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Reports from New Mexico’s seed-to-sale tracking system….

05.26.2017

Why is a compliance component necessary, along with seed-to-sale tracking?

At NCS Analytics (NCS) we use our proprietary advanced analytics tool to identify concerning trends in real-time, catch bad actors, keep communities safe, and identify sustainable solutions to ensure clients are both compliant and protected. Not to mention – compliance efforts also help states capture revenue.

It’s not about being “for” or “against” legalization – it’s about ensuring states and local governments are advised on best practice.

Yes, the differences flagged in the seed-to-sale tracking system could be simple mistakes; however, without proper data analytics, we’ll continue to see discrepancies like these plaguing cash-intensive businesses. Moving forward, advanced data analytics are vital. NCS’s work supports good government and combats financial and public safety risks stemming from the black and gray markets.

Bottom line: Compliance and seed-to-sale tracking are not mutually exclusive.

https://mjbizdaily.com/new-mexico-mmj-tracking-system-shows-discrepancies/

About the Author Adam Crabtree

Adam is the Founder and CEO of NCS Analytics, Inc, based in Denver, Colorado. Founded on his belief that data could be used to empower real-time decision-making, NCS has become the market leader in high-risk data analytics. NCS actively monitors over 18,000 cannabis businesses across the country for regulatory agencies and financial institutions. Adam and his team pair one of the most extensive data sets in the industry with patent-pending predictive and behavioral analytics to deliver unapparelled insight and risk mitigation.

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