Terms & Conditions

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This sale shall be conducted within the framework of the rules listed below as posted on cannabis10x.com (hereinafter referred to as “10X”).  This sale shall be conducted between Registered License Holders (hereinafter referred to as “Seller”) and Buyers (hereinafter used interchangeably with “Bidder”) 

This is an Auction-Style event, not a formal auction. All sales are contingent on state approval.  A refundable 10% deposit shall be held in escrow at the time of the bid.  Upon state approval, the deposit plus the remaining balance shall be due and transferred by the Buyer to the Seller. Should the state fail to approve the transfer of license due to a misrepresentation by the buyer with no fault to the seller, the 10% deposit is non-refundable.  It is the responsibility of the Buyer(s) to ensure that they meet the qualifications for license transfers in the state(s) they are bidding.  Should Buyer need assistance in license regulations 10X can refer up to three closing attorneys to assist in the sale. 10X is not affiliated with any such referred attorney, as such 10X shall be held harmless from any actions of attorneys.  Should deposit be returned to the buyer, a 1% service fee shall be retained payable to 10X. 

Item 1:
The Buyer(s) and the Seller(s) agree that the terms listed below shall govern all sales. Buyer agrees that all information provided to 10X shall be current, complete, and accurate. All Buyers must be 21 years of age or older.

Item 2:
The descriptions of items appearing in the event and in advertising prior to the event are believed to be correct. Nevertheless, neither those descriptions nor any oral statements made by Owner/Seller or 10X and employees concerning any item shall be construed as a warranty, either expressed or implied. All Buyers rely solely on their personal inspection and not on information listed or otherwise provided by 10X and employees or Owner/Seller. Bidder acknowledges that all items were available for inspection prior to the auction and, by these terms, 10X and Owner/Seller strongly encouraged Buyer to carefully inspect each item in which Buyer had any interest to determine the item’s nature. If physical assets are transferred with the sale then all ITEMS ARE ALL SOLD AS IS – WHERE IS – HOW IS and WITH ALL FAULTS, known, apparent, or otherwise. Buyer’s failure to inspect, or otherwise to be fully informed as to the nature, quality, condition, quantity and size of any item will not constitute grounds for any claim, adjustment, refund, termination of the contract for sale, or refusal to close the sale, against 10X or Owner/Seller.

Item 3:
This Agreement constitutes the final expression of the parties’ agreement and a complete and exclusive statement of the terms of the sale. The IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE, AND ALL OTHER WARRANTIES, EITHER EXPRESSED OR IMPLIED, ARE SPECIFICALLY EXCLUDED from this sale and transaction and shall NOT apply to the item that is the subject of these sales. 10X does not have control over the items that are posted, and cannot guarantee the authenticity and quality of said item. 10X is not responsible for the actions the Owner/Sellers and Buyers take before, during, and after the event, typographical errors, misprints, loss of merchandise/money, damage or failure of equipment, due to your visit to this site. Use of this site is at your own risk.

Item 4:
Despite efforts to avoid the withdrawal of item from the sale after they are listed it may sometimes be necessary. 10X and the Owner/Seller reserve the right to do so at any time before or during the sale. The Owner/Sellers/10X of property sold through this event reserve the right to reject any and all bids in their sole discretion. If there is a reserve on an item, 10X and/or the seller have the right to bid on behalf of the seller.

Item 5:
Buyer will be furnished a receipt at the conclusion of the sale. Buyer must therefore provide 10X with Buyer’s current, correct e-mail address, phone number, and U.S. Postal Service complete and current mailing address.

Item 6:
10X is not a licensed auctioneer and this is not a formal auction event. This is an auction-style event aimed at striking deals between potential buyers and sellers who then are required to finalize state approvals.  Should Buyer and Seller need attorney referrals to complete the transaction, 10X can refer up to three attorneys. However, Buyer and Seller hold 10X harmless from any action outside of the introduction of Buyer to Seller.  This does not require a state mandated procedure.

Item 7:
Merchandise becomes the full responsibility of Buyer at time of PAYMENT.  Removal is at the expense, risk, and liability of the purchaser.  Any buyer having someone, other than himself, pick-up his purchases must notify the seller in writing.  Any items that are non-available for any reason will be refunded at the rate of purchase.  Owner/Seller and 10X agree that merchandise may remain on the sale premises for a period of time following the sale. The date by which all merchandise must be removed from the premises is posted on a case-by-case basis.  After the final removal date, unless previous arrangements have been made, there will be a per day, per item storage fee charged to the Buyer on anything is not fully removed. It is the responsibility of the buyer to completely remove any article purchased by him, and should any part of any such article be abandoned, the buyer will be liable for any expense involved in its removal.  Online buyers are required to provide a valid MasterCard or Visa in order to be approved to bid.  This card will not automatically be charged without your written authorization, unless you fail to respond to our requests for payment.  We reserve the right to charge your credit card for your purchases in the event of non-payment. Any purchases, whether paid for or not, will be considered abandoned if not picked up with 10 days of the event.

