Category: Blog
Our team of experts explores interesting topics relating to data analytics, industry news, and more!
post: EVENT: PBC Conference Sept. 7 & 8
NCS Analytics upcoming event schedule for September starts with the PBC Conference! Come meet up with us on the road! Michael McDermott will be attending the PBC Conference September 7-8 in Washington DC. If you have any questions or want to connect before, you can contact us via email at [email protected] or schedule a one-on-one meeting with Michael […]
post: Impact of Inflation on the Cannabis Industry
Today’s headlines are filled with discussions on inflation. So what exactly is it? Inflation is the downfall of purchasing power for a given currency. The inflation rate in the United States has been relatively stable since the 1980s, around 1-2%, but it has started to accelerate. In 2021, we saw the inflation rate soar to […]
post: Hemp Biofuel
Biomass as a fuel source has been around ever since humans thought to rub two sticks together. While fossil fuels have long since usurped it as the go-to energy source used to power our cities, biomass still accounts for around 1.3% of the energy produced in the US. Modern bioethanol and biodiesel produce energy through the same […]
post: NCAA Tolerance Testing
On February 25, the National Collegiate Athletic Association (NCAA) decided to relax their marijuana testing policies by increasing the amount of THC needed to be found in an athlete to produce a positive test. The previous threshold for a positive test of 35 nanograms per milliliter was increased to 150 nanograms per milliliter. The change […]
post: Trending Cannabinoids
With research constantly evolving, cannabis producers are advertising for more than just THC and CBD in products. THC and CBD are only two of the hundreds of cannabinoids in the cannabis plant, so it makes sense that some “new” cannabinoids are trending for their effects. Delta-8 and CBN are a couple of popular cannabinoids we […]
post: NASCUS Cannabis Banking Symposium Highlights and Lessons Learned
DENVER, Colo. – June 27, 2022 – The symposium offered a complete view of the current state of cannabis banking with a mix of speakers and attendees representing credit unions, state regulators, and supporting suppliers and vendors. All of the sessions highlighted the current challenges, lessons learned, and possible solutions. Three key topics from the […]
post: NCS Analytics Founder and CEO Speaking at NASCUS 2022 Cannabis Banking Symposium
DENVER, Colo. – June 7, 2022 – NCS Analytics, the leading provider of state-of-the-art analytics that enables complete visibility to monitor and regulate the multi-billion-dollar commercial cannabis industry for governments and financial institutions, Founder and CEO, Adam Crabtree to speak at the 2022 Cannabis Banking Symposium on June 14th at Gaylord Rockies Resort & Convention […]
post: Supply Chain Challenges Impacting the Cannabis Industry’s Growth
The good news is the cannabis industry is growing in terms of new states legalizing medical and recreation use and consumer usage, even through the COVID-19 pandemic. This growth translates into more facilities and jobs. However, the timing of this growth is during a unique restarting of a global economy and supply chain. The ability […]
post: The Pros and Cons of Soil and Hydroponic Grows
Cannabis cultivators consider several factors to achieve a high yield and THC levels out of their harvests. Things like the amount of water used, nutrients added, and the amount of sunlight provided must be calculated and perfected to ensure a consistent, usable product. There are two main strategies most cultivators use to grow cannabis: soil […]
post: Covid’s Impact on the Cannabis Industry
Every industry has felt the effects of COVID-19 over the 15 months, and the cannabis industry is no exception. In the first weeks after the virus was declared a global pandemic, there was widespread uncertainty about what was to come. Panic buying ensued for items including food, toilet paper, and even cannabis products. While the […]