A Revolutionary Health Plan Carrier
OTC Markets : NDEV www . getnovusnow . com Trade NDEV
Corporate Info
52 Week High / Low . . . . . . $ 0.17 / $ 1.16 Avg . Daily Volume . . . . . . . 467,000 shares Common Shares Outstanding . . . . . . 95.7M Float . . . . . . . . . . . . . . 19.2M Inside Ownership . . . . . . . . . . . 66 % Market Capitalization ( as of 1 / 10 / 18 @ $ 0.57 ) . . $ 50M NAV . . . . . . . . . . . . . $ 1.45M
About Novus
Novus is the nation ’ s first risk and non risk healthcare insurance plan . Additional lines of business is in property and casualty in the medical cannabis space
Within 1 year Novus transitioned from broker to carrier / aggregator expanding into a diversified multiple lines of business outside the MMJ space
Well-established in Washington , Oregon , California , Colorado , Arizona and Michigan to write policies as a carrier in risk and non-risk health plans , representing close to 70 % of the cannabis market
In Property & Casualty and Excess Surplus , current filings under review with top 10 states that have sizable insurance markets ; & subsequently file with the remaining U . S . states
Novus recently entered into Lloyds of London as a United States broker and up lift their status as a direct Lloyds Broker and place risk portfolios into the Lloyds syndicated market place
One of the few micro cap companies that can secure 100 % of institutional funds in their fixed annuities program , this will be used for balance sheet enhancement to write more policies and move risk to other reinsurance carriers in their respective business sectors
Diversification of the Insurance Model
As a Carrier Established each state ’ s MMJ statutory protocols for MMJ healthcare insurance and then integrate FinTech protocols into our web portal for customer cultivation , acquisitions and servicing
The portal design , makes it user friendly for consumers and insurance agencies to sell direct and give instant and easy access to a range of insurance solutions tailored specifically to particular insurance profiles
As an Aggregator The portal has established a footprint in the institutional insurance business where we are positioned to generate up to 40 insurance lines of business , plus automation of API gateways tied to 24 of the world ’ s most prominent insurance / reinsurance carriers
If the consumer chooses another insurance carrier Novus ’ portal can automate , as an aggregator , binding policies that will deliver another revenue stream and continue to replenish the enhancement of the balance sheet to focus on writing more policies
Investment Highlights
Market Drivers Infrastructure
Size of Legalized Cannabis Market is Diversity as a Carrier & Aggregator Tied to 24
Expected to Grow from $ 7.1B in 2016 to of the Major Carriers API Payment Gateways
$ 22.8B in 2020 ( according to ArcView Group ) State-by-State MMJ Protocols
29 States Legalized for Medical Automated Customer Acquisition / Service
7 States and Washington , DC Legalized for Insurance Portal
Recreational Expanded Footprint in Institutional Insurance ,
Projected 30 Million Americans Qualify for Property & Casualty and Specialty Insurance
Medical Cannabis Management
Business Model & Valuation Metrics
66 % Held by Management & Insiders NAV $ 1.45 Million
Diversified Expertise in Healthcare Management , Physicians Education , HMO , Pharma
100 + Providers Covering
10,000 + Area Zip Codes R & D , Compliance , Business Development , Wall Street Expertise in Mergers and
California Insurance Lic # 0K41569
Acquisition and Analytics
Novus Insurance Model
Novus is in the forefront and is first to market as a cannabis insurance entity in the United States and approval to enter into the Canadian market . With contractual agreements with 12 top CBD manufactures to deliver nationwide and close to 120 cities in the THC market gives Novus the ability to be a market leader in the risk and non-risk insurance sector . Charlotte ’ s Web CBD : An agreement that put Novus in the forefront was the contractual agreement with the makers of Charlotte ’ s Web a CBD by the Stanley Brothers . This accomplishment was largely contributed in 2014 when parents lobbying for the use of cannabis-derived Cannabidiol ( CBD non psychoactive ), orally administered oil for treatment of seizures , gained a lot of traction in the United States . This windfall put Novus in a position to execute an agreement for CBD products with the Stanley Brothers ( CW Botanicals and their nonprofit , Realm of Caring ) where Novus has an exclusive 65 % discount for our patient / members for the “ Advance Clinical Formula ”, as well as a 30 % discount of the “ Consumer Formula .”
Savings With Novus
MMJ |
Minimum |
Total |
Total |
Purchased |
Savings |
Savings |
Savings |
Per Month |
Per Member |
Per Month |
Per Year |
$ 150 |
25 % |
$ 37.50 |
$ 450 |
$ 250 |
25 % |
$ 62.50 |
$ 750 |
$ 350 |
25 % |
$ 87.50 |
$ 1050 |
$ 450 |
25 % |
$ 112.50 |
$ 1350 |
$ 550 |
25 % |
$ 137.50 |
$ 1650 |
* Above chart demonstrates the average medical marijuana purchase by consumers is a minimum $ 300 / month for CBD & THC based meds .
Novus Digital Marketing Platform
A major barrier of entry that is difficult to achieve for many cannabis-related businesses is that each state has their own regulation on how to market medical marijuana . Along with Facebook , Twitter and SnapChat , Terms of Service will not allow direct advertising for the sale of Federally illegal products . ROI in marketing and advertising is important in profitable conversion ratios . Initially , Novus ’ marketing strategy was to use third party vendors . But many digital marketers knew very little about cannabis marketing compliance and lacked the ability to reach the right target audience . Previously , Novus ’ ROI from Click through to Engagement was $ 35 per conversion which would give a 90-120 day to profit per member . After a few months of paying for non-performing digital marketers with non-effective tactical methods , Novus brought the marketing efforts in-house . Click through to Engagement is now $ 7 per conversion which gives a 30-day to profit per member . The marketing has shown great success for Novus in the past 30 days going from 3,000 unique impressions per day to 20,000 per day and increasing , generating inbound and outbound marketing strategies in B2B and B2C .
OTC Markets : NDEV www . getnovusnow . com