POS System. Licensee agrees to utilize a POS system (the “POS System”), approved by local regulatory authorities as applicable, for use in each Licensed Dispensary that includes all hardware and software necessary to accurately track, record and analyze sales, inventory, product usage and tax information in connection with the operation of each Licensed Dispensary. Licensee agrees to share data and information from the POS System concerning each Licensed Dispensary in order to assist Licensor and its affiliates with forecasting demand and verifying sales.
Appears in 4 contracts
Samples: Retail License Agreement (Hightimes Holding Corp.), Acquisition Agreement (Red White & Bloom Brands Inc.), Acquisition Agreement
