Press Release
Novus Reports Q1 Results And Key Success Factors Following DEA Rescheduling
–News Direct–
Miami, Florida – (ThriveNewsWire) – Novus Acquisition & Development Corp d/b/a Novus Cannabis MedPlan (OTC Markets: (NDEV) is a leading national supplemental health insurance carrier and pioneer in offering cannabis in health plans for recreational and medicinal users. It released its update on its Q1 2024 results, Rx Dispensing Platform, and Key Elements that fuel its success after the Drug Enforcement Agency (DEA) announced that cannabis will be rescheduled.
Novus Cannabis MedPlan (Novus) has been integrating cannabis into health plans since 2015. With a network of over 1,200 agents, brokers, and dispensaries, Novus aims to make cannabis-based treatments more affordable and accessible through insurance plans, benefitting a wider range of consumers.
Here are three key highlights that contribute to Novus' success.
1) Financial Snapshot:
The company utilizes a receivable-based business model with minimal overhead and no convertible debt, demonstrating consistent organic growth year over year.
No Dilution: No common stock has been issued after June 15, 2021.
No Sales of Insider Shares: For close to 3 years
Gross Revenue Increase: During this reporting period, Gross Revenue increased by 6.8% compared to March 31, 2024 and 2023, respectively,
Net Revenue Increase: During this reporting period, EBITDA increased by 19.47% compared to March 31, 2024, and 2023.
Profit Margin: During the reporting period, the company experienced a gradual increase in gross profit margins, with margins of 43.14% in 2023 and 45.2% in 2024
Cash and Cash Equivalents: There was an increase of 1.8% compared to the financial reporting periods on March 31, 2024, and December 31, 2023. This is in contrast to the higher increase of 6.84% in the period from March 31, 2023, to 2024.
Debt Transparency: Frank Labrozzi, the CEO, is owed $158,061. He has no plans to exercise the call provision, and this debt instrument has no equity conversion provision.
Leak Out Vendor Shares: All vendors who received treasury-issued stock must gradually sell their shares. The selling amount is determined based on 15% of the average daily trading volume over the past 30 days.
2) Introducing the Rx Dispensing Platform
Novus is strategically positioning its cannabis health plans to become a prominent player in mainstream healthcare insurance by acquiring an Rx Dispensing Platform tech stack. Frank Labrozzi, CEO of Novus, stated, "This advancement will significantly impact cannabis in health plans. By promoting collaboration between brands and dispensaries, we aim to empower policyholders with more choices, enabling them to purchase the brands they prefer at any dispensary.
Cannabis brands can use the platform to connect directly with dispensaries and showcase their products at no cost. This will improve product distribution efficiency, increase brand visibility, provide real-time inventory data, and facilitate product research for the policyholder.
An added bonus to For Rec Users: This platform serves recreational users who prefer not to disclose personal information like their policyholder status to access plan benefits. Instead, users can discreetly order services for a small subscription or transaction fee.
3) Key Success Factors
Midwest Expansion: Novus has partnered with Heya Wellness, a prominent cannabis company in Missouri, to offer MedPlans to 4.3 million potential policyholders in the Midwest. By leveraging Missouri's favorable reciprocity laws, Novus aims to maximize the benefits for our sales hub based in St. Louis.
Health Carrier Alliances Integration with Traditional Healthcare:
By treating cannabis as a traditional pharmaceutical product and including it in insurance plans, Novus could help normalize cannabis use for medical, recreational, and non-users. Now that there is federal approval, Novus bridges traditional healthcare and the cannabis industry, enhancing major healthcare carriers who have expressed interest in integrating Novus' cannabis-based prescription plans into their benefits packages, establishing a connection between the two industries.
Compassionate Care Act (CCA): The CCAs, which the Supreme Court sanctions, typically focus on making medical marijuana accessible to workplace patients with specific conditions. Human Resources departments are revising workplace policies to allow employees to access medical marijuana through employer-sponsored health plans. Novus plans to cover some costs through tax-deductible health savings and health reimbursement accounts.
