Cannabis Stocks News
Interactive Brokers Advertisement
Home > Boards > US OTC > Miscellaneous >

Novus Acquisition and Development Corp (NDEV)

Add NDEV Price Alert      Hide Sticky   Hide Intro
Moderator: Hunchbackgeek
Search This Board: 
Last Post: 9/11/2017 2:06:52 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:


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.

Cannabis Stocks News
Interactive Brokers Advertisement
Current Price
Bid Ask Day's Range
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
NDEV News: Novus Partners with Silicon Valley Technologys PotBotics 08/02/2017 09:45:14 AM
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
#3113   $$NDEV Hunchbackgeek 09/11/17 02:06:52 PM
#3112   NDEV !! LURKING !! WEEDWACKO 09/04/17 06:19:19 PM
#3111   Lloyds of London ( NDEV 100m a HOAX) MIKE18181 08/26/17 07:51:52 AM
#3110   Ndev An ATM machine for CEO . MIKE18181 08/24/17 07:17:43 PM
#3109   Fraud Alert ( NDEV). The unaudited reports . MIKE18181 08/24/17 06:18:15 PM
#3108   Sorry paid for poster by Frank... Mike has Magnetics 08/24/17 10:50:01 AM
#3107   LOL - Mike18181. And I am laughing AT MMJwizard 08/23/17 10:33:13 AM
#3106   You cant figure that out with the press MIKE18181 08/23/17 03:55:52 AM
#3105   Mike18181 - so if you are not a MMJwizard 08/22/17 11:24:45 AM
#3104   Ndev will Get cheaper. MIKE18181 08/22/17 02:38:00 AM
#3103   Short seller no. anti fraud alerter. I can MIKE18181 08/22/17 02:36:21 AM
#3102   No one pays attention to him. He was Selain7 08/21/17 08:43:37 PM
#3101   From my perspective, I see NDEV as an MMJwizard 08/21/17 10:29:49 AM
#3100   Mike18181 - who are you and why do MMJwizard 08/21/17 10:24:31 AM
#3099   NDEV-The CEO is a Fraud. MIKE18181 08/18/17 03:14:18 PM
#3098   NDEV- is a HOAX ( Stcok manipulation Scheme) MIKE18181 08/18/17 03:09:25 PM
#3097   SEC- Has several complaints for (NDEV) MIKE18181 08/18/17 03:03:34 PM
#3096   I'm telling you it's a scam... I went MedicalMiracle 08/18/17 02:35:46 PM
#3095   NDEV- Quarterly reports are FALSE ! MIKE18181 08/18/17 11:17:56 AM
#3094   What a remarkable MMJwizard 08/16/17 06:45:25 PM
#3093   Novus Reports 121% Revenue Growth in Second Quarter 2017 MMJwizard 08/16/17 09:26:35 AM
#3092   where does she bounce? Fibanotch 08/14/17 08:22:10 AM
#3091   Novus revolutionary MMJ health plan now covers approximately Hunchbackgeek 08/13/17 01:07:01 PM
#3090   Nice deal - go NDEV!!! MMJwizard 08/03/17 10:01:02 AM
#3089   Interesting deal, nice to see NDEV incorporating technology BitCoin78 08/02/17 01:04:59 PM
#3088   NDEV Company Profile: Hunchbackgeek 07/29/17 01:56:06 PM
#3087   Anyone can file for a corporation, doesn't mean BitCoin78 07/28/17 10:06:18 AM
#3084   For this business model to work they need BitCoin78 07/27/17 11:01:35 AM
#3083   NDEV Business Model explained: MMJwizard 07/26/17 09:09:00 AM
#3082   NDEV- cant write a SINGLE POLICY. WHY? MIKE18181 07/25/17 11:01:42 AM
#3081   Who is this Mike18181 and why does he MMJwizard 07/24/17 03:47:52 PM
#3080   Securities and Exchange ( NDEV are FRAUDSTERS ) MIKE18181 07/22/17 11:07:48 AM
#3079   (NDEV) Frank Librozzi will go to JAIL ! MIKE18181 07/22/17 11:06:35 AM
#3078   ( NDEV) Unaudited Reports = FRAUD MIKE18181 07/22/17 11:01:33 AM
#3076   After reading the post of Medical Miracle, it MMJwizard 07/20/17 12:05:18 PM
#3075   FACTS from NDEV filings, should be checked before MMJwizard 07/19/17 02:51:39 PM
#3074   The Bollinger Bands indicate a contraction in volatility. Blue_Whale 07/18/17 02:02:16 PM
#3073   Novus (NDEV)- No revenue a FRAUD ! MIKE18181 07/18/17 10:52:32 AM
#3072   The real question is why is this up Double J bus 07/18/17 10:25:33 AM
#3071   Ndev is a scam. Sell! MIKE18181 07/17/17 06:59:44 PM
#3070   SOLD everything today... it's definitely a scam. I MedicalMiracle 07/17/17 11:47:11 AM
#3069   Kind of seems like a pyramid scheme, after Tryan2 07/13/17 03:05:42 PM
#3068   Correct. I am an Insurance Broker. It seems mgrove77 07/11/17 02:22:57 PM
#3067   Novus( NDEV) is Misleading all shareholders MIKE18181 07/11/17 11:23:12 AM
#3066   RE: NDEV novus- I filed an SEC COMPLAINT MIKE18181 07/11/17 11:12:22 AM
#3065   Anyone check with the Insurance Commission in Nevada mgrove77 07/10/17 02:27:45 PM
#3064   $NDEV SS and Business Description Hunchbackgeek 07/10/17 01:14:16 PM
#3063   SEC please investigate Novus (NDEV)! MIKE18181 07/01/17 09:25:52 AM
#3062   NDEV- CEO 2m shares a year, and no revenue MIKE18181 07/01/17 09:11:52 AM
#3061   Im gonna check and make sure these guys mgrove77 06/29/17 09:31:56 PM