Personal information
Terms of Service
Please read and accept our Terms of Service before registering:
1. Non-Investment Disclaimer
North Blue Tokens (“the Tokens”) are not an investment,
security, or financial instrument. The Tokens do not represent
ownership, equity, or any stake in North Blue Cannabis LLC,
its assets, or operations. The Tokens are solely intended for
use as a prepaid voucher to redeem eligible products and
services. There is no expectation of profit, appreciation in
value, or any form of financial return associated with holding
or using the Tokens.
2. Purpose and Usage
North Blue Tokens are designed to facilitate the following:
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Online Merchandise:
Redeemable for North Blue-branded merchandise available
on Your Website.
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In-State Dispensary Discounts:
If you are 21 years or older and located in State Name,
the Tokens can be used at select dispensaries to receive
discounts on North Blue products or access exclusive
offerings.
-
User Trading:
Users may trade or swap their Tokens with other users
in compliance with ERC-20 standards on decentralized
exchanges (DEXs). This trading capability supports a
free market approach within the bounds of applicable laws.
-
Exchange Rate Changes:
The exchange rate for North Blue Tokens when redeeming
for merchandise or product discounts can be changed at
any time at the discretion of North Blue Cannabis LLC.
Users will be notified of such changes through
appropriate channels.
-
NFTs:
Non-Fungible Tokens (NFTs) associated with North Blue
can be traded or used for other rewards by collecting
them. NFTs are available exclusively by meeting us
at an event or purchasing a specific product that
includes a VDrop NFT type.
The Tokens cannot be exchanged for cash, fiat currency,
or other cryptocurrencies and have no intrinsic monetary
value. Any attempt to use the Tokens outside their intended
purpose is strictly prohibited.
3. Terms and Conditions
By acquiring or using North Blue Tokens, you agree to the
following terms:
-
Eligibility:
Use at dispensaries is restricted to individuals aged
21+ in compliance with local laws. Proof of age may be
required at the point of redemption.
-
Redemption:
Tokens may only be redeemed for eligible products/services
as specified above.
-
Expiration:
Tokens may have an expiration date; please refer to the
specific terms provided at the time of issuance.
Expired Tokens cannot be redeemed or refunded.
-
Refund Policy:
Tokens are non-refundable and non-transferable unless
explicitly stated otherwise in writing by North Blue
Cannabis LLC.
4. Anti-Money Laundering (AML) and Know Your Customer (KYC)
Compliance
To comply with applicable laws and regulations, we reserve
the right to implement AML and KYC procedures for the
issuance, redemption, or transfer of Tokens. However,
since dispensaries are already responsible for verifying
customer identities at the point of sale, our platform
does not require additional KYC verification for users.
The Tokens are not considered a security; therefore,
the need for extensive KYC measures is limited.
We may still conduct basic identity verification in certain
situations to ensure compliance with applicable laws,
but this will not be a standard requirement for all users.
5. Regulatory Compliance
North Blue Tokens are not intended to function as a regulated
financial instrument or currency. We operate in compliance
with applicable laws regarding prepaid vouchers and gift
cards but cannot guarantee compliance with laws outside
our operational jurisdiction. By acquiring the Tokens,
you acknowledge that it is your responsibility to ensure
compliance with local laws if you reside outside our
jurisdiction.
6. No Speculative Value
The Tokens are not designed nor marketed for speculative
purposes. They do not hold any inherent value beyond their
utility as a means of redeeming goods/services from North
Blue Cannabis LLC. Any perceived value beyond their utility
is purely speculative and at the sole discretion of the user.
7. Limitation of Liability
North Blue Cannabis LLC shall not be held liable for any
loss, damages, or claims arising from misuse of the Tokens,
third-party actions, or circumstances beyond our control
(e.g., technical failures, regulatory changes). By using
the Tokens, you agree to indemnify North Blue Cannabis LLC
against any such claims.
8. Changes to Terms
North Blue Cannabis LLC reserves the right to modify these
terms at any time without prior notice. Any changes will be
effective immediately upon posting on our website.
Continued use of the Tokens after such changes constitutes
acceptance of the revised terms.
Contact Us
If you have questions about this disclaimer or how North Blue
Tokens work, please contact us through the "Contact Us" page.
Open the terms and scroll to the bottom to
enable acceptance.