Opioid Settlement Framework:
The opioid settlement framework is a legal agreement aimed at resolving litigation against pharmaceutical companies and health carriers accused of contributing to the opioid crisis. It includes $50 billion for prevention, treatment, and recovery programs with the goal of mitigating the crisis' impact and preventing future misuse. Novus is playing a crucial role in reducing opioid use by offering states and private organizations alternative treatment options through our developed health plans that help patients transition from opioids to medical cannabis.
Compliance with the Veterans Affairs (VA): Veterans are increasingly interested in utilizing cannabis for treatmentover 88% support medical cannabis programs. Novus has developed health plans following VA guidelines to integrate cannabis benefits for veterans.
In closing: As Novus adjusts to the positive changes in federal cannabis regulation, we are prepared to utilize our niche approach to cannabis in health plans, which utilizes a receivables-based business model. This approach strategically enables us to organically invest in critical areas such as marketing, improving engagement with policyholders and providers, and establishing a reliable cash flow management system. This positions Novus as a significant player in the fast-evolving cannabis integrated into health insurance plans. Do your research on our company to understand our potential in shaping the future of healthcare. Visit our Investor Relations page to see for yourself.
About Novus
Further Research:
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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. Dilution, if any, would be for the purposes of management taking stock in lieu of cash salary. 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
855-228-7355
Email: pr@getnovusnow.com
Contact Details
Novus Acquisition
Frank Labrozzi
+1 305-467-6699
Company Website
View source version on newsdirect.com: https://newsdirect.com/news/novus-reports-q1-results-and-key-success-factors-following-dea-rescheduling-714937832
Novus Acquisition & Development Corp
COMTEX_453333339/2655/2024-06-04T08:05:52
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
UK FINANCIAL LTD LAUNCHES UK FINANCIAL WORLD THROUGH NEW PROJECT-MANAGEMENT PARTNERSHIPS
UK Financial Ltd introduces UK Financial World, a new division created to partner in the management, development, promotion, and long-term growth of meme coins, cryptocurrency projects, blockchain ventures, and tokenized real-world assets. Through its Management Partner Program, UK Financial World will collaborate with independently owned and corporate blockchain projects, providing strategic management, marketing, technology, and operational support while helping expand the next generation of Web3 innovation.
Dover, De, United States, 4th Aug 2026 – UK Financial Ltd today announced the creation of UK Financial World, a new division established through a strategic partnership focused on the management, development, promotion, and expansion of digital-asset projects.

The new division will operate through the official domain, UK Financial.World, and will provide a dedicated platform for UK Financial Ltd and its partners to jointly manage a wide range of blockchain-based ventures.
UK Financial World will serve as a partner-manager for different categories of projects, including meme coins, community-driven tokens, traditional cryptocurrency projects, blockchain applications, and tokenized real-world assets.
As part of the UK Financial World Management Partner Program, eligible holders of MAYA3, the official gas token of the upcoming UK Financial Ltd Layer 3 blockchain, MAYA-CHAIN, will qualify to receive complimentary tokens from projects entering the program.
To qualify, MAYA3 must be held in the holder’s MayaPro Wallet, allowing the company to verify eligibility and distribute the partner-project tokens directly. After receiving the complimentary tokens, holders may transfer them from their MayaPro Wallet, subject to the applicable terms and transfer requirements of each project.
The first two projects entering the UK Financial World Management Partner Program are KIM JONG JELLY 3 (JELLY), and COQUIZILLA (COQZ).
KIM JONG JELLY ($JELLY) is a community-driven meme coin built around the outrageous parody of a man who hated America until he discovered the jelly. Supported by a social-media community of more than 50,000 members, the project combines internet humor, meme culture, and community participation with the goal of becoming one of the crypto industry’s next recognized meme-coin projects.
COQUIZILLA ($COQZ) is a Puerto Rican-inspired meme coin built around the legendary coquí frog—the smallest frog with the loudest voice. Created for entertainment and community engagement, $COQZ combines viral internet culture with a bold, recognizable mascot designed to grow into a global Web3 brand through memes, digital content, gaming, and community participation.