 

  1. Settlement for payment for purchases must be made by wire transfer of funds.  Please see each individual overview page for specific payment terms. All sales are subject to appropriate state Sales Tax laws. Buyer must acknowledge and agree not to retract their purchase offer. Buyer shall be responsible for making all arrangements for site visits or attorney services if necessary. 
  2. The descriptions of items appearing in the event and in advertising prior to the event are believed to be correct. Nevertheless, neither those descriptions nor any oral statements made by Owner/Seller or 10X and employees concerning any item shall be construed as a warranty, either expressed or implied. ITEMS ARE ALL SOLD AS IS – WHERE IS – HOW IS and WITH ALL FAULTS, known, apparent, or otherwise. Bidder acknowledges that all items were available for inspection prior to the auction and, by these terms, 10X and Owner/Seller strongly encouraged Buyer to carefully inspect each item in which Buyer had any interest to determine the item’s nature, quality, condition, quantity and size. All Buyers rely solely on their personal inspection and not on information listed on the Site or otherwise provided by 10X and employees or Owner/Seller. Buyer’s failure to inspect, or otherwise to be fully informed as to the nature, quality, condition, quantity and size of any item will not constitute grounds for any claim, adjustment, refund, termination of the contract for sale, or refusal to close the sale, against 10X or Owner/Seller.
  3. This Agreement constitutes the final expression of the parties’ agreement and a complete and exclusive statement of the terms of the sale. The IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE, AND ALL OTHER WARRANTIES, EITHER EXPRESSED OR IMPLIED, ARE SPECIFICALLY EXCLUDED from this sale and transaction and shall NOT apply to the item that is the subject of these sales. 10X does not have control over the items that are posted, and cannot guarantee the authenticity and quality of said item. 10X is not responsible for the actions the Owner/Sellers and Buyers take before, during, and after the event, typographical errors, misprints, loss of merchandise/money, damage or failure of equipment, due to your visit to this site. Use of this site is at your own risk.
  4. Despite efforts to avoid the withdrawal of item from the sale after they are listed it may sometimes be necessary. 10X and the Owner/Seller reserve the right to do so at any time before or during the sale. The Owner/Sellers/10X of property sold through this event reserve the right to reject any and all bids in their sole discretion. If there is a reserve on an item, 10X and/or the seller have the right to bid on behalf of the seller.
  5. Buyer will be furnished a receipt at the conclusion of the sale. Buyer must therefore provide 10X with Buyer’s current, correct e-mail address, phone number, and U.S. Postal Service complete and current mailing address.
  6. 10X is not a licensed auctioneer and this is not a formal auction event. This is an auction-style event aimed at striking deals between potential buyers and sellers.  This does not require a state mandated procedure.
  7. Merchandise becomes the full responsibility of Buyer at time of PAYMENT.  Removal is at the expense, risk, and liability of the purchaser.  Any buyer having someone, other than himself, pick-up his purchases must notify the seller in writing.  Any items that are non-available for any reason will be refunded at the rate of purchase.  Owner/Seller and 10X agree that merchandise may remain on the sale premises for a period of time following the sale. The date by which all merchandise must be removed from the premises is posted on a case-by-case basis.  After the final removal date, unless previous arrangements have been made, there will be a per day, per item storage fee charged to the Buyer on anything is not fully removed. It is the responsibility of the buyer to completely remove any article purchased by him, and should any part of any such article be abandoned, the buyer will be liable for any expense involved in its removal.  Online buyers are required to provide a valid MasterCard or Visa in order to be approved to bid.  This card will not automatically be charged without your written authorization, unless you fail to respond to our requests for payment.  We reserve the right to charge your credit card for your purchases in the event of non-payment. Any purchases, whether paid for or not, will be considered abandoned if not picked up with 10 days of the event.
  8. No adjustment will be made with regard to merchandise/inventory after item has been removed from the premises or after the removal date posted by 10X, whether or not the property has been removed. 10X reserves the right, for any reason, in their sole discretion, to terminate, change or suspend any aspect of any sale.
  9. 10X reserves the right to resell any property not paid for in full with all funds received within two days of the closing date. Failure to pay for item/lots won on this event will result in legal action against Buyer by either the Owner/Seller and/or 10X. Further, the Buyer will be banned from any future events. 10X may resell any unpaid-for items with Buyer responsible for collection and damages resulting from the resale. The Owner/Sellers/10X of property sold through 10X reserve the right to reject any and all bids, if they so choose.
