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Our Pricing Policy

MINDFUL INDULGENCE UNILATERAL PRICING POLICY

Oklahoma

Distributed by: Tribe Edibles, LLC #PAAA-20C1-1RAH

 

Dear Authorized Retailer,

We at Mindful Indulgence have devoted ourselves to creating and distributing the highest quality edible products at fair and reasonable prices. Since the beginning, we have dedicated our efforts to building great relationships with our chosen retailers. We have always put a high priority on creating and maintaining a highly respected brand image among Mindful consumers, patients, and retailers. 

We firmly believe that heavy discounting of our products below our MSRP is detrimental to our brand name and image. Such discounting also threatens the profits and margins of our valued retail partners, such as yourself. Our wholesale and retail prices are based on what we feel to be the true value of our products and reflect fair prices to our retailers and consumers. 

In order to successfully compete in the marketplace and to maintain its premium brand position and quality standards, Mindful Indulgence has announced this Unilateral Price Policy (“Policy” or “UPP”). 

 

 

 

1. POLICY STATEMENT

Mindful Indulgence, in its sole discretion, reserves the right to discontinue doing business with any Authorized Reseller that sells any products(s) covered by this Unilateral Pricing Policy at a price lower than the UPP.

 

2. GENERAL GUIDELINES

A. The products covered by this policy are listed in SECTION VI, [“List of UPP Products”]. Mindful Indulgence may at its own discretion modify this list from time to time. It is the Authorized Reseller’s responsibility to review this policy. 

B. Mindful Indulgence recognizes that Authorized Resellers are free to make their own decisions to advertise and sell Mindful Indulgence products at any price they choose, without consulting or advising Mindful Indulgence. Similarly, Mindful Indulgence will exercise its right to make its own decisions regarding our Mindful Indulgence Reseller Program, supplemental marketing materials, point-of-sale displays, product allocation, new product availability, or future promotional programs.

C.  This UPP applies to advertised prices, as well as the actual price sold to an individual. 

 

3. ADVERTISING GUIDELINES

A. The UPP applies to all advertising of UPP Products in any and all media, including but not limited to flyers, posters, coupons, mailers, inserts, magazines, public signage, internet sites, social media sites, apps, or any other electronic media. 

B. The UPP does not solely apply to on-premise or in-store advertising that is not seen or distributed to customers or clients. 
C. It shall not be a violation of this UPP to advertise Mindful Indulgence products as long as the Authorized Reseller does not include any advertised price below UPP, otherwise complying with this Unilateral Pricing Policy. 
D. From time to time, Mindful Indulgence may permit Authorized Resellers to advertise UPP products at prices below UPP prices as shown in the most current price sheet, or communicated directly by Mindful Indulgence. In such events, Mindful Indulgence reserves the right to modify or suspend UPP prices with respect to the affected products for a specified period of time by providing advance notice to all Authorized Resellers of such changes. 

 

4. POLICY ENFORCEMENT
A. If an Authorized Reseller with single or multiple store locations violates this UPP at any one store location, or on any associated website, Mindful Indulgence will consider this to be a violation by the store. 
B. Mindful Indulgence reserves the right to cancel any pending orders, restrict future orders, or suspend stores’ account if Mindful Indulgence reasonably believes: An Authorized Retailer has violated the provisions of this policy; or An Authorized Retailer intends to violate this policy.
C. Mindful Indulgence’s UPP Administrator is solely responsible for determining whether a violation of the UPP has occurred, as well as determining appropriate sanctions. 
D. Waivers to this UPP may be granted in Mindful Indulgence’s sole discretion by the UPP Administrator in writing. Mindful Indulgence Sales, Marketing, Distributors, or other personnel are not authorized to modify or grant exceptions to the UPP. In the event that the UPP Administrator authorizes a waiver to the UPP, dealers must strictly adhere to the terms of the waiver letter.  Deviation from the terms of the waiver letter are deemed an additional violation of this UPP.
E. Mindful Indulgence monitors the advertised prices of retailers, either directly, or via the use of third-party agencies or tools. Retailers are expected to provide reasonable cooperation in any Mindful Indulgence investigation regarding possible UPP violations.  Hindering, obstructing, delaying, or otherwise failing to cooperate with a Mindful Indulgence UPP investigation is a violation of this Unilateral Pricing Policy.
F. The UPP Policy will be enforced by Mindful Indulgence in its sole discretion and without notice.  Dealers, resellers, have no rights to enforce the UPP.  Violations of this policy may result in the aforementioned sanctions up to and including termination of our business relationship, as well as any available remedies at law.  

 

5. SEVERABILITY

A. If any of the provisions of this Unilateral Pricing Policy shall be held by a court or other tribunal of competent jurisdiction to be illegal, invalid, or unenforceable, such provisions shall be limited, or eliminated, to the minimum extent necessary so that this UPP shall otherwise remain in full force and effect.

 

6. LIST OF UPP PRODUCTS

A. Please see the most current UPP Pricing Sheet as published by Mindful Indulgence. 

 

We thank you for your trust and continued loyalty to our brand and our business practices, all of which are designed and focused on helping you build your business while providing patients with consistent quality and effects that they can trust.