UK Financial World is providing token holders with seven days from today (August 10,2026) to satisfy the program’s eligibility requirements. Eligible holders who own MAYA3 at the end of the seven-day qualification period will receive complimentary distributions of KIM JONG JELLY ($JELLY) and COQUIZILLA ($COQZ) Tokens.
UK Financial Ltd will distribute complimentary tokens to all eligible MAYA3 holders who qualify by August 31, 2026.
As long as they remain eligible holders of MAYA3, they will also qualify to receive complimentary tokens from all current and future projects entering the UK Financial World Management Partner Program. The qualifying MAYA3 tokens must be held in the holder’s MayaPro Wallet when eligibility is verified, and every distribution will remain subject to the terms and requirements of the applicable project.
Through the program, each project can receive a dedicated identity, management structure, development strategy, marketing direction, and long-term growth plan while benefiting from the combined experience, relationships, technology, and infrastructure of the partners.
UK Financial World will also allow UK Financial Ltd to partner with and manage independently owned projects without creating the impression that every project is owned directly by UK Financial Ltd. Certain projects may remain owned by their founders, creators, or outside partners, while UK Financial World participates as a strategic management, development, and operating partner.
The official UKFinancial.World platform will become the central destination for information regarding the division’s partnerships, managed projects, token launches, meme-coin initiatives, blockchain developments, and tokenized real-world asset programs.
The launch of UK Financial World represents the continued expansion of UK Financial Ltd and establishes a dedicated home for new partnerships across the digital-asset, blockchain, meme-token, and real-world asset industries. The division will continue to expand through strategic partnerships.
Project owners interested in joining the UK Financial World Management Partner Program may submit their applications through the official UKFinancial.World website:
To Read Company Press Please Visit Our News Room At: https://ukfinancialltd.com/news
Media Contact
Organization: UK Financial Ltd
Contact Person: James Dahlke
Website: https://ukfinancialltd.com
Email: Send Email
Contact Number: +13024889798
Address:8 The Green
Address 2: Suite A
City: Dover
State: De
Country:United States
Release id:47850
Disclaimer: This announcement is for informational purposes only and does not constitute investment, financial, legal, or tax advice, or an offer or solicitation to buy or sell any digital asset or security. Participation in any blockchain or digital asset project involves risk, and individuals should conduct their own independent research before making any decisions.
The post UK FINANCIAL LTD LAUNCHES UK FINANCIAL WORLD THROUGH NEW PROJECT-MANAGEMENT PARTNERSHIPS appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Explora Books Republishes ‘Sanctuary’ by Karen East
Explora Books announces the republication of Karen East’s Sanctuary under the Explora Books imprint, bringing renewed attention to the novel’s layered vision of a fractured near-future America. Blending speculative fiction with literary storytelling, Sanctuary returns to readers as an exploration of power, resilience, and the importance of community.
Vancouver, British Columbia, Canada, 4th Aug 2026 – Set in Minneapolis in the early 2040s, Sanctuary imagines an America shaped by environmental decline and creeping authoritarianism. Under the government’s “Rebirth of the Cities Plan,” families are sorted into neighborhoods policed by listening devices, elderly citizens are relocated without consent, and a single accusation can strip a household of its future. Against this backdrop, journalist Janet Ryan uncovers the cost of her parents’ compliance and the rumored existence of a clandestine network helping the desperate slip beyond Homeland Security’s reach. East builds tension through the accumulation of small, chilling compromises ordinary people make to survive.

What distinguishes Sanctuary from many entries in the dystopian genre is the warmth running alongside its warnings. Interwoven with Janet’s story is life on an Anishinaabe reservation, where an elder’s passing is honored with a traditional ceremony of drumming, tobacco offerings, and the community that gathers around it. These chapters, grounded in ritual, humor, and multigenerational care, offer a counterweight to the novel’s surveillance state: a portrait of a community that has protected its resilience and sense of belonging for generations.
The result is a novel that explores both what people fight to preserve and what they fear losing.
