1. (a) A licensee or registrant must report to the department not later than the second day following the date the licensee or registrant learns of:

   1. (1) A notable inventory discrepancy;
   2. (2) An inventory loss or theft; or
   3. (3) A loss or theft during transport.

2. (b) The report required by subsection (a) of this section must reflect the name and registration or license number of the individual preparing the report, the date of the report, and the details listed in this subsection, as applicable:

   1. (1) Date of discovery;
   2. (2) Amount of low-THC cannabis involved, including amounts transported and received;
   3. (3) Physical location at issue;
   4. (4) Date transported, name of carrier or employee involved in the transport; or
   5. (5) Description of any suspected criminal activity.

Source Note:The provisions of this §12.34 adopted to be effective January 10, 2016, 41 TexReg 494.