International Merchant Advisors CEO Locates First New Wellness Centers and Medical Marijuana Clinics
KINGWOOD, Texas, Feb. 24 /PRNewswire-FirstCall/ -- International Merchant Advisors, Inc. (Pink Sheets: IMAI) www.imaiinc.com announced today that the company has identified three prospective new locations as well as possible acquisitions for the company's new Wellness Centers and Medical Marijuana clinics. IMAI intends to simultaneously pursue both an acquisition program as well as original licensing and development in a number of states where medical marijuana has not only been legalized, but is allowed to be operated on a "for profit" basis. These include Montana, Colorado, and New Mexico, among other opportunities currently being pursued.
Mel Roseman, CEO of IMAI, commented, "We are looking at a number of near term opportunities for expansion of our new Wellness Centers and Medical Marijuana clinics, and believe we will have an announcement in the near future of our first actual operations in this area. It seems that every day we are seeing more credible evidence of the value of medical marijuana as a natural alternative to prescription drugs for chronic pain patients, and we believe that this market is not only needed but a tremendous, profitable new market for the company to focus its efforts on."
About International Merchant Advisors, Inc.
International Merchant Advisors, Inc. (IMAI) www.imaiinc.com is an international business banker and builder of companies. IMAI provides direct access to the critical tools necessary to satisfy the growth requirements of international emerging and re-emerging public and private companies. These tools include providing strategic advisory services, capital raising strategies, direct access to capital markets, and organizational development and business plan execution.
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.
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