Common use of Reporting Cycle Clause in Contracts

Reporting Cycle. The Licensed Producer acknowledges it must regularly report information about the sales of DD CP to Applicable Retailers in order to fulfill the Licensed Producer’s and LDB’s regulatory, reporting and revenue collection responsibilities to the provincial and federal governments. The LDB and the provincial and federal governments use the information provided by Licensed Producers under the Direct Delivery Program for monitoring, reporting, payment processing and financial control purposes.

Appears in 4 contracts

Sources: Licensed Producer Supply Agreement for Non Medical Cannabis, Licensed Producer Supply Agreement, Licensed Producer Supply Agreement for Non Medical Cannabis