Category: Blog
Our team of experts explores interesting topics relating to data analytics, industry news, and more!
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 […]
post: How to Do a 30 Second “Elevator Pitch” when Everything Your Company Does is CONFIDENTIAL
Businesses are often faced with the challenge of doing a concise value proposition, commonly referred to as the “elevator pitch”. This is especially true for start-ups! Fairly often for companies who deal with highly confidential technologies and market data, even the basic value proposition has to remain somewhat veiled because disclosure can compromise the integrity […]
post: People Lie, but Data Does Not
If there’s one thing that drives me nuts about parenting, it’s lies. Me: Who left one spoonful of ice cream in the container? Kids: Wasn’t me Me: Who was using my tablet? I know I wasn’t playing Fortnite. Kids: Wasn’t me Me: Where did you get all those packets of sugar that are now empty […]
post: Founder’s Corner: What’s in a Name?
What’s in a name? Over 400 years ago, William Shakespeare posed this question in his romantic tragedy, “Romeo and Juliet.” He followed up that question with the proclamation that a rose, by any other name, would still, in fact, smell the exact same. I’m paraphrasing, of course. “But Adam,” you might be asking yourself, “what […]
post: Founder’s Corner: the Standard Introduction
As the title would suggest, the point of this very first blog post isn’t so much to shock, entertain or motivate, but more so I can introduce/warn you about what you can expect here in this new blog series. I would assume that if you have made it this deep into our website you are […]
post: Reports from New Mexico’s seed-to-sale tracking system….
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 […]
post: Provided the bill passes, Vermont will be the third state in the northeast to pass marijuana legalization
Nationwide Compliance Specialists (NCS) has an unparalleled understanding of the ins and outs of the legalization process. As lawmakers, like those in the Green Mountain State, work on legislation tied to marijuana legalization, it is NCS’ primary goal to use our proprietary advanced analytics tool to: Assist in compliance Support auditors/enforcement agents in catching fraud […]