and builder of companies focused on the development of Wellness Centers and Medical Marijuana clinics as a natural alternative for individuals suffering from chronic pain. IMAI intends to bring professional systems and controls to this highly fragmented mom and pop business, with medical supervision and legal compliance standards designed to raise the performance bar for those entering this highly regulated business segment. The company will acquire existing businesses, license and develop new clinics, and will act as an operations manager for non profit entities that dispense medical marijuana.
Forward-Looking Statements
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report.
SOURCE International Merchant Advisors, Inc.
Share this article