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Last Post: 1/11/2018 6:04:56 PM - 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:
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
#3189   http://www.maysville-online.com/news/local/house-bill-filed-for-medical-cannabis happylkk 01/11/18 06:04:55 PM
#3188   NDEV NEWS - Novus Addresses DOJ Guidance and MMJwizard 01/08/18 09:10:21 AM
#3187   To be clear, todays DOJ/Sessions news was all MMJwizard 01/04/18 06:42:22 PM
#3186   Similar for me Selain7 01/03/18 02:16:47 PM
#3185   Nice I’m up 2,707% gain on this stock Tryan2 01/03/18 01:28:31 PM
#3184   Actually not accurate I have called and gotten harthay 12/26/17 10:51:01 PM
#3183   I’m sorry for your loss. May he be rjunior79 12/25/17 11:47:12 AM
#3182   This stock is a dumpster fire... You can't MedicalMiracle 12/24/17 04:47:54 PM
#3181   Funny it’s steadily going up and few people MrAwesome10 12/20/17 10:39:18 AM
#3180   I'm loving the rise, but what's making it go? b-mike 12/20/17 10:13:29 AM
#3179   That's sad John, Prayers for Mike and the family. ammobox 12/11/17 01:55:46 PM
#3178   Sorry for your lose. Maybe Mike be smoking Selain7 12/10/17 03:38:18 PM
#3177  Restored Mike 18181 has passed away MIKE18181 12/08/17 10:14:05 AM
#3176   Yeah Mike get it together man. I'm already TRADEdeez 12/08/17 05:12:55 AM
#3175   Yes why whine about it and try to Franknstocks 12/07/17 11:12:22 AM
#3174   Mike18181 - please spare us your negativity and MMJwizard 12/06/17 04:05:41 PM
#3173   NDEV- Stock manipulation / requesting Audit ! MIKE18181 12/06/17 11:58:30 AM
#3172   I bought at .02 past up selling at Tryan2 12/05/17 10:45:13 AM
#3171   Yes, 402.000 loss in NDEV (Mislead shareholders MIKE18181 11/24/17 11:13:01 AM
#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
PostSubject