That authenticity draws directly on the author’s own background. Karen East is a retired marriage and family therapist who spent nineteen years working with American Indian tribes across the Midwest, an experience that informs the novel’s unhurried, clear-eyed depiction of Indigenous family and community life. She has two children, a grandson, and four great-granddaughters, and lives in northern Wisconsin.
With this republication, Explora Books positions Sanctuary for readers seeking speculative fiction that offers more than a cautionary tale, presenting a story of isolation, resilience, and the communities that sustain hope in the face of uncertainty.
Sanctuary is now available in paperback and hardback through Amazon and other major online bookstores.
About Explora Books
Explora Books is a book marketing firm located in the heart of Vancouver, British Columbia, Canada. The company specializes in self-publishing and marketing, taking pride in its exhaustive research and creative strategies that provide wider avenues for aspiring authors to gain recognition for their works. Explora Books aims to guide authors through the complexities of self-publishing, offering convenient solutions to navigate this process. The firm fosters and redefines creativity and innovation, setting new industry standards. Explora Books is dedicated to empowering authors globally.
Media Contact
Organization: Explora Books Ltd
Contact Person: Simon Pratt
Website: https://explorabooks.com/home
Email: Send Email
Contact Number: +16043306795
Address:Jameson Offices, 838 W Hastings St w, Vancouver, BC V6C 0A6, Canada
City: Vancouver
State: British Columbia
Country:Canada
Release id:47849
The post Explora Books Republishes ‘Sanctuary’ by Karen East appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Dublin World Humanitarian Day Event to Highlight Practical Skills for Helping Others
Programme at the Church of Scientology & Community Centre of Dublin will connect international humanitarian principles with everyday community service
Brussels, Brussels, Belgium, 4th Aug 2026 — A World Humanitarian Day programme focused on community service and practical methods of helping others will be held at the Church of Scientology & Community Centre of Dublin on Saturday, 29 August 2026.

The three-hour programme, scheduled from 2 p.m. to 5 p.m. at the centre on Firhouse Road, Dublin 24, will celebrate humanitarian service and introduce techniques that people can use when assisting relatives, neighbours, colleagues and members of their communities.
The event will place the international observance within a local context, examining how humanitarian values can be expressed not only during major disasters but also through organised community work and individual acts of practical assistance.
Humanitarian service is often associated with emergency teams operating in areas affected by natural disasters, displacement or severe hardship. At community level, however, the same principles can be seen when volunteers help an isolated resident, support a family facing difficulties, organise essential supplies or provide additional hands to a civic or charitable project.
The Dublin programme will examine skills intended to help individuals respond constructively when someone around them is experiencing stress, confusion or practical difficulty. The subjects include communication, organisation, conflict resolution and methods of providing calm and responsible support.
These areas form part of the training used by Scientology Volunteer Ministers, a religious social-service programme established in the mid-1970s by Scientology founder L. Ron Hubbard.
The programme is based on the principle that individuals can become more effective in helping others when they are equipped with practical knowledge and are prepared to apply it responsibly.
“Humanitarian responsibility is not confined to institutions, governments or international organisations,” said Ivan Arjona, representative of the Church of Scientology to the European Union, the OSCE, the Council of Europe and the United Nations.
“It is also expressed through citizens who notice when help is needed and who possess the skills, discipline and willingness to respond. European values of human dignity, solidarity and civic participation become meaningful when they are reflected in practical service within our neighbourhoods and communities.”
Arjona added that humanitarian education can help strengthen local resilience by enabling people to cooperate more effectively during both ordinary difficulties and larger emergencies.
From an international observance to local responsibility
The United Nations observes World Humanitarian Day each year on 19 August to recognise humanitarian personnel and the people who provide assistance to communities affected by crises.
The annual observance draws attention to humanitarian needs around the world and to the importance of protecting those who deliver assistance. It also provides an opportunity to consider the contribution of volunteers and community organisations that work outside the international humanitarian system but share the objective of reducing hardship and preserving human dignity.
The Dublin event will take place ten days after the official United Nations observance, extending its themes into a programme centred on practical community service.
