Terms of Service (ToS) for StaackBooks

Effective Date: 06/19/2024

Welcome to StaackBooks, developed by Staack Technologies Inc. ("Company," "we," "us," "our").

This document ("Terms of Service," "Terms") governs your use of the StaackBooks app designed for cash-based cannabis businesses, providing sophisticated financial management, inventory tracking, and transaction processing.

1. Acceptance of Terms

By accessing or using StaackBooks, a mobile application created by Staack Technologies Inc., you agree to be bound by these Terms of Service ("Terms"). These Terms govern your access to and use of StaackBooks and any related services provided by Staack Technologies Inc. You agree to use the app solely for legal purposes and in compliance with all applicable laws. You acknowledge that any misuse of the app for illegal activities, including but not limited to money laundering or fraud, is strictly prohibited and will result in the immediate termination of your account.

2. Eligibility and Jurisdiction

The app is intended for use exclusively in U.S. states and territories where the sale and handling of recreational cannabis are legal, including but not limited to Washington, D.C., and Puerto Rico. By using the app, you represent and warrant that you are conducting business legally according to the laws of your jurisdiction. It is your responsibility to ensure compliance with all applicable laws and regulations, including obtaining any necessary licenses or permits for your cannabis business.

3. User Account and Verification

To access and utilize StaackBooks, you are required to create and verify your account. Verification involves providing a valid phone number and email address to confirm your identity. During registration, you are also required to submit essential business information, which includes your starting cash balance, inventory levels, business address, company logo, and corporation information, if applicable. Additionally, for enhanced security, you may select a unique custom 4-digit PIN. This comprehensive profile aids in customizing your experience and ensuring that the app's functionalities are tailored to your specific business needs. You are responsible for maintaining the accuracy and currency of this information, as it is crucial for the effective management of your account and the overall functionality of StaackBooks. Please ensure that all provided details are up-to-date and accurate to facilitate seamless business operations and compliance with regulatory requirements.

4. Use of the App

By using StaackBooks, you agree to manage your financial transactions, inventory, and other business operations strictly within the confines of your cannabis license and in compliance with applicable local, state, and federal laws. The app is designed to support and streamline these activities, ensuring adherence to legal standards. Unlawful activities include, but are not limited to:

  • Operating Without a License: Conducting cannabis business operations without the necessary legal authorization or beyond the scope of your existing business license.
  • Sales to Minors: Selling cannabis products to individuals under the legal age limit as defined by your jurisdiction.
  • Illegal Distribution: The distribution or sale of cannabis in any form where it remains illegal under state or federal law, including exporting across state lines where such actions are prohibited.
  • Record Tampering: Falsifying or deliberately misrepresenting transaction or inventory records in StaackBooks to evade taxes or other legal obligations.
  • Use for Non-Cannabis Business Activities: Utilizing the app for any business activities that fall outside the regulated cannabis industry without proper authorization.

Misuse of StaackBooks in any of these ways, or any other action that violates the law, will lead to the immediate termination of your account. We enforce strict compliance to ensure that StaackBooks supports only legitimate, legal business operations and reserve the right to suspend or terminate access if we suspect any violation of these terms. This list is not exhaustive and includes any unlawful activities that are not explicitly mentioned. Additionally, StaackBooks does not facilitate electronic transactions or financial account connections, ensuring that all operations within the app remain compliant with legal standards.By using StaackBooks, you agree to manage your financial transactions, inventory, and other business operations strictly within the confines of your cannabis license and in compliance with applicable local, state, and federal laws. The app is designed to support and streamline these activities, ensuring adherence to legal standards. Unlawful activities include, but are not limited to:

5. Privacy and Data Use

We respect your privacy and are committed to protecting it in accordance with these Terms of Service. We collect only minimal personal information, including your phone number and email address, which is necessary for effective account management and communication. All user data within the app is fully anonymized to maintain your confidentiality and ensure your privacy. Our app is designed to secure your data; it does not access or store messages either in transit or at rest. For a detailed explanation of how we handle and protect your information, please refer to our Privacy Policy.

