WASHINGTON: Novus Acquisition & Development Corp. (PINKSHEETS: NDEV) (“Novus”), a provider of health insurance and insurance-related services under the “MedPlan” brand through its subsidiary Novus Medical Group, Inc., today announced an agreement with TKO Reserve, LLC aka Turnkey Organics LLC. “TKO” to act as a third-party administrator of Novus’ MedPlan, handling quality control, order processing, and delivery coordination to patients in Washington, Arizona, Oregon, California, Colorado, Nevada and Michigan.
“Finding suppliers is a big challenge in this industry,” said Novus Acquisition & Development Corp. CEO Frank Labrozzi. “The TKO Organics’ products stand out from a market that is flooded by entrepreneurs growing mediocre strains using subpar techniques. Quality control and standardization is the key, while this agreement provides the company with an adequate supply of medical marijuana for its growing number of MedPlan patients.”
TKO Organics is a fully-operational indoor organic medical cannabis growing and production facility in compliance with the Washington State Medical Use of Marijuana Act (RCW69.51A). By leveraging cutting-edge indoor growing technology and proprietary extraction techniques, the company will help standardize products for Novus’ MMJ patients with optimal cannabinoid ratios and other beneficial characteristics. The extraction techniques and new genetic varieties pioneered by the TKO will provide Novus’ patients with medicine that has been known to aid in treating or relieving debilitating medical conditions. In a testament to its growing line-up of high quality products, TKO recently won second place at the High Times Seattle Cannabis Cup for their Slips product that they produce via a joint venture with Oakor.
Under the exclusive agreement, TKO Organics will work as an outsourced administrative arm for Novus Medical Group, handling quality control, delivery coordination, distribution to dispensaries, and providing a user-friendly ordering process to Novus MedPlan patients in Washington, Arizona, Oregon, California, Colorado Nevada and Michigan.