The Inventory Management Plan lays out the company's policies and procedures for handling and tracking inventory within the dispensary.
Operators can use this plan to train their employees on inventory control procedures and to keep an internal record of inventory control and management policies.
License applicants can use this plan for the inventory control section or exhibit of the license application.
License applicants may add this plan in whole or in pieces to the security plan, the record keeping plan or the operations plan as deemed valuable or necessary.
Search for each of these terms in the regulations. You're looking for pieces of each regulation that pertain to regulations pertaining to possession, sales limits, and any required educational materials for customers. Refer to the General Sheet Editing DIY Guide for guidance on what to do with these key words.
Search for each of the bolded terms in the Inventory Management Plan sheet, including the brackets. Do a "replace all" and insert the pertinent information needed to replace the term. The description underneath each bolded term below tells you what information should replace the bolded term. For instance, you would use the search feature in your document editing software to look for [Company *1] and then using the replace all feature, replace [Company *1] with your company name.
Replace with the name of the company.
Replace with the name of the State cannabis regulatory authority (usually a department name or a board name).
Replace with the title of the primary state cannabis regulation.
Replace with the name of the Point-of-Sale System (POS) that is used or will be used by the dispensary.
Replace with the role title of the key employee who will be in charge of compliance (ex: Compliance Director, Director of Compliance, Chief of Compliance, Chief Compliance Officer)
Replace with the required age for medical marijuana patients
Replace [Required Age *2] with required age for adult use marijuana. If your state does not yet have adult use cannabis, delete the sentence where it appears throughout the sheet "and [Required Age *2] for adult use marijuana]"
We suggest that you read through the sheet and make any additional edits or additions that you see fit. Here are some suggestions to get you started. The following sections are included in the plan and are written in green bold letters.
When you save the document, if using it for an application, make sure to title the document in the specific way that the application requires. If not using for an application, keep the document title as is, or change it to whatever you desire.