6. Intellectual Property Rights

  • Intellectual Property Rights: The usage of our app, including any content or materials therein, is intended solely for the operational management of your licensed cannabis business and not for any unrelated commercial activities without prior written consent.
  • Proprietary Software: StaackBooks is proprietary software custom-built by Staack Technologies Inc. for cannabis businesses. This application has been developed exclusively for our use and is protected under applicable intellectual property laws. Any attempt to copy, distribute, modify, or reverse engineer the software is strictly prohibited. By using StaackBooks, you acknowledge and agree that the software and all its components are the sole property of Staack Technologies Inc.
  • Our Rights: We retain all rights to the StaackBooks software, content, and associated intellectual property. You are granted a non-exclusive, revocable license to use the app for your business operations as permitted under these Terms.User Content: You retain ownership of the data you input (financial records, inventory data). You grant us a limited license to use this data for operating the app and improving service offerings, without transferring any ownership of this data.
  • Feedback: Any feedback, comments, or suggestions you provide regarding the app may be used by us without obligation to you. We appreciate your insights and may incorporate them into the app to enhance user experience and functionality.
  • Prohibited Actions: Users are expressly prohibited from copying, distributing, or reverse engineering the app or any of its components.

7. Usage Restrictions and Prohibited Actions

  • Overview of Restrictions: As a user of StaackBooks, you are explicitly prohibited from engaging in any of the following actions:
  • Copying: You are not permitted to copy any part of StaackBooks or the content provided within the app, except for personal, non-commercial use as intended and explicitly permitted under these Terms.
  • Distributing: You must not distribute the StaackBooks software or its content to third parties without obtaining prior written consent from Staack Technologies Inc. unless such distribution is directly allowed under these Terms.
  • Reverse Engineering: Attempting to reverse engineer, decompile, disassemble, or otherwise attempt to discover the source code, underlying ideas, algorithms, or structure of StaackBooks is strictly forbidden without prior written consent. This measure is essential to safeguard the intellectual property and the integrity of our software.
  • Compliance with Laws: You agree not to use the app for any unlawful purposes. Any activities that violate local, state, or federal laws, including money laundering or fraudulent transactions, are strictly prohibited and will result in immediate account termination.

Engaging in any of these prohibited actions constitutes a severe violation of these Terms and may result in immediate termination of your account, potential legal action, and other penalties as permissible under applicable law. We are committed to rigorously enforcing these Terms to protect our intellectual property and ensure the security of our users.

8. Services and Features

The StaackBooks app includes a suite of features designed to automate and streamline back-office functions, enhancing your ability to manage and oversee your business efficiently:

  • Transaction Management: Real-time processing and recording of various financial transactions ensure that your financial data is always current and accurately reflected in the app.
  • Inventory Management: Dynamic tracking of inventory changes is directly linked to transaction data, allowing for real-time updates and precise inventory control.
  • Reporting: Generate customizable reports based on real-time data. These reports can be tailored to reflect specific insights into transactions, inventory levels, sales trends, and other critical business metrics.
  • Notifications: Receive automated alerts about significant transactional events via SMS and other integrated messaging platforms, helping you stay informed of important changes and updates without delay.
  • Dashboard Visualizations: Interactive dashboard visualizations provide at-a-glance views of your financial health and operational status. These visualizations include graphs, charts, and other graphical representations that help you quickly understand cash flows, inventory status, receivables, payables, and overall business performance. This feature is crucial for making informed decisions and spotting trends or issues in real-time.

Financial Accuracy Clause: While StaackBooks provides tools for calculating and visualizing financial data, the accuracy of these calculations depends on the data inputs provided by the user. We guarantee the accuracy of the calculations generated by our code, but the user is responsible for ensuring that all data inputs are precise. Users should engage a qualified accountant for the verification of financial records for tax purposes. By using the app, you agree that StaackBooks serves as a preliminary tool for managing financial data and does not replace the need for professional bookkeeping or accounting services. The accuracy and certification of financial records are the responsibility of your accountant.

9. Subscription Fees and Payment

  • Subscription Plans:
    • Free Plan: Includes a 30-day trial with unlimited access. After the trial period, the plan reverts to allowing 5 transactions per month, with a limit of 3 contacts. This means you can conduct up to 5 transactions per month, but only with a maximum of 3 different contacts.
    • Paid Plan: Offers unlimited transactions and enhanced support services for $29.99 per month.
  • Payment Terms:
    • Monthly Fees: Subscription fees for the Paid Plan are due monthly and must be paid in full via the Apple App Store or Google Play Store. The monthly fee of $29.99 includes any hosting fees we pay to the App Store and Google Play Store.
    • Subscription Changes: When you choose to upgrade or downgrade your subscription level, changes are applied at the end of your current billing month. All payments are non-refundable, ensuring that any subscription change made during a billing cycle takes effect in the subsequent month. This policy maintains clarity and consistency in billing, providing you with full value for the paid month.
  • Non-Payment Consequences:
    • Notification and Grace Period: If your subscription fee is not paid on time, your account will receive a notification warning. You will have a 72-hour grace period to settle the balance.
    • Plan Downgrade: If the balance remains unpaid after the 72-hour grace period, your account will automatically be downgraded to the Free Plan. This downgrade will restrict your access to only 5 transactions per month with a limit of 3 contacts until the balance is paid and your subscription is restored.

