Colorado Medical Marijuana Enforcement Division: 30% Compliance Report Form 1060

Using 12-month averages, a business's wholesale transactions as a percentage of inventory must be under 30%. The monthly average inventory cannot exceed two ounces per patient, excluding live plants as part of the on-hand average inventory. The Colorado Medical Marijuana Enforcement Division: 30% Compliance Report Form 1060 app will assist a business in calculating and documenting wholesale transactions. With this form, an app user can keep a monthly record for a 12-month period to ensure that compliance is met in sales and purchases of any medical marijuana product. The app can calculate percentages of wholesale sales and wholesale purchases as data is entered. The app user will record inventory maximums for the total number of primary patient, maximum on-hand inventory in both ounces and grams, and average daily inventory on-hand. Finally, the app user will indicate any incident in which the inventory is over or under the maximum in order to make any necessary change to sales. This form is used to show compliance with the 30% wholesale requirement and the two ounce limit per patient in order to submit to law enforcement.

Check out the full range of Colorado Medical Marijuana Enforcement forms which are useful for companies and businesses involved with medical marijuana treatment and ensuring compliance with medical marijuana laws and law enforcement.