KINGWOOD, Texas, April 19 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.
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SOURCE International Merchant Advisors, Inc.