  10. The final highest purchaser shall be designated at the end of each auction sale. If a dispute arises between two or more Bidders, 10X, at its discretion, reserves the right to reopen bidding. 10X designation of the Buyer shall be final.
  11. Bidder accepts responsibility for and agrees to indemnify, defend and hold harmless each Owner/Seller, 10X and their employees, governing body, officers, owners, affiliates, subsidiaries, directors, agents and representatives from and against any and all claims, losses, damages, liabilities, judgments, fees, costs and expenses (including reasonable attorneys’ fees and expenses) related to, arising from or associated with Buyers, his agents or representatives, use of the Site, including but not limited to personal injuries or property damage incurred on the sale premises or during removal and transport of any item, and arising out of, based upon, or resulting from any breach or violation by Bidder of this Site User Agreement or any use by Bidder of the Site or as a result of a dispute with another Bidder.
  12. 10X is providing services as an independent contractor for the Owner/Seller only and is not responsible for statements made by other parties.
  13. This Site User Agreement constitutes a binding agreement between Bidder and 10X until terminated by 10X, which 10X may do at any time, without notice, in 10X’s sole discretion. If Bidder dissatisfaction occurs with the auction sale in any way, Bidder’s only recourse is to immediately discontinue use of 10X. 10X reserves the right to terminate Bidder’s registration and use of the 10X Site, and impose limits on certain features of the auction Site or restrict Bidder’s access to, or use of, part or the entire Site without notice or penalty.
  14. 10X cannot, and will not, be held responsible for any interruption in service, errors, and/or omissions, caused by any means and does not guarantee continual, uninterrupted or error free service or use of the Site. Bidder acknowledges that this event is conducted both live and electronically and relies on hardware and software that may malfunction without warning. 10X, in its sole discretion, may void any sale, temporarily suspend bidding and re-sell any item that were affected by any malfunction. The decision of 10X is final.
  15. 10X gathers information about Bidders and Owner/Sellers for the purposes of conducting sales only. 10X does not, and will not, sell or rent this information.
  16. 10X uses email mailing lists to notify its customers about online and live events. If you are receiving a particular mailing and wish to discontinue receiving future mailings, simply forward the received email to 10X to have your name promptly removed from our list.
  17. As a Bidder, placing a bid is a binding contract between you and the Owner/Seller/10X and the bid cannot be retracted. Once you place a bid, and if you win, you will be obligated to buy the product at the said price you indicated as your bid. Placing a bid on this Site, and winning, then not paying for the product could be illegal, and prosecution can result. The Owner/Sellers/10X of property sold through this Site reserve the right to reject any and all bids, in their sole discretion. Only the laws of the State of Florida shall apply and shall govern all actions accordingly. Buyer agrees to abide by all such Florida laws.
  18. As a Bidder you are responsible for any bids placed under your bidding number and password. The security of your Bidder information is your sole responsibility as you, the Bidder, will be responsible for any and all bids placed under your number. If at any time you feel that your Bidder number and password have been compromised due to lack of security on your part you must notify 10X immediately.
  19. You agree that you will not use any robot, spider, other automatic device, or manual process to monitor or copy the Site or the content contained herein without 10X prior, express written permission. You agree that you will not use any device, software or routine to interfere or attempt to interfere with the proper working of the Site or any activity being conducted on the Site. You agree that you will not take any action that imposes an unreasonable or disproportionately large load on our infrastructure. You agree that you will not copy, reproduce, alter, modify, create derivative works, or publicly display any content from the Site without prior, express written permission of 10X. THE SITE IS PROVIDED ON AN “AS IS” BASIS WITHOUT WARRANTIES OF ANY KIND EITHER EXPRESSED OR IMPLIED, INCLUDING BUT NOT LIMITED TO WARRANTIES OF TITLE OR IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE, OTHER THAN THOSE WARRANTIES WHICH ARE IMPOSED BY AND INCAPABLE OF EXCLUSION, RESTRICTION OR MODIFICATION UNDER THE LAWS APPLICABLE TO THIS AGREEMENT.
  20.  Access and use of any event of 10X is subject to any and all specific terms and conditions set forth on any individual page within the Site and the terms and conditions of this User Agreement (collectively “Site User Agreement”) and all applicable laws and regulations, including but not limited to copyright and trademark laws. All event photos appearing on this site are owned by 10X and not for use without express written permission.  BY ACCESSING THIS SITE, YOU, THE BIDDER, AGREE TO ACCEPT, WITHOUT LIMITATION OR QUALIFICATION, ALL OF THE TERMS AND CONDITIONS OF THE SITE USER AGREEMENT and to comply with all applicable laws, statutes, ordinances and regulations regarding your use of this Site. Legal action will be taken against anyone violating the terms and conditions of the Site User Agreement or any other applicable law or regulation. Auctioneer reserves the right to periodically change the terms and conditions of the User Site Agreement and it is the Bidder’s responsibility to periodically review any and all changes made to these terms and conditions prior to each use of this Site. By using this site, you, the Bidder, agree in advance to accept all rules, terms, and conditions, and any such possible changes thereto.
