United Treatment Centers Inc. (OTC: UTRM), a provider of cannabis-related news through its PotNetwork subsidiary and operator of a used auto dealership through its Sunrise Auto Mall subsidiary, recently announced record revenue of $1,458,567 and net income of $181,157 during the first quarter of 2015 stemming largely from its Sunrise Auto Mall used auto dealership.
“These numbers are solid evidence of the stock profit potential we have developed,” said Sunrise Auto Mall President Steve Buckner. “This is extremely encouraging since we have sought to mature this establishment as a highly scalable business model that can be duplicated in numerous other prime locations – a plan of action which already appears to be on the threshold of reality.”
The company’s PotNetwork subsidiary recently exhibited at Denver’s High Times Cannabis Cup, which book place this past weekend at the Denver Mart. Management reported making a number of beneficial connections that are expected to contribute to the successful launch of its PotNetwork.com website and enhance its viewing audience in the early stages of its rollout.
Sunrise Auto Mall’s substantial revenue and net income helps financially support the PotNetwork subsidiary as a premier growth play within the cannabis industry. For investors interested in the cannabis industry, there are few opportunities to invest in profitable companies in the space, which makes the stock a compelling opportunity both in the short-term and long-term.
Shares of United Treatment Centers Inc. jumped 25% in midday trading on Tuesday, April 21, 2015 following the news release.
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