Month: August 2018

post: California Cannabis Authority Partners with NCS Analytics for New Statewide Cannabis Data Platform

Denver, Aug. 28, 2018–The County-led California Cannabis Authority (CCA) has announced a partnership with NCS Analytics to establish a statewide data analytics platform for local California jurisdictions to monitor and regulate cannabis licensees. The platform will enable member counties and participating cities to effectively regulate and enforce the rules and regulations surrounding the legal production […]

post: How to Tell if You’re Banking a Pot Business

Though established over 70 years ago, Salal Credit Union in Seattle only began exploring business banking in 2012. And at first, it took clients at their word. “We were still in the infancy of our business banking growth,” said Russell Rosendal, chief executive and president of the $594 million-asset credit union. “They might say that […]

post: How to Use Regression and Classification in the Regulatory Space

When it comes to analyzing data there are a variety of methods that can be used. But most applications of data analytics today fall under one of two categories: regression and classification. Regression is the process of using past data to predict the future value of a continuous numerical variable. This can include anything from […]

post: Qualitative vs. Quantitative: Which Method Should You Use?

Any analytics project, whether analyzing for compliance in cannabis regulations or measuring market dynamics over time, begins through understanding the data available. Data can be placed broadly into two categories: quantitative and qualitative. These categories determine whether statistical and/or mathematical techniques are appropriate for the research. Quantitative data encompasses any information represented in a numeric […]