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Novus Acquisition and Development Corp (NDEV)

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Last Post: 6/21/2017 1:42:06 AM - Followers: 102 - Board type: Free - Posts Today: 0

Novus Acquisition and Development, Corp. (OTC Markets: NDEV),

the nation's first healthcare insurance carrier in the medical cannabis field and property and casualty sector, today announced its completed health coverage footprint for medical marijuana (MMJ) in California.

Novus' revolutionary MMJ health plan now covers approximately 110 cities across the state with its relationships with 20 dispensaries. For a complete list of cities and coverage, please visit:


Frank Labrozzi, Novus' Chairman and Chief Executive Officer, stated, "This milestone of our Provider Network (dispensaries and/or delivery services) in 100+ cities in California is significant representation of how we built our health insurance infrastructure. The Golden State represents 50% of the cannabis market with close to 1,000,000 registered patients averaging over $300 per month per cannabis transaction. Achieving this significant task puts Novus in a position of no longer turning down any patients for not having a Provider to service their geo-region."

With Proposition 64 on the ballot this November, all signs are pointing to a 60% approval by California voters. With a GDP of $2.5 trillion per annum, California has the economy that ranks eighth in the world, with marijuana being one of the biggest businesses. An approval would have a tremendously positive impact on Novus, as Proposition 64 imposes an excise tax on retail sales of recreational marijuana at 15% of sales price, and state cultivation taxes on marijuana of $9.25 per ounce of flowers and $2.75 per ounce of leaves resulting in a total retail sales tax of over 20%. However medical marijuana patients will receive an exemption on the taxation leaving Novus patient/members savings of 45% -50% on their monthly med purchases, based on $300 per month, with a minimum annual saving of $1,620 per patient. Drawing consumers ever so closely to medical benefit packages that Novus possess.

Novus Acquisition & Development Corp. (NDEV), through its subsidiary Novus Medical Group, Inc. and WCIG Insurance, provides health insurance and related insurance solutions within the wellness and medical marijuana industries in states where legal programs exist. Novus has positioned itself to gain market share within many lines of insurance business within and outside of the MMJ sector.

