How It Works

Step-by-Step Process:

1. Registration & Verification:

   • Both buyers and sellers register on the WCES platform.
   • WCES verifies the credentials, licenses, and identity of both parties to ensure legitimacy and compliance with regulations.

2. Initiating a Transaction:

   • The buyer and seller agree on the terms of the sale, including product details, quantity, price, and delivery date.
   • The agreed-upon terms are then entered into the WCES platform to initiate the escrow process.

3. Secure Payment:

   • The buyer deposits the agreed-upon payment into the WCES escrow account. The funds are securely held and are not accessible to either party until the transaction is completed.

4. Product Delivery & Verification:

   • The seller delivers the cannabis product to the buyer as per the agreed terms.
   • WCES, through third-party inspectors or labs, verifies that the delivered product matches the agreed-upon specifications in terms of quality, quantity, and other criteria.

5. Release of Funds:

   • Once the product is verified and the buyer confirms receipt and satisfaction, WCES releases the funds from the escrow account to the seller.
   • Both parties receive a confirmation of the completed transaction.

6. Dispute Resolution (if necessary):

   • If there’s a disagreement regarding the product or terms, either party can raise a dispute on the WCES platform.
   • WCES steps in as a neutral mediator to review the case, gather evidence from both sides, and provide a resolution. The funds remain in escrow until the dispute is resolved.

7. Feedback & Ratings:

   • After the transaction is completed, both parties can leave feedback and ratings for each other on the WCES platform. This helps build trust and reputation within the community.

8. Continuous Learning:

   • Users have access to educational resources, regulatory updates, and market trends provided by WCES to stay informed and make better business decisions.

Key Points:

• Security: All transactions and communications on the WCES platform are encrypted and secure. Personal and financial information is protected with the highest standards of cybersecurity.

• Transparency: Every step of the transaction is recorded and can be tracked in real-time by both parties. This ensures complete transparency and trust in the process.

• Compliance: WCES continuously updates its verification and compliance checks based on evolving cannabis regulations, ensuring that all transactions are legal and above board.

• User Support: WCES provides 24/7 customer support to assist users with any queries, issues, or guidance they might need during the transaction process.

By following this structured and secure process, WCES ensures that wholesale cannabis transactions are smooth, trustworthy, and beneficial for all parties involved.