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Novus Acquisition and Development Corp (NDEV)

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Last Post: 3/28/2017 2:31:20 AM - Followers: 104 - Board type: Free - Posts Today: 1


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 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
News News Alert: Novus Shows Positive Momentum In Year End Statements Quarterly Revenues Increased 16% Sequentially10-Fold Improvement in Key 03/27/2017 09:00:00 AM
PostSubject
#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: https://www.otcmarkets.com/stock/NDEV/filings. 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! https://finance.yahoo.com/news/golden-grail-technologys-accurateventure-no 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
#3005   When was that or did you mean 0.1????? BornAtNight 03/08/17 02:35:42 PM
#3004   I know I got it at .01 and Tryan2 03/07/17 02:55:20 PM
#3003   I believe end of year (2016) report is Englishman 03/07/17 01:40:20 PM
#3002   Harthay, I've been following NDEV since last October ICT67205 03/07/17 12:39:00 PM
#3001   NDEV settling in nicely here at 50-60 cent harthay 03/07/17 09:24:43 AM
#3000   Yes... I am now leaving this board MIKE18181 03/03/17 07:16:04 PM
#2999   That's a sad story. Was that when you atpsylee 03/03/17 02:33:47 PM
#2998   Yes, Frank said this we expand again MIKE18181 03/03/17 11:58:27 AM
#2997   did you actually put 447,000k of your retirement DaGreek1 03/03/17 10:34:35 AM
#2996   All - notice when Mike18181 is asked real harthay 03/03/17 09:10:14 AM
#2995   Well I wish the investors here the best BornAtNight 03/02/17 11:16:53 PM
#2994   Hey Mikey how was kindergarten. So, maybe imminent Englishman 03/02/17 03:49:30 PM
#2993   Mike who is the "they" that you claim harthay 03/02/17 02:59:23 PM
#2992   Ndev Mm activity a Trap MIKE18181 03/02/17 02:00:39 PM
#2991   NDEV having a nice quiet run up today! ICT67205 03/02/17 01:54:29 PM
#2990   http://thefreethoughtproject.com/congressman-introduces-bill-to-remove-cannabis- BullsRun2002 03/02/17 10:34:46 AM
#2989   Now is the time to load up on harthay 03/02/17 06:30:22 AM
#2988   Interesting, back down to the point where in BornAtNight 03/01/17 06:10:40 PM
#2987   Mike wont post here. You Win ! MIKE18181 03/01/17 08:23:54 AM
#2986   Kindergarten is finishing soon so I am sure Englishman 02/27/17 02:09:03 PM
#2985   Mike have you even been diagnosed with some BullsRun2002 02/27/17 12:30:42 PM
#2984   NDEV- Undervalued based on Book value MIKE18181 02/27/17 10:47:54 AM
#2983   Ok..No more expressing Facts about NDEV MIKE18181 02/27/17 10:22:50 AM
#2982   Mike18181 - I have read thru all your MMJwizard 02/27/17 06:07:26 AM
#2981   IR on board why MIKE18181 02/26/17 09:37:24 AM
#2980   I would like everyone who visits this message Englishman 02/24/17 05:34:31 PM
#2979   Mike18181 - how did you lose $ on harthay 02/24/17 04:20:12 PM
#2978   So why did you not make your position Englishman 02/24/17 04:04:03 PM
#2977   Frank i lost allmy retirement money. MIKE18181 02/24/17 03:43:04 PM
PostSubject