These Terms of Service ("Terms") govern your access to and use of the CannaVault™ software platform, including the payment terminal, transaction dashboard, and all related services (collectively, the "Service") provided by CannaVault™ ("CannaVault," "we," "us," or "our").
By accessing or using the Service, you agree to be bound by these Terms. If you do not agree to these Terms, do not use the Service.
The Service is available exclusively to licensed cannabis retailers operating in compliance with applicable state and local laws. By using the Service, you represent and warrant that:
CannaVault provides a software-based payment terminal that enables licensed cannabis dispensaries to accept cryptocurrency payments from customers. The Service facilitates the routing of cryptocurrency payments through a smart contract deployed on the Ethereum blockchain, which converts incoming cryptocurrency to USDC stablecoin and sends 100% of the sale and any tip directly to the dispensary's designated wallet address. CannaVault never receives, holds, or has the ability to redirect any portion of any transaction, and is compensated solely through a separate, flat monthly software subscription fee unrelated to transaction volume.
CannaVault is a software vendor only. We are not a money transmitter, payment processor, financial institution, bank, or broker-dealer. We do not hold, custody, control, or have access to your funds at any point. All transactions occur directly on the Ethereum blockchain via smart contract.
The Service is entirely non-custodial. This means:
Use of the Service is subject to the following fees:
All fees are subject to change with 30 days written notice. Continued use of the Service after fee changes constitutes acceptance of the new fee structure.
You agree not to use the Service to:
You are solely responsible for ensuring your use of the Service complies with all applicable laws, including but not limited to Oregon cannabis regulations, OLCC licensing requirements, FinCEN guidance on cryptocurrency, state and federal tax obligations, and any applicable money transmission laws. CannaVault does not provide legal, tax, financial, or compliance advice. We strongly recommend consulting qualified legal and tax professionals before using the Service.
All cryptocurrency transactions processed through CannaVault are final and irreversible once confirmed on the Ethereum blockchain. CannaVault has no ability to reverse, refund, or recover any transaction. Refund policies for cannabis retail sales are governed by your state licensing authority and your own store policies. Any customer refunds must be handled outside of the CannaVault platform.
The Service, including all software, design, trademarks, and content, is owned by CannaVault and protected by copyright, trademark, and other intellectual property laws. CannaVault™ is a trademark. You are granted a limited, non-exclusive, non-transferable license to use the Service solely for your licensed cannabis retail operations in accordance with these Terms. No other rights are granted.
THE SERVICE IS PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED. CANNAVAULT DOES NOT WARRANT THAT THE SERVICE WILL BE UNINTERRUPTED, ERROR-FREE, OR FREE OF SECURITY VULNERABILITIES. CANNAVAULT DOES NOT WARRANT THE ACCURACY OF CRYPTOCURRENCY PRICE FEEDS OR THE CONTINUOUS AVAILABILITY OF THE ETHEREUM NETWORK OR UNISWAP PROTOCOL.
BLOCKCHAIN NETWORKS AND SMART CONTRACTS INVOLVE INHERENT RISKS INCLUDING BUT NOT LIMITED TO NETWORK CONGESTION, PROTOCOL FAILURES, SMART CONTRACT BUGS, AND REGULATORY CHANGES. YOU ACCEPT THESE RISKS BY USING THE SERVICE.
TO THE MAXIMUM EXTENT PERMITTED BY LAW, CANNAVAULT SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO LOSS OF PROFITS, LOSS OF FUNDS, OR BUSINESS INTERRUPTION, ARISING FROM YOUR USE OF OR INABILITY TO USE THE SERVICE, EVEN IF CANNAVAULT HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
CANNAVAULT'S TOTAL LIABILITY TO YOU FOR ANY CLAIM ARISING FROM THESE TERMS OR THE SERVICE SHALL NOT EXCEED THE TOTAL FEES PAID BY YOU TO CANNAVAULT IN THE THREE MONTHS PRECEDING THE CLAIM.
You agree to indemnify, defend, and hold harmless CannaVault and its officers, directors, employees, and agents from any claims, damages, losses, liabilities, costs, and expenses (including reasonable attorneys' fees) arising from your use of the Service, your violation of these Terms, or your violation of any applicable law or regulation.
Either party may terminate these Terms at any time with 30 days written notice. CannaVault reserves the right to suspend or terminate your access to the Service immediately and without notice if you violate these Terms, engage in fraudulent activity, or if continued service would expose CannaVault to legal or regulatory risk.
Upon termination, your right to use the Service ends immediately. Your transaction history remains in your dashboard for 90 days following termination, after which it may be deleted. You should export your records before termination.
These Terms are governed by the laws of the State of Oregon, without regard to its conflict of law principles. Any dispute arising from these Terms shall be resolved in the state or federal courts located in Oregon, and you consent to personal jurisdiction in those courts.
CannaVault reserves the right to modify these Terms at any time. We will provide 30 days notice of material changes via email to your registered address. Continued use of the Service after the effective date of changes constitutes acceptance of the updated Terms.
Questions about these Terms should be directed to:
support@cannavault.app
cannavault.app