by Adam Crabtree,
5/26/17
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.
New Mexico MMJ tracking system shows discrepancies
About the Author:
Adam Crabtree
Adam is the Founder and CEO of NCS Analytics, Inc (NCS), headquartered in Denver, Colorado. Adam began his career in banking and was managing sales, operations, and compliance with... more
Adam is the Founder and CEO of NCS Analytics, Inc (NCS), headquartered in Denver, Colorado. Adam began his career in banking and was managing sales, operations, and compliance with a Tier 1 bank when he noticed the inherent flaws and the systemic disconnect between banks and their local or state regulators. Using his background and acumen in banking, he developed a patent-pending predictive analytical algorithm-based system capable of aggregating and analyzing tens of millions of data points that transform into clear, concise, detailed reports.
This system, the NCS Platform, has allowed him to work collaboratively with state or local officials, as well as financial institutions across the country. Adam has extensive knowledge on a wide range of topics and has shared his expertise with all levels of government as well as the banking industry. He is a proud three-time graduate of the University of Colorado (BA, MBA, MSF).
To see the latest updates from Adam, please visit his Twitter profile.
