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Key Factors Driving Novus' Progressive Development in a Volatile Cannabis Market
Key Factors Driving Novus' Progressive Development in a Volatile Cannabis Market.

About this update from Novus Acquisition & Development Corp.
Key Factors Driving Novus' Progressive Development in a Volatile Cannabis Market Novus Acquisition and Development Corp. (OTC Markets: ( NDEV )), a leading national supplemental health insurance carrier and pioneer in offering cannabis embedded in health plans for both recreational and medicinal users, proudly maintains its sustainable organic growth business model despite the challenges posed by the turbulent cannabis stock market. Strategically positioning its cannabis health plans as a prominent player in the mainstream healthcare insurance market. Novus thrives on robust consumer demand, favorable regulations, and a receivable-based business model. Embracing the challenges within the cannabis industry, adapting proactively as regulations evolve. Key factors contributing to Novus's success include: Health Carrier Alliances : Novus Health Plan has garnered widespread acceptance in the healthcare and insurance industry, establishing itself as a trusted insurance provider. The company is actively engaging in constructive discussions with prominent health carriers to integrate Novus cannabis-based Rx plans into the future of healthcare coverage. State Government Support: Forward-thinking states lead the charge with progressive initiatives, actively promoting interstate commerce in the cannabis industry. Novus steadfastly maintains its dedication to expanding its cannabis health plans as a legitimate, valuable, and accessible option throughout the United States, harnessing the legislative backing of these visionary states. Compliance with the VA : Novus Health Plan has meticulously crafted health plans in strict compliance with the U.S. Department of Veterans Affairs (VA). Leading the charge in supporting veterans with chronic pain and PTSD, Novus takes pride in providing them access to state cannabis programs at significant discounts. This robust initiative exemplifies Novus's deep commitment to integrating cannabis as a vital solution for veterans' healthcare needs. In conclusion, Novus Health Plan stands at the forefront of a transformative era in healthcare insurance. With a solid foundation built on widespread acceptance and progressive state initiatives, Novus is primed to shape the future of comprehensive coverage and innovative solutions through its cannabis-based Rx plans. Continuously staying abreast of industry and regulatory advancements, Novus is firmly committed to empowering patients, supporting healthcare providers, and fostering positive change in cannabis-based treatments within their health plans. The company's visionary approach heralds a promising future where cannabis integration enhances the well-being of individuals and the healthcare landscape. Further Research: Financial Filings: Click Here Quote: Click Here Website : Click Here Investor's Page : Click Here About Novus Novus Acquisition & Development Corp. (NDEV) operates through its subsidiary, WCIG Insurance Services, Inc., offering health insurance and related insurance solutions in states with legal medical marijuana programs. With a robust infrastructure covering various insurance lines, including health, life, and fixed annuities, Novus is a leading health insurance carrier, using two key indicators to gauge value and performance. The Benefit Monetization Ratio measures the annual total of monetized policies, offset by the operating cost ratio, a Balance Sheet line item derived from Net Asset Value and calculated to the Price Book Value. Novus' medical cannabis benefits package operates as an outside developer. It does not engage in any activities related to the cultivation, handling, transportation, growth, extraction, dispensing, sale, marketing, vending, delivery, supply, circulation, or trade of cannabis or any substances violating United States law or the Controlled Substances Act. The company adheres strictly to state and federal laws and has no intentions to violate them in the future. It is important to note that statements regarding specific products have not been evaluated by the United States Food and Drug Administration (FDA) and should not be interpreted as intended to diagnose, treat, cure, or prevent disease. The information provided in press releases and product labels is for informational purposes only and should not be considered a substitute for advice from qualified healthcare professionals. Novus respects the individual transactions involving cannabis, which are solely between state-licensed dispensaries and registered patients. However, it's worth noting that state laws may conflict with the federal Controlled Substances Act. The current administration has indicated that federal law enforcement agencies will not prioritize prosecuting those complying with state-designated laws concerning medical marijuana usage and distribution. Nevertheless, changes in government policies and consolidation could impact the provider network, and there is no assurance that future administrations will not alter this stance. While Novus does not engage in the harvest, distribution, or sale of cannabis or cannabis-related products, the company could be affected if there were any shifts in enforcement by federal or state governments concerning existing laws. Such changes could result in significant financial implications for Novus and other industry players. Forward-Looking Statements This release includes forward-looking statements, which are based on certain assumptions and reflect management's current expectations. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of these factors include general global economic conditions; general industry and market conditions and growth rates; uncertainty as to whether our strategies and business plans will yield the expected benefits; increasing competition; availability and cost of capital; the ability to identify and develop and achieve commercial success; the level of expenditures necessary to maintain and improve the quality of services; changes in the economy; changes in laws and regulations, includes codes and standards, intellectual property rights, and tax matters; or other matters not anticipated; our ability to secure and maintain strategic relationships and distribution agreements. Novus disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Additionally, this press release that is not statements of historical fact may be considered to be forward-looking statements. Written words such as "may," "will," "expect," "believe," "anticipate," "estimate," "intends," "goal," "objective," "seek," "attempt," or variations of these or similar words, identify forward-looking statements. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. Investor Contact Information Investor Website 855-228-7355 Email: [email protected]
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