ncs logo

Month: August 2019

A way to protect pot lenders: Spotting high energy users photo

A way to protect pot lenders: Spotting high energy users

8/5/19

By Nathan DiCamillo A Denver-based fintech says it believes it's found a key to figuring out whether a legally sanctioned pot grower is engaged in suspicious activity — energy output. A large-scale pot greenhouse uses eight times as much electricity per square foot compared to an average U.S. office building, according to one study. NCS Analytics, which is building a data portal between banks, two states and marijuana related businesses, or MRBs, to sift through information for suspicious activity is adding a method to track pot growers' energy output. Such output... Read More >

Contact us for more information