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Last Post: 11/8/2018 11:46:33 AM - Followers: 103 - 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 Enlighten Interactive TV to Bring its Cannabis MedPlan to the Masses Interactive Television Ads At Point Of 06/25/2018 08:30:00 AM
NDEV News: Novus Featured in PotNetwork Magazine with its Plan For Rollout in Canada's Lucrative Cannabis Market 06/18/2018 08:30:00 AM
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#3247   NDEV- OTCBB emerging growth stock. BUY !!!! MIKE18181 11/08/18 11:46:33 AM
#3246   3 States legalize, https://www.msn.com/en-us/news/politics/3-states-legalize-mar 3DClayman 11/07/18 01:44:13 PM
#3245   NDEV issues next level strategy as it continues 3DClayman 11/02/18 04:49:00 PM
#3244   get a life homy ! Tukutwo 11/02/18 10:28:41 AM
#3243   NDEV- Why don't you apply for Listing MIKE18181 10/08/18 12:08:15 PM
#3242   SEC- should investigate Novus for Manipulation MIKE18181 10/08/18 11:28:19 AM
#3241   NDEV to drop, as MM steal shares. MIKE18181 10/08/18 11:21:17 AM
#3240   I took a course in penny stocks. MIKE18181 10/08/18 11:19:04 AM
#3239   You have been here for years... Your NClucky 7 10/06/18 10:55:30 AM
#3238   NDEV- MM manipulation is evident. MIKE18181 10/05/18 02:57:58 PM
#3237   NDEV- Explosive growth! expected for Novus MIKE18181 10/04/18 02:31:29 PM
#3236   Nice bottom ;) Impacto 10/03/18 11:58:40 AM
#3235   Huge volume pullback, lots of support under 0.3. Impacto 10/02/18 03:49:34 PM
#3234   Easy ;) Impacto 10/02/18 03:13:30 PM
#3233   Close the gap at 40 cents willlbone 10/02/18 03:12:31 PM
#3232   Buying ;) Impacto 10/02/18 12:13:47 PM
#3231   Back to reality. willlbone 10/02/18 09:59:54 AM
#3230   Oh yes!!! Elcappy1 09/27/18 11:00:39 AM
#3229   Time FOR THE CLIMB BACK TO $0.80 Bieldog 09/25/18 11:51:45 AM
#3228   I thought you died? Selain7 09/25/18 09:41:07 AM
#3227   CNBC interview- Alcohol companies should be looking to 3DClayman 09/24/18 01:26:51 PM
#3226   Canada goes legal Oct 17th. 3DClayman 09/24/18 01:25:16 PM
#3225   Yes, good ;) Elcappy1 09/20/18 07:07:45 PM
#3224   Contact Information Bieldog 09/20/18 03:13:40 PM
#3223   whats the new bottom line when it keeps Bieldog 09/20/18 02:57:43 PM
#3222   Then why is it going up ?????? Bieldog 09/19/18 08:17:14 PM
#3221   Looks like we found the bottom here... Elcappy1 09/19/18 02:16:36 PM
#3220   Say, I check in every once in a BornAtNight 09/18/18 02:26:41 PM
#3219   NDEV- SELL! SELL! SELL! There selling MIKE18181 09/12/18 01:58:36 PM
#3218   NDEV-MM activity show decreases NO demand. MIKE18181 09/07/18 10:54:54 AM
#3217   Not fully reporting!? That seems a bit too BornAtNight 08/31/18 11:04:22 AM
#3216   NDEV- No US sales after footprint expansion. SELL ! MIKE18181 08/27/18 10:37:12 AM
#3215   NDEV- Trucking revenue prior is a HOAX MIKE18181 08/25/18 09:22:35 AM
#3214   NDEV had a news article on their site 3DClayman 08/22/18 12:39:45 PM
#3213   NDEV- has" No capital" for acquisitions. MIKE18181 08/21/18 11:14:54 AM
#3212   NDEV- This stock will continue to SLIDE down. MIKE18181 08/21/18 11:05:54 AM
#3211   Never I assume. Why would they? slambino 08/20/18 12:40:52 PM
#3210   When will you become a fully reporting company. MIKE18181 08/19/18 10:22:43 AM
#3209   https://www.youtube.com/watch?v=RcSOYjLwkLQ&feature=push-u-sub&attr_tag=JJ7 slambino 08/18/18 09:27:14 PM
#3208   Seeking Alpha sent and alert on HEMP today, 3DClayman 07/20/18 02:32:39 PM
#3207   Novus Partners with Enlighten Interactive TV to Bring MMJwizard 06/25/18 09:37:43 AM
#3206   $NDEV Novus Featured in PotNetwork Magazine with its $Pistol Pete$ 06/18/18 09:54:17 AM
#3205   It looks like some delays on the Canada 3DClayman 06/11/18 11:25:42 AM
#3204   What is going on hear? Why has BornAtNight 06/09/18 11:16:56 PM
#3202   Agreed...this is my 2018 pick...i typically flip but PurplePig 05/23/18 09:33:15 AM
#3200   Q1 2018 Results are out and another solid MMJwizard 05/16/18 12:34:38 PM
#3199   Haha far from dead. I bought at .01 Tryan2 03/31/18 01:34:20 PM
#3198   Not showing on the ticker. But can’t complain. Tryan2 03/31/18 01:28:58 PM
#3197   Novus 2017 Results Look Strong MMJwizard 03/29/18 09:34:12 AM
#3196   March is ending in 5 days, where is happylkk 03/26/18 12:39:16 AM
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