Category: Blog
Our team of experts explores interesting topics relating to data analytics, industry news, and more!
post: Taming the Data Monster
It starts out as a trickle…information that you need to collect about your clients, constituents, applicants, or others. It may be for regulatory purposes, for reporting purposes, for review and approval purposes. It starts to grow as there are more and more sources…as policies change, as markets expand, as new information is required to keep […]
post: The Burden of Data
Every day, new data is coming in from MRBs. Nearly every day, we get a question or complaint about the data being requested. The complaints range from “this is too much of a burden” to “this is proprietary data we don’t want to share.” We at NCS have done our best to collect the smallest […]
post: Analytics Spotlight: Package Quantity
Package Quantity alerts occur and display in the NCS Platform when, according to the data source, an inventory package has a negative remaining quantity. For example, a package of gummy bears initially started with 100, has been sold from, and now reportedly has -10 left (meaning 110 total were sold). How is that possible, you […]
post: Environmental Impact on Outdoor Grow Operations
Skys throughout the West Coast have been filled with smoke the past several weeks and months. At the height of the smoke, the sun was nearly completely blocked out in parts of the country. For cannabis cultivators with outdoor grow operations, this could mean significant changes in their product and process for their current and […]
post: Founder Insight: The Power of Informed Conversations
Imagine you are driving down the highway on a clear afternoon. You have the cruise control set to around the speed limit. You’re listening to some music that puts a smile on your face. Out in the distance, you a see a highway patrol car parked on the side of the road. Instinctively, you tap […]
post: Compliance Review: Making Sense Of It All
Regulated industries are regulated to protect the interests of consumers and users, to protect employees, and to protect the businesses themselves. The cannabis industry’s fast rise and continued growth presents challenges to the states and localities charged with enforcing regulations that are maturing and evolving along with the industry. This speed of evolution and continued […]
post: Is The Simplest Answer Always the Right One?
While Occam’s Razor states that the simplest answer is usually correct, it doesn’t say that it is always correct. At NCS, we pride ourselves on identifying outliers. While it’s easy to say that those who have outliers in their data are all bad actors, that just isn’t true. As an example, we routinely see a […]
post: The Importance of Different Data Streams
In an ideal world, you could look at the same activity through different data sets and get to the same result, but sadly that is the exception rather than the rule. Inconsistencies could be a result of something simple, like subtle differences in reporting mechanisms or absent-minded mistakes. A more sinister root cause could be […]
post: Data Tracing in U.S. Regulated Cannabis Industries
Track-and-trace systems were designed to provide regulators of all shapes and sizes vital information to promote their mission. Tracking products in “high-risk” industries is essential, but one of the most significant benefits is the ability to trace any product back to its source. For cannabis, this means from the second a seed (or clone) is […]
post: Compliance and Data in the U.S. Regulated Cannabis Markets
The cannabis industry is one of the newest and most regulated industries in the world. Cannabis is in its infant stages, and it has never been more important to see a holistic and comprehensive view of what is happening at each business on a granular level. One fundamental way to gain understanding is by requiring […]