Denver’s NCS Analytics Strikes Cannabis Payment-Data Deal for Lenders

Denver-based NCS Analytics announced an exclusive partnership with Cannabiz Credit Association (CCA) on September 29 to bring trade-payment history and risk ratings into its cannabis lending tools. NCS says customers will gain access this fall. For lenders evaluating cannabis businesses, the planned addition would put information about how operators pay trading partners alongside the operational data NCS already uses.

NCS is adding a data source to an existing product line. The company says its lending product, Thea, launched within the NCS Platform in April 2026; it announced standalone availability for financial institutions on July 30. The new agreement concerns what information those tools are expected to include, rather than a September launch of Thea itself.

Two kinds of information for a lending review

According to NCS, Thea draws on operational information from state cannabis-tracking systems. CCA describes its credit reports as incorporating member-reported accounts receivable and collection claims. For a lender, operational records and reports from trade creditors address different questions about a prospective borrower. Bringing them into the same set of tools could make both categories available during a credit review; neither alone establishes that an applicant is creditworthy.

The companies describe CCA’s database as containing more than $3.7 billion in cumulative reported payment data. That company-reported figure describes the dataset. It is not the volume of loans made through NCS’s products or an amount owed by cannabis businesses.

CCA also offers credit reports through its membership program. The companies’ exclusivity claim concerns their partnership, while the competitive change for NCS is the planned availability of CCA information within its own lending tools. If access begins as scheduled this fall, NCS customers will have a way to consider reported trade-payment behavior alongside the operational information already in its platform.