Marijuana Inventory definition

Marijuana Inventory shall have the meaning set forth in Section 2.1(b).

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Marijuana Inventory means all of Seller’s inventory of non-expired, merchantable quality marijuana products, such as marijuana flower, trim, seeds, concentrate or infused product.

Marijuana Inventory means all of the Company Parties’ inventory that (a) is of quality and quantity usable, non-expired, merchantable quality and fit for the purpose for which it was purchased, manufactured and cultivated, (b) is not damaged or defective, and (c) is salable in the Ordinary Course of Business and includes marijuana clones, plants, flower and trim.

Examples of Marijuana Inventory in a sentence

Additionally, to the Knowledge of Seller, no Marijuana Inventory contains any impermissible pesticide, chemical, or contaminant (pursuant to the applicable Laws of the State of Colorado); nor is restricted from sale or transfer (on-hold) by MED.
Seller has in the past and shall through the Closing Date use its reasonable efforts to maintain and preserve all Marijuana Inventory and products associated with the Business in a good and saleable condition including being non-expired and free from mildew, fungus, rot, spoilage and agricultural neglect.
All Marijuana Inventory is non-expired and of merchantable quality free of rot, fungus, disease and pests (other than limited instances of rot, fungus, disease or pests that can be treated using reasonable efforts and treatments allowed by applicable Law).
The Company will not sell, lease or otherwise dispose of, or discount or factor with or without recourse, any Collateral, except for the Marijuana Inventory in the ordinary course of the Business.
Seller shall, through the Closing, use its reasonable efforts to maintain and preserve all Marijuana Inventory and products associated with the Business in a good and saleable condition including being non-expired and free from mildew, fungus, rot, spoilage and agricultural neglect.
All Marijuana Inventory is non-expired and of merchantable quality free of rot, fungus, disease and pests and, to Seller’s Knowledge, no Marijuana Inventory contains any impermissible pesticide, chemical, or contaminant (pursuant to the applicable Laws of the State of Colorado); nor is restricted from sale or transfer (on hold) by MED.
Each Seller has at all times in the past and shall through the Closing Date use its reasonable commercial efforts to maintain and preserve all Marijuana Inventory and products associated with the Business in a good and saleable condition including being non-expired and free from mildew, fungus, rot, spoilage and agricultural neglect.
Within 60 days of the Closing Date, Buyer will prepare its calculation of the Marijuana Inventory based on the Sellers’ respective METRC inventory tracking reports reflecting the Inventory at the Closing, and the cash actually delivered by Sellers to Buyer at the Closing (the “Closing Statement”) and deliver the Closing Statement to Representative for Representative’s review.
Prior to the Closing or the termination of this Agreement, Seller shall, and shall cause the NFP to, use commercially reasonable efforts in accordance with past practice to sell or maintain and preserve all Marijuana Inventory owned by the Business in a good and saleable condition in all material respects, including being free from mildew, fungus, rot, spoilage, infestation and agricultural neglect in all material respects.
All Marijuana Inventory is non-expired and of merchantable quality free of rot, fungus, disease and pests and, to Sellers’ Knowledge, no Marijuana Inventory contains any impermissible pesticide, chemical, or contaminant (pursuant to the applicable Laws of the State of Colorado); nor is restricted from sale or transfer (on hold) by MED.

More Definitions of Marijuana Inventory

Marijuana Inventory means saleable marijuana products located at ▇▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇, including marijuana flower, trim, concentrate or infused product, which is not spoiled, unusable, expired or otherwise non-saleable.

Marijuana Inventory means all of the Company Parties’ inventory that (a) is of quality and quantity usable, non-expired, merchantable quality and fit for the purpose for which it was purchased, manufactured and cultivated, (b) is not damaged or defective, and (c) is salable in the ordinary course of business and includes marijuana clones, plants, flower and trim.

Marijuana Inventory means saleable marijuana products located at the Aurora Location, including marijuana flower, trim, concentrate or infused product, which is not spoiled, unusable, expired or otherwise non-saleable.

Marijuana Inventory means finished marijuana stock and products containing marijuana and/or its derivatives defined as any component of the cannabaceae family containing a tetrahydrocannabinol (THC) level of more than 0.3 percent on a dry weight basis. “Marijuana inventory” does not include “crop”.

Marijuana Inventory means saleable marijuana products located at 2675 West 38th Avenue, Denver, CO 80211, including marijuana flower, trim, concentrate or infused product, which is not spoiled, unusable, expired or otherwise non-saleable.

Marijuana Inventory means saleable marijuana products located at the Denver Location, including marijuana flower, trim, concentrate or infused product, which is not spoiled, unusable, expired or otherwise non-saleable.