N.J. Admin. Code § 17:30-9.13

Current through Register Vol. 56, No. 17, September 3, 2024

Section 17:30-9.13 - Inventory

(a) Each cannabis business, at a minimum, shall:

1. Utilize the inventory tracking system designated by the Commission pursuant to N.J.A.C. 17:30-3.12.

i. Cannabis businesses shall utilize any plant tags, product identification tags, or stamps designated by the Commission pursuant to N.J.A.C. 17:30-3.6 and 13.4.

ii. Cannabis business shall be responsible for any fees associated with plant tags, product identification tags, or stamps designated by the Commission;

2. Conduct an initial comprehensive inventory of all cannabis in the possession of the cannabis business, including cannabis available for cultivation or manufacturing, finished usable cannabis available for sale, immature and mature cannabis plants, unusable cannabis, and each type of cannabis product at the authorized cannabis business premises on the date the cannabis business first engages in the cultivation, manufacturing, wholesaling, or sale of cannabis.

i. An inventory shall include damaged, defective, expired, or adulterated cannabis awaiting disposal, including the name, the quantity, and the reasons for which the cannabis business is maintaining the cannabis.

ii. The initial comprehensive inventory shall be reported to the Commission utilizing the inventory tracking system;

3. Establish inventory controls and procedures for the conduct of inventory reviews and comprehensive inventories of cultivating cannabis, and stored usable and unusable cannabis;

4. Update product inventories on at least a daily basis;

5. Conduct a monthly inventory audit of cultivating cannabis, and stored usable and unusable cannabis;

6. Conduct a comprehensive annual inventory audit at least once every year from the date of the previous comprehensive inventory; and

7. Promptly transcribe inventories.

(b) The record of an inventory conducted pursuant to this section shall include, at a minimum, the date of the inventory, a summary of the inventory findings, and the name, signature, and title of the persons who conducted the inventory.

N.J. Admin. Code § 17:30-9.13

Adopted by 53 N.J.R. 1583(a), effective 8/19/2021

Amended by 55 N.J.R. 402(a), effective 3/6/2023