Wednesday, July 26, 2017 9:09:00 AM
Mike18181 and others - go to: https://www.getnovusnow.com to get educated.
Novus MedPlan for MMJ is not your typical health insurance plan coverage and cant be compared as such. Its a supplemental plan essentially for discounted rates for MMJ card holders from MMJ cultivators and dispensaries. Its registered with the legal state and for all purposes is a discounted loyalty program.
And yes its in its early growth stage and judging by the $20-30K of quarterly revenue, I would assume there are just 500 or so members paying the $20-25 monthly. But you could see/imagine the power of the business model in this emerging growth industry and what would #'s look like with just 2,000 lives, 5,000 lives, 10,000 lives, 25,000 lives covered. Lets see how/when NDEV ramps its exposure and lives covered. I would hope they would partner with credible firms in the cannabis space - marketing, social media, cultivators, growers = those with the audiences AND thats how they get to those # of lives covered AND then this will be a HOMERUN. So, lets give NDEV benefit of the doubt and see if they execute and partnerships like that which will in return drive business revenue. I have my hopes.
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