Business
Novus Cannabis MedPlan Issues Next Level Strategy as it Continues its Profitable Growth Ramp
Novus Cannabis MedPlan Issues Next Level Strategy as it Continues its Profitable Growth Ramp.
About this update from Novus Acquisition & Development Corp.
[{"type":"text","content":"\nCannabis MedPlans Advantageous in Selling Health Insurance in U.S. and Canada\n MIAMI, FL, Oct. 23, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Novus Acquisition and Development, Corp. (OTC Markets:  NDEV), through its wholly owned subsidiary WCIG Insurance Services, Inc., a diversified insurance entity in health, liability, annuity and accident and the nation’s first carrier/aggregator offering a cannabis health plan, is proud to provide an update on its progress in normalizing cannabis in the health insurance market place. Additionally, Novus expects to file its third quarter ended September 30, 2018 operating results and provide its financial update to shareholders by mid-November. Next Level Strategy Focus On Continual Profitable Growth Novus Chief Executive Officer, Frank Labrozzi, stated, “As we see mid-term elections upon us, we see the promise legalized cannabis growing until it is approved federally. Since the second quarter of 2016, Novus has generated consistent growth with our disciplined focus and persistent business model execution; we are continuing our drive towards world-class efficiency as an international health insurance entity. The positive results of our disclosure statements are a direct magnitude of our performance over the past 18 months despite being limited in depository relationships in banking and branding initiatives by major Internet networks. However these drawbacks are easing, we see a robust attentiveness to our business model from the cannabis consumer and vendors, impacting Novus’ quarterly results.” Novus’ sustained growth is and will be attributed to the following four next level strategies that are being deployed: i.         The alignment of Big Pharma, Retail Pharmacies and Health Plan Carrier as they gather strong holds in medical cannabis sector ii.         Which will augment the expansion and roll out of Novus MedPlan, globally iii.         Locking up strategic relationships with Professional Employment Organization’s (PEO) to sell Novus Cannabis MedPlan as employee benefits (i) Alignment of Big Pharma Retail Pharmacies and Health Insurance Strongholds in the future cannabis sector will be in the three key areas: a) ...