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NDEV News: Novus Announces Roll Out In Florida's Cannabis Market 05/09/2017 09:53:10 AM
NDEV News: Novus Featured on Cover of CannaInvestor Magazine March/April 2017 04/10/2017 09:30:00 AM
NDEV News: Novus Shows Positive Momentum In Year End Statements Quarterly Revenues Increased 16% Sequentially10-Fold Improvement in Key 03/27/2017 09:00:00 AM
NDEV News: Novus Adds Kerr Insurance Brokers for Third Party Administration Improves Efficiencies in Administration and Sales 02/06/2017 08:30:00 AM
NDEV News: Novus Expands MMJ Footprint Additional States And Outlook For 2017 01/18/2017 09:18:46 AM
#3058   NDEV Hunchbackgeek 06/21/17 01:42:06 AM
#3056   NDEV-Stock will get cheaper.(Why)? MIKE18181 06/20/17 11:32:21 AM
#3055 BullsRun2002 06/16/17 05:02:21 PM
#3054   Man, people should buy this stock up at BstrongFL 06/16/17 11:35:56 AM
#3053   NDEV- Forward looking statements / Excuses MIKE18181 06/13/17 11:51:46 AM
#3052   Novus Strengthens its Position as Many Major Insurers ICT67205 06/06/17 10:48:50 AM
#3050   NDEV- 20 X stock valuation for Insurance co.(HAOX) MIKE18181 06/02/17 10:22:21 AM
#3049   NDEV- When is your Insurance co. Writing a policy MIKE18181 05/31/17 09:32:45 PM
#3048   Why is this board so dead lately? Where BornAtNight 05/24/17 02:08:17 PM
#3046   NDEV- How will you expand with NO Capital MIKE18181 05/19/17 01:47:58 PM
#3045   NDEV Up 16%. GREEN Close Tuesday:) Hunchbackgeek 05/16/17 06:07:22 PM
#3044   Novus Announces Roll Out In Florida's Cannabis Market shell3 05/09/17 12:49:46 PM
#3043   NDEV Hunchbackgeek 05/04/17 12:04:29 PM
#3042   Short interest according to FINRA is way down BullsRun2002 05/02/17 03:43:53 PM
#3041   I'm betting on it $$, lol. BstrongFL 04/28/17 05:59:09 PM
#3040   If you are correct, then I say this BornAtNight 04/28/17 05:56:10 PM
#3039   I would imagine that the major Ins company BstrongFL 04/28/17 01:13:03 PM
#3038   So let's say the Federal gov did legalize TheBigWhale 04/27/17 09:10:15 PM
#3037   It is only a matter of time before BstrongFL 04/26/17 07:36:02 AM
#3036   I some what agree, I have my suspicions. BornAtNight 04/25/17 05:07:51 PM
#3035   NDEV is bullish, I've been watching this stock BstrongFL 04/20/17 09:56:47 AM
#3034   Novus Featured on Cover of CannaInvestor Magazine March/April/2017... Hunchbackgeek 04/17/17 01:19:48 PM
#3033   tight float, nice upward movement, short interest is BullsRun2002 04/12/17 10:25:17 AM
#3032   News! BullsRun2002 04/10/17 02:34:38 PM
#3031   What s pump - twitter adds all gone, 10daytradehailchaser 04/10/17 12:45:55 AM
#3030   Not many people here, looks like this stock Wesley1961 04/08/17 08:15:47 PM
#3029 BullsRun2002 04/06/17 03:03:26 PM
#3028   It boggles my mind with at the Big BullsRun2002 04/03/17 06:01:56 PM
#3027   Thanks! review the entire filing here: Hunchbackgeek 04/03/17 02:47:16 PM
#3026   My favorite part of the end of year atpsylee 03/28/17 02:31:20 AM
#3025   '$Pistol Pete$', great to see you here. I pennyvestor 03/27/17 09:30:44 PM
#3024   $NDEV Novus Shows Positive Momentum In Year End $Pistol Pete$ 03/27/17 11:43:22 AM
#3023   review the entire filing here: ICT67205 03/27/17 10:27:04 AM
#3022   I like what I see from NDEV this MMJwizard 03/27/17 09:30:49 AM
#3021   Yeah my bad I paid .025 for it Tryan2 03/26/17 09:20:35 PM
#3020   Thx for you interest in Novus Jaret, we JARDINER 03/25/17 08:38:39 AM
#3019   I find it ironic MMJwizard that the recent ICT67205 03/24/17 01:07:33 PM
#3018   Anyone know why NDEV stock down so much MMJwizard 03/24/17 12:40:16 PM
#3017   Almost time to buy again... Magnetics 03/23/17 04:04:59 PM
#3016   Thanks for the update! I'm going to grab BullsRun2002 03/22/17 04:23:24 PM
#3015   Info for those of us STILL holding NDEV ICT67205 03/22/17 04:00:44 PM
#3014   Pot + Trump = Profit's BullsRun2002 03/20/17 06:06:10 PM
#3013   ITS MORE THAN A FEELING . SEE PERFECT TIME!!! purplfox 03/16/17 02:13:44 PM
#3012   Way to go NDEV! Striking a strategic partnership MMJwizard 03/16/17 01:33:38 PM
#3011   NEWS! BullsRun2002 03/16/17 10:41:44 AM
#3010   Purplfox, you have news on NDEV based on ICT67205 03/14/17 10:01:04 PM
#3009   NDEV WHAT A GREAT TIME TO BE PART purplfox 03/14/17 07:49:40 PM
#3008   It's been a very mediocre month for NDEV ICT67205 03/13/17 01:34:16 PM
#3007   It's interesting to see more and more states BullsRun2002 03/13/17 12:24:06 PM
#3006   One of the top hedge funds in Australia BullsRun2002 03/10/17 11:44:36 AM