  21. You, the Bidder will be suspended or permanently banned from the Site if you, the Bidder, provides false information when registering, such as a false name or fraudulent contact information. You, the Bidder, will be permanently banned from this Site if you are the successful Bidder and you do not honor your auction bid. Furthermore, if you do not honor your auction bid, legal action may be taken against you. R. J. Montgomery & Associates, Inc. (hereinafter “Auctioneer”) use of e-mail addresses is strictly limited to contact Buyers and Owner/Sellers; any use of this private information by you, the Bidder, is strictly prohibited.
  22. No legal advice is intended or implied by anything contained within the Site. No obligation, liability, responsibility, accountability or burden is undertaken, assumed or otherwise imposed by maintaining the Site.
  23. I hereby waive all claims to future litigation against 10X regarding my visit to these premises on any and all preview days, any and all sale days and any and all days requiring removal of purchased merchandise from premises for the following: 1)  Accident or injury to me or damage to my property resulting from acts other than those caused by the negligence of 10X. 2) Claims for loss or damage to any personal property or equipment that I may bring on to the premises.  It is further understood and agreed that I, nor any person(s) accompanying me, will attempt to operate or activate any machinery or equipment without direct permission from a representative of 10X.  It is furthermore understood and agreed that, if permission for operation or activation is granted, I will assume all liability for damage and costs of repair if I, personally, or my representative(s) causes damage to the machinery, equipment, or the premises during inspection or removal.  A site is a potentially dangerous place.  It is not a place for children.  Flammable, noxious, corrosive, pressurized and otherwise hazardous substances may be present.  Heavy equipment may be operated, and electrical circuits may be live.  Every person enters such site at his or her own risk with notice of the condition of the premises and the activities that will be or have been conducted on the premises.  Bidders shall so advise their agents and employees.  No person shall have any claim against 10X, the seller or their respective agents or employees for any injuries sustained or for damages to or loss of property that may occur at such site.  Neither 10X nor Seller shall be liable for any damages of any type or nature (whether in contract, tort or otherwise) sustained or claimed by any bidder, person or entity in connection with the auction.  Without limiting the foregoing, in no event shall 10X’s liability to any bidder for any act or omission occurring in connection with the event exceed the amount that such bidder, person or entity has actually paid to 10X as a deposit or as payment for a purchased item.  I understand the risk associated with being outside of my home and in the proximity of others during to COVID-19 virus. I understand the COVID-19 virus’s highly contagious nature. I hereby voluntarily agree to release, indemnify, defend and hold harmless, 10X, and their respective agents and employees from any and all liabilities, claims, losses, causes of action or expense of any kind, including reasonable attorneys’ fees, resulting from a Released Party’s negligent act or omission, arising out of my participation in and presence at the auction whether related to bodily injury, infection due to COVID-19 virus, property damage, or any other form of injury or loss. I acknowledge the activities to which this release applies can be dangerous, I am accepting those risks for myself and for any participants who may be in my care. I acknowledge that I am familiar with local, state and federal guidelines and executive orders related to the COVID-19 virus and social distancing. I am participating at the event of my own free will.

  24. The Site User Agreement and any disputes arising out of or related to the Site shall be governed by and construed and enforced in accordance with, the laws of the State of Florida applicable to contracts entered into and to be performed entirely within the State of Florida. Any legal action will be heard and determined in a court of 10X’s choosing in Florida.  If any provision of this Site User Agreement is held to be invalid or unenforceable, such provision shall be struck and the remaining provisions shall be enforced. 10X’s failure to act with respect to a breach by you or others does not waive the right to act with respect to subsequent or similar breaches. This Site User Agreement sets forth the entire understanding and agreement between us with respect to the subject matter hereof.
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