If your investment portfolio includes significant holdings in the cannabis sector, consider becoming a provider for Novus Cannabis MedPlan. By joining our network and incorporating your cannabis products into our health plans, you can gain a new source of revenue and strengthen your balance sheet position through our reimbursement strategy. Obtain all these benefits at zero cost.
Our health plan is to reimburse all cannabis verticals, regardless of whether they sell to recreational or medical cannabis users or they don’t patronize a specific facility or product.
Our approach allows these businesses to potentially record these reimbursements as assets on their balance sheets, improving their financial profile.
By increasing both revenue streams and net asset value, we can contribute significantly to the overall valuation of your cannabis portfolio companies.
We partner with exclusive cannabis-based product providers, offering our policyholders access to these products while increasing traffic to the provider’s brand. With reimbursement, territorial exclusivity, and no out-of-pocket expenses, Novus takes no revenue from cannabis, just policies. This makes it a win-win situation for all.
We compete with major big-box retailers, which have collectively generated $1.3 billion in CBD sales in the last 18 months. Novus offers prices that are 30% to 40% lower than those retailers, making it a more affordable option for customers.
Major carriers are embedding Novus plans and its cannabis network to attract and upsell customers, with Novus benefits packages as the only choice in the cannabis sector.
The passage of Schedule III and the SAFER Act is imminent, and this legislation will greatly impact the industry. While many verticals within the industry focus solely on cultivating and selling cannabis, they’re overlooking the potential benefits of forming strategic partnerships at no risk. Therefore, we are requesting institutional investors like you to understand the analytics behind this strategy and help us make the necessary introductions.
* Indicates Required Field
We are available Monday - Friday 9:00 am - 5:00 pm (EST) Email: info@getnovusnow.com
