Investor Relations

Since 2015, Novus Acquisition & Development Corporation (NDEV), d/b/a Novus Cannabis MedPlanⓇ, has been a pioneer in integrating THC and CBD cannabis into health insurance plans for both medical and recreational cannabis consumers. With a network of over 1,200 agents, brokers, and dispensaries, NDEV generates revenue through insurance premiums and provides policyholders access to affordable treatment options. 

The company’s niche is offering cannabis as an alternative to opioids and protecting veterans from VA benefit denials due to participation in state-approved cannabis programs. NDEV’s sustainability is based on its receivable-based business model. It has attracted interest from major carriers and InsurTech platforms for future plan integration.