Ireland has a long tradition of voluntary involvement in social care, education, sport, cultural life, neighbourhood development and support for vulnerable people. Much of that work takes place through local associations, charities, faith communities and informal networks whose members contribute their time and experience.
Such activity can become particularly important when public services or specialist organisations require additional community support. Volunteers may assist with logistics, communications, distribution, administration or direct care, depending on their training and the needs of the situation.
Practical tools for everyday situations
The methods introduced through the Volunteer Ministers programme are drawn from The Scientology Handbook, compiled from the works of L. Ron Hubbard.
Its 19 areas of study cover subjects including communication, study and learning, marriage and family relationships, children, workplace difficulties, personal integrity, organisation, setting goals and resolving conflicts.
The Volunteer Ministers training programme presents these subjects through individual courses designed to provide step-by-step methods that can be applied in everyday situations.
A person attempting to help may have good intentions but still lack the communication or organisational skills needed to improve the situation. Training can provide a clearer structure: establishing what has occurred, listening to those involved, identifying immediate priorities and coordinating useful action.
Communication is particularly important when people are distressed or when several groups are attempting to work together. Misunderstandings can delay assistance, create unnecessary tension or lead to duplicated efforts. Clear communication and defined responsibilities can make community responses more orderly and effective.
Conflict resolution is another area with direct relevance to humanitarian and civic work. Volunteers frequently encounter people with different backgrounds, beliefs and expectations. The ability to reduce hostility and restore cooperation can be essential when assistance depends on several individuals or organisations working together.
The programme also includes organisational principles that may be used when coordinating activities, distributing materials, managing volunteers or establishing a sequence of priorities.
Volunteer Ministers and humanitarian service
The Scientology Volunteer Ministers programme in Dublin forms part of an international network whose members participate in community projects and provide assistance following emergencies and disasters.
Volunteer Ministers have worked with public authorities, emergency responders, religious communities, charities and other voluntary groups. Their activities have included organising and distributing supplies, assisting at shelters and collection centres, cleaning damaged premises and supporting logistical operations.
The programme’s motto, “Something can be done about it,” reflects Mr. Hubbard’s view that people should not regard social and personal difficulties as inevitably beyond their ability to influence.
In everyday settings, this approach may involve helping a community organisation prepare an event, assisting someone who is struggling to communicate a problem, supporting a neighbourhood initiative or contributing practical work to a charitable activity.
Participation in the training is not restricted by religious affiliation. The methods are available to people of different backgrounds who are interested in developing their ability to help others.
A home for community activity in Dublin
Opened in October 2017, the Church of Scientology & Community Centre of Dublin was established as a venue for religious, cultural, educational, charitable and community activity.
The multi-acre Firhouse Road property includes an auditorium, meeting and seminar rooms, audiovisual facilities, a café and sports areas. The centre has hosted programmes organised by local associations, cultural groups, charities and organisations working in education and social betterment.
The World Humanitarian Day programme continues the centre’s emphasis on providing space for civic engagement and cooperation among people from varied cultural, national and religious backgrounds.
By focusing on skills that can be used in everyday life, the event will connect a global humanitarian observance with the practical question of how individuals can become better prepared to assist those around them.
About the Church of Scientology in Europe
The Church of Scientology, its churches, missions, groups and members are present throughout the European continent. Inspired by the religious and humanitarian work of founder L. Ron Hubbard, Scientologists support initiatives in education, drug prevention, human-rights awareness, moral education, disaster response and community betterment. Recognition of Scientology as a charitable and bona fide religion continues to grow across Europe, alongside its commitment to education, prevention, volunteer service and constructive participation in civil society.
Media Contact
Organization: European Office Church of Scientology for Public Affairs and Human Rights
Contact Person: Ivan Arjona
Website: https://www.scientologyeurope.org
Email: Send Email
Address:Boulevard de Waterloo 103
City: Brussels
State: Brussels
Country:Belgium
Release id:47848
The post Dublin World Humanitarian Day Event to Highlight Practical Skills for Helping Others appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
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