Cannabis industry’s first credit bureau to power lending decisions through NCS Thea
DENVER, Sept. 29, 2026 /PRNewswire/ — NCS Analytics (NCS), a leader in high-risk data analytics, today announced an exclusive partnership with Cannabiz Credit Association (CCA), the cannabis industry’s first dedicated credit reporting bureau. CCA’s proprietary data set covers more than $3.7 billion in verified payment data to date and will now be available exclusively through the NCS Platform as well as NCS Thea, the lending intelligence platform designed for financial institutions, private lenders, credit funds, and other organizations providing capital to licensed cannabis businesses.
“Better data solves most of the problems facing cannabis lenders, starting with whether a business actually pays what it owes,” said Adam Crabtree, founder and CEO of NCS Analytics. “NCS Analytics is always looking for unique data sets that expand visibility into what’s happening on the ground. Our exclusive partnership with Cannabiz Credit Association does exactly that. CCA’s payment intelligence can now help uncover potential risk through our behavioral and predictive alerts engine while also giving NCS Thea users a clearer picture of a borrower’s credit behavior.”
Launched in April 2026, NCS Thea addresses underwriting challenges that traditional credit tools were never built to handle. NCS Thea combines government-mandated operational data from state cannabis track-and-trace systems with NCS Analytics’ proprietary behavioral and predictive analytics, producing an objective, independent assessment of business health and lending risk. Adding CCA’s payment history and risk ratings gives lenders a view of both sides of a borrower: how the business operates, and how it pays.
Collections remain a major challenge in the cannabis industry. Unpaid balances routinely move into collections through CCA’s claims pipeline. CCA tracks that history at the license level, including which accounts stopped paying and when. Within the NCS Platform, that record becomes an early warning signal, as a business not paying its existing vendors often signals trouble well before it shows up in revenue, inventory, or other operational data.
“Cannabiz Credit Association is the credit bureau for the cannabis industry, with more than $3.7 billion in reported payment data and hundreds of members reporting every month,” said Mike Blumenthal, executive director of Cannabiz Credit Association. “Our members rely on our data to decide who they extend terms to. This exclusive partnership with NCS Analytics puts that same intelligence in front of the lenders financing the industry, and it lets us keep building the services our members depend on.”
CCA’s data will be available for NCS customers this fall. For more information, visit ncsanalytics.com.
About NCS Analytics
NCS Analytics, founded in 2015 in Denver, Colorado, is a leading advanced analytics company that empowers regulators and financial institutions to oversee high-risk industries—starting with cannabis—through its NCS Platform. This SaaS solution aggregates millions of daily data points, delivering real-time anomaly detection, risk scoring, alerts, and compliance monitoring to prevent diversion or inversion, fraud, and non-compliance while supporting BSA/AML requirements. NCS Analytics monitors thousands of licenses across multiple states, processes 89M+ records weekly, and launched its newest analytic tool, the Risk Index, in 2025. Discover how NCS empowers real-time critical decision-making with absolute confidence at ncsanalytics.com.
About Cannabiz Credit Association
Founded in 2023, Cannabiz Credit Association is the cannabis industry’s first dedicated credit reporting bureau and trade intelligence platform. Through mandatory monthly member reporting, proprietary state license matching, and an exclusive collections pipeline from CannaBIZ Collects, CCA helps operators across the country make smarter credit decisions and protect their accounts receivable. Learn more at cannabizcredit.com.
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SOURCE NCS Analytics
