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Novus Acquisition and Development Corp (NDEV)

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Last Post: 11/17/2017 2:50:50 PM - Followers: 100 - 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:
http://www.getnovusnow.com/nmg/california.

 

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 Partners with Silicon Valley Technologys PotBotics 08/02/2017 09:45:14 AM
PostSubject
#3170   Yup! This dude is unreal ! I wanna Tukutwo 11/17/17 02:50:49 PM
#3169   Is this dude for real? Sounds like something TRADEdeez 11/16/17 01:56:52 PM
#3168   So let me get this straight - Mike18181 MMJwizard 11/09/17 11:07:46 AM
#3167   NDEV- Thank you, enjoy your wealth MIKE18181 11/09/17 10:11:06 AM
#3166   NDEV-Yes, Your LIES cost me a lifetime MIKE18181 11/09/17 09:54:42 AM
#3165   The real Mike18181 MMJwizard 11/09/17 09:21:38 AM
#3164   NDEV- realized <loss> is not a GAIN MIKE18181 11/07/17 07:50:08 AM
#3163   NDEV in Cannabis Business Times MMJwizard 11/06/17 09:42:40 AM
#3162   NDEV- SELL me some car INSURANCE . MIKE18181 11/04/17 08:28:23 AM
#3161   Man you are taking mj penny stocks way TRADEdeez 11/02/17 10:30:42 AM
#3160   NDEV-Revenue not even a 1M in 7 years MIKE18181 11/02/17 08:09:50 AM
#3159   Novus adds KERR as 3rd party Administrator . MIKE18181 11/02/17 07:51:17 AM
#3158   Ahh yes MJ stock season is here. Although TRADEdeez 10/31/17 01:32:16 PM
#3157   What are you talking about? MMJwizard 10/31/17 12:13:43 PM
#3156   MM activity is a trap. MIKE18181 10/31/17 12:05:53 PM
#3155   NDEV up, up & away - here we go. MMJwizard 10/31/17 11:43:29 AM
#3154   Maybe the CEO can fire up the boiler Magnetics 10/31/17 10:02:57 AM
#3153   Novus Insurance co.( shed the development) MIKE18181 10/31/17 08:12:37 AM
#3152   NDEV- We acquired WCIG, no policies. MIKE18181 10/31/17 07:51:52 AM
#3151   Sounds like a whole lot of nothing. I Magnetics 10/30/17 10:20:16 PM
#3150   Novus Reports 62% Revenue Growth in Third Quarter 2017 MMJwizard 10/30/17 03:04:07 PM
#3149   NDEV-Please post why you never sold (1) MIKE18181 10/28/17 10:34:57 AM
#3148   NDEV- Pinoccio to join Novus board. MIKE18181 10/27/17 03:06:33 PM
#3147   Ndev- footprint in the buttox MIKE18181 10/27/17 02:37:37 PM
#3146   I can't understand why this is dropping.. When Magnetics 10/27/17 12:29:21 PM
#3145   NDEV- CEO why don't you tell shareholders MIKE18181 10/27/17 09:44:23 AM
#3143   If ndev closes week under .2296 we are Rguy 10/26/17 04:43:06 PM
#3142   Ndev- why no private placement. MIKE18181 10/26/17 01:55:40 PM
#3141   Mike18181 has been spreading negative postings on NDEV MMJwizard 10/26/17 12:52:53 PM
#3140   Hey Magnetics, apparently you cannot read a financial MMJwizard 10/26/17 12:19:13 PM
#3139   Hey Magnetics, apparently you cannot read a financial MMJwizard 10/26/17 11:29:10 AM
#3138   Hey Mike18181 you only have 3 followers and MMJwizard 10/26/17 11:17:10 AM
#3137   Mike18181 - why do you seem to have MMJwizard 10/26/17 10:30:18 AM
#3136   4th Consecutive Quarter of Sequential Increase in Revenue: MMJwizard 10/26/17 10:12:21 AM
#3135   Lower Lows every day! Looks like the Magnetics 10/26/17 10:07:19 AM
#3134   NDEV recent #'s look awesome!!! MMJwizard 10/26/17 10:06:00 AM
#3133   No Selling from CEO or any insiders. In MMJwizard 10/26/17 09:55:46 AM
#3132   These stocks have been bouncing off 200 week Rguy 10/26/17 09:48:07 AM
#3131   These stocks have been bouncing off 200 week Rguy 10/26/17 09:48:05 AM
#3130   NDEV-MM's activity very Negative! MIKE18181 10/25/17 03:24:29 PM
#3129   When should we expect the CEO to pump Magnetics 10/25/17 09:40:05 AM
#3128   NDEV- Titanic Watch! Don't lose it all! MIKE18181 10/24/17 03:34:20 PM
#3127   NDEV- Audit the revenue and Company MIKE18181 10/24/17 03:15:17 PM
#3126   I love the chart on this stock... On Magnetics 10/24/17 09:42:06 AM
#3125   EPS calculation on NDEV is ZERO MIKE18181 10/14/17 08:16:21 AM
#3124   NDEV- How to tell a SCAM MIKE18181 10/14/17 07:55:18 AM
#3123   Good morning Frank. Whatcha thinking about today? Magnetics 10/13/17 09:44:45 AM
#3122   Looks like Frank must have realized this gig Magnetics 10/11/17 09:43:38 AM
#3121   Mid 20's then meltdown coming(NDEV) MIKE18181 10/11/17 09:42:19 AM
#3120   MM activity shows no market for NDEV MIKE18181 10/10/17 04:06:08 PM
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