SA Cannabis Exchange (Official) ©SACANEX

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Canex Acknowledgement

This CANEX marketplace, operated by CANEXCA is intended to provide a fully transparent, online platform to properly licensed Colorado cannabis businesses.

CANEXCA Corporation and the CANEX marketplace are not party to any agreements reached and executed on the

CANEX

Marketplace platform; all terms, conditions and consideration(s) are specifically agreed to by the two parties to a transaction. Both parties are independently and solely responsible for ensuring that all applicable laws, rules and regulations are followed.

By logging onto the

CANEX

Marketplace platform, you are attesting to CANEXCA, other Transacting Members of the

CANEX

marketplace, and to the State of Colorado that you are a properly licensed cannabis business, currently in “good standing”, and that you intend to follow all applicable laws, rules and regulations, including any codes of conduct introduced and enforced by the

CANEX

Marketplace and

CANEX

CORPORATION. You agree that you are one of only two parties to any transaction negotiated on the

CANEX

Marketplace platform. You further agree to hold the CANEXCA Marketplace and/ or CANEX Corporation harmless for any damages that might be caused as a result of your or another Transacting Members’ failure to meet all the stipulations of an agreed transaction, failure to follow all applicable laws, rules and regulations including any code of conduct instituted by CANEX and CANEXCA 

CANEX

Marketplace.

You clearly state that you are currently a properly licensed cannabis business in the State of Colorado and intend to meet the obligations of the agreed transaction in a manner compliant with Colorado law. Colorado has regulations that are specific to both recreational and medicinal marijuana, you clearly state you aware and intend to follow ALL laws, rules and regulations that could and or do affect any transactions agreed to on the ACE Marketplace.  

You additionally attest to awareness and understanding that regardless of Colorado law, cannabis is still considered a controlled substance by the Controlled Substance Act (‘CSA’). Persons who are in the business of cultivating, selling or distributing marijuana, and those who knowingly facilitate such activities, are in violation of the CSA, regardless of state law. State laws or local ordinances are not a defense to civil or criminal enforcement of federal law with respect to such conduct, including enforcement of the CSA. Those who engage in transactions involving the proceeds of such activity may also be in violation of federal money laundering statutes and other federal financial laws.