Business
How Novus Integrated Cannabis In Employer-Sponsored Health Plans
How Novus Integrated Cannabis In Employer-Sponsored Health Plans.
About this update from Novus Acquisition & Development Corp.
[{"type":"text","content":"Benefiting From Legislation, Technology, High Taxation Which Drives Consumer DemandMIAMI, FL – Lexis – September 20, 2022, – Novus Acquisition and Development, Corp. (OTC Markets: (NDEV), through its wholly-owned subsidiary WCIG Insurance Services, Inc. Operates as a hybrid health insurance carrier and, the nation’s first health carrier offering cannabis that is included in health plans for recreational and medicinal users. Today demonstrates how the regulatory landscape changes, high taxes, and technology will supply cannabis health benefits for the American Workforce.An estimated 12% of Americans consume cannabis and investors need to be well informed about the regulatory and technological changes that are poignant to their investment. These changes are favoring Novus’ first-mover advantage and how it strengthens new relationships with mid-tier and major Health Carriers including Big Pharma.For six years Novus’ first-mover advantage has built a network of cannabis verticals that perform as our Provider Network. Our foundation in health insurance has allowed us to adjust and adopt changes in the cannabis marketplace. For instance, alliances with health carriers and brokerage wholesalers that white label our plans in Group Sales and our social conscience in helping with Opioid Epidemic and Veterans' medicinal necessities.Significant Legislation ChangesCompassionate Care Act: Where employees are protected from termination for using medical cannabis, this has led the way for Employer-Sponsored Health Plans that include cannabis. Human Resources and Complexities of the Workforce: HR policies regarding cannabis will be the newest metric that companies use to recruit and maintain quality employees. Opioid Settlement Framework: Adjudicated settlement with Major Carriers and Big Pharma in $45 billion compensatory damages, rehabilitation, and opioid diversion programs. Novus Cannabis MedPlans can put them compliant with State Attorney Generals.The Veterans Cannabis Use for Safe Healing Act: Prohibits the Department of Veterans Affairs (VA) from denying VA benefits due to participation in a state-approved cannabis program(s). Allows the VA to prescribe medical cannabis to veterans and create a safe harbor for financial institutions and other businesses.Push Against Vertical Integration: State governments are looking tow...