Bureau of Cannabis Control Emergency Regulations CODE OF REGULATIONS TITLE 16 DIVISION
§ 5034. Significant Discrepancy in Inventory
(a) A significant discrepancy in inventory means a difference in actual inventory compared to
records pertaining to inventory of at least $5,000 or 2 percent of the average monthly sales of the
licensee, whichever is less.
(b) For the purposes of this section, average monthly sales shall be calculated by taking a per
month average of the total sales for the previous 6 months. If the licensee has not been in
operation for at least 6 months, only the months in which the licensee was operating shall be
used in determining average monthly sales.
(c) For the purposes of this section, the licensee’s acquisition price shall be used to determine the
value of cannabis goods in a licensee’s inventory.
Authority: Section 26013, Business and Professions Code. Reference: Section 26070, Business
and Professions Code.