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THC LOGISTIC'S SEXTT CITY PLAN 3. Upon request, a licensee shall make available to the Bureau all information related to the alarm system, monitoring, and alarm activity. SECTION 5 — PRODUCT SECURITY AND RECORDS Applicant will use the following inventory control methods to maintain a current inventory of all products used, purchased, sold and/or destroyed. Inventory Control System The State of California will implement a track and trace system to monitor the chain of custody of cannabis from the point of cultivation to the delivery to a licensed retailer or non-storefront retailer (aka delivery service). From there we will implement our own track and trace system through our Point of Sales Software. Applicant intends to purchase and implement software and services that are already operational in other jurisdiction throughout the state, as such, Applicant believes the software's products and services will allow Applicant to successfully manage inventory and report to the appropriate authorities any loss or diversion as required. Initial Inventory Prior to commencing business, Applicant will conduct an initial comprehensive inventory of all cannabis at the facility. If Applicant commences business with no cannabis on hand, Applicant will record this fact as the initial inventory Perpetual Inventory Protocol At regular, required and/or necessary intervals, Applicant will manage, check and monitor inventory, such that Applicant can accurately and consistently document the status of all cannabis and cannabis products in the applicant's possession. Annual Inventory A complete and accurate recording of all cannabis flower and products on hand will be prepared annually on or before the anniversary of the initial inventory under the direct supervision of the Agent-in-Charge. The Agent-in-Charge shall conduct and document a system-wide audit of the inventory of the establishment that is accounted for according to generally accepted accounting principles at least once every year. Inventory Discrepancy Procedures If an audit or random inventory check identifies a reduction in the amount of cannabis in the inventory of the establishment not due to documented causes, or in the event actual inventory counts to not match the recorded or expected counts, the Applicant shall determine where the loss has occurred and take and document corrective action. If the reduction in the amount of medical cannabis in the inventory of the establishment is due to suspected criminal activity by an employee, the Applicant shall report the employee to the Department and to the appropriate law enforcement authorities. When a significant discrepancy in inventory occurs, the Agent-in-Charge will conduct an internal