1. INTRODUCTION

This Risk Disclosure Statement outlines the potential risks associated with using the Global Cannabis Products platform (“Platform”). Users must carefully review this document before engaging in any transactions.

By using the Platform, you acknowledge that you understand and accept these risks.

2. GENERAL RISK ACKNOWLEDGMENT

Participation in international trade involves inherent risks. While the Platform implements compliance, verification, and escrow protections, we do not eliminate all risks associated with cross-border transactions, regulatory environments, or third-party actions.

3. REGULATORY AND LEGAL RISKS

Users acknowledge that:

• Laws and regulations governing controlled or regulated goods vary by country and may change without notice

• Certain transactions may be restricted, delayed, or prohibited by local authorities

• Compliance with import/export laws is the sole responsibility of the user

• Failure to comply with applicable regulations may result in penalties, seizure, or legal action

4. CUSTOMS AND BORDER CONTROL RISKS

International shipments may be subject to:

• Customs inspection or delay

• Confiscation or seizure by authorities

• Additional duties, taxes, or regulatory documentation requirements

The Platform is not responsible for decisions made by customs or border agencies.

5. FINANCIAL AND ESCROW RISKS

While the Platform uses regulated escrow mechanisms, users acknowledge:

• Payment processing depends on third-party financial institutions

• Delays may occur due to compliance or verification checks

• Funds may be temporarily frozen during dispute or investigation processes

• Currency fluctuations may affect transaction value in cross-border payments

6. LOGISTICS AND DELIVERY RISKS

Global logistics involve external providers and may be affected by:

• Shipping delays

• Transportation disruptions

• Warehousing or handling issues

• Force majeure events (natural disasters, political instability, strikes)

Delivery timelines are estimates and not guaranteed.

7. PRODUCT AND MARKET RISKS

Users acknowledge that:

• Product availability may vary by region and supplier

• Quality, grading, and classification may differ between producers

• Market pricing may fluctuate based on global supply and demand

The Platform does not guarantee specific commercial outcomes or profitability.

8. THIRD-PARTY RISK

The Platform relies on third-party providers including:

• Logistics companies

• Payment processors

• Compliance and verification services

We are not responsible for actions, failures, or policies of third-party service providers.

9. COMPLIANCE AND ACCOUNT RISKS

Accounts may be:

• Restricted or suspended for compliance reasons

• Subject to enhanced due diligence or verification

• Delayed during regulatory review processes

Users must ensure all submitted information is accurate and lawful.

10. FORCE MAJEURE

The Platform is not liable for delays or failures caused by events beyond reasonable control, including but not limited to:

• Natural disasters

• War, civil unrest, or political instability

• Government restrictions or sanctions

• Internet or infrastructure outages

11. NO GUARANTEE OF OUTCOME

The Platform provides infrastructure for trade facilitation only and does not guarantee:

• Successful completion of transactions

• Timely delivery in all cases

• Uninterrupted platform availability

• Profitability or commercial success

12. USER RESPONSIBILITY

Users are solely responsible for:

• Ensuring legal compliance in their jurisdiction

• Verifying product suitability and legality

• Conducting due diligence before transactions

• Understanding risks associated with international trade

13. ACKNOWLEDGMENT

By using the Platform, you acknowledge that you have read, understood, and accepted this Risk Disclosure Statement and agree to assume all associated risks.