The app is intended for use exclusively in U.S. states and territories where the sale and handling of recreational cannabis are legal, including but not limited to Washington, D.C., and Puerto Rico. By using the app, you represent and warrant that you are conducting business legally according to the laws of your jurisdiction. It is your responsibility to ensure compliance with all applicable laws and regulations, including obtaining any necessary licenses or permits for your cannabis business.

10. Modifications to the App and Terms

We continuously work to enhance the functionality and security of StaackBooks. As part of this ongoing effort, we reserve the right to update or modify the app and these Terms of Service at any time.

  • Minor Updates and Bug Fixes: Routine updates, including minor bug fixes and enhancements that do not materially affect the app's features or the Terms, will be documented in the update notes available in the App Store or Google Play Store. These updates will be effective immediately and do not typically require direct notification as they are designed to improve the performance and usability of the app without significant changes to its functionality.
  • Major Updates: For significant changes that could affect your use of the app or the interpretation of the Terms, we will provide advance notice via email and notify users through in-app notifications, accompanied by a PDF document detailing the changes. This ensures that you have sufficient time to review and understand the impact of the modifications on your business operations. The revised Terms will also be updated on our website.

By accepting these Terms, you agree to periodically review such modifications and your continued use of StaackBooks following the posting of changes will signify your acceptance of the adjusted Terms.

11. Termination and Suspension

The StaackBooks app includes a suite of features designed to automate and streamline back-office functions, enhancing your ability to manage and oversee your business efficiently:

  • Transaction Management: Real-time processing and recording of various financial transactions ensure that your financial data is always current and accurately reflected in the app.
  • Inventory Management: Dynamic tracking of inventory changes is directly linked to transaction data, allowing for real-time updates and precise inventory control.
  • Reporting: Generate customizable reports based on real-time data. These reports can be tailored to reflect specific insights into transactions, inventory levels, sales trends, and other critical business metrics.
  • Notifications: Receive automated alerts about significant transactional events via SMS and other integrated messaging platforms, helping you stay informed of important changes and updates without delay.
  • Dashboard Visualizations: Interactive dashboard visualizations provide at-a-glance views of your financial health and operational status. These visualizations include graphs, charts, and other graphical representations that help you quickly understand cash flows, inventory status, receivables, payables, and overall business performance. This feature is crucial for making informed decisions and spotting trends or issues in real-time.

Financial Accuracy Clause: While StaackBooks provides tools for calculating and visualizing financial data, the accuracy of these calculations depends on the data inputs provided by the user. We guarantee the accuracy of the calculations generated by our code, but the user is responsible for ensuring that all data inputs are precise. Users should engage a qualified accountant for the verification of financial records for tax purposes. By using the app, you agree that StaackBooks serves as a preliminary tool for managing financial data and does not replace the need for professional bookkeeping or accounting services. The accuracy and certification of financial records are the responsibility of your accountant.

12. Dispute Resolution

Disputes arising under these Terms shall be addressed through direct negotiation first, followed by formal resolution in
New York, NY, under the laws of the State of New York.

13. Limitation of Liability

The StaackBooks app includes a suite of features designed to automate and streamline back-office functions, enhancing your ability to manage and oversee your business efficiently:

  • Use or misuse of and reliance on StaackBooks,
  • Inability to use StaackBooks,
  • The interruption, suspension, or termination of StaackBooks (including such damages incurred by third parties).

Exceptions to Limitation of Liability: Notwithstanding the provisions above, this limitation of liability does not apply to damages resulting from Staack Technologies Inc.'s own fraud, gross negligence, willful misconduct, or intentional violation of law. Additionally, it does not limit liability for death or personal injury resulting from our negligence, nor any other liabilities that cannot be legally restricted. This section aims to limit Staack Technologies Inc.'s liability to the maximum extent permissible under the law. However, we understand and respect the rights of consumers and users where liabilities cannot be legally restricted.

14. Contact Information

For any questions or concerns about these Terms, our Privacy Policy, or the app, please contact us at legal@staackbooks.com. Attn: Legal Department. Staack Technologies Inc. 32 Mercer St, 3rd Floor, New York, NY 10013

Effective as of: 06/19/24