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VITALIBIS, INC. (OTC:VCBD) utilizes a robust technology platform and innovative micro-influencer sales model to market and sell premium, full spectrum, phyto-cannabinoid rich (PCR) hemp oil products, along with personal care and certified organic nutritional products. In addition to leveraging technology and selling high-quality products, Vitalibis focuses on supporting non-profits with environmental, health / wellness and neuro-emotional missions.
Vitalibis, Inc. ("Vitalibis") is committed to conducting its business in compliance with the law and the highest ethical standards. This Code of Ethics for the Chief Executive Officer and Senior Financial Officers (the “Code”) summarizes the standards that must guide the actions of Vitalibis' Chief Executive Officer, Chief Financial Officer, Controller, and the members of the Chief Financial Officer’s Financial Leadership Team (collectively, the “Senior Financial Officers”). While covering a wide range of business practices and procedures, this Code cannot and does not cover every issue that may arise, or every situation in which ethical decisions must be made, but rather sets forth key guiding principles of business conduct that Vitalibis expects of its Senior Financial Officers. This Code should be read in conjunction with Vitalibis’ other corporate polices and procedures, including those related to corporate disclosure, conflicts of interest, insider trading, and the protection of confidential information.
This Code is intended to be our Code of Ethics for Senior Financial Officers pursuant to the provisions of Section 406 of the Sarbanes-Oxley Act of 2002 and related rules of the U.S. Securities and Exchange Commission.h4>Compliance with Laws, Rules, and Regulations
Vitalibis is strongly committed to conducting its business affairs with honesty and integrity and in full compliance with all applicable laws, rules, and regulations. No Senior Financial Officer may commit an illegal or unethical act, or instruct or authorize others to do so, for any reason, in connection with any act, decision or activity that is or may appear to be related to his or her employment by or position with Vitalibis.
All Senior Financial Officers have an obligation to act in the best interest of Vitalibis, and should avoid any situation that presents an actual or potential conflict between their personal interests and the interests of Vitalibis.
A Senior Financial Officer has a conflict of interest when his or her personal interests, relationships or activities, or those of a member of his or her immediate family, interfere or conflict, or even appear to interfere or conflict, with Vitalibis’ interests. A conflict of interest can arise when a Senior Financial Officer takes an action or has a personal interest that may adversely influence his or her objectivity or the exercise of sound, ethical business judgment. Conflicts of interest can also arise when a Senior Financial Officer, or a member of his or her immediate family, receives improper personal benefits as a result of his or her position at Vitalibis.
No Senior Financial Officer should improperly benefit, directly or indirectly, from his or her status as a financial officer of the Vitalibis., or from any decision or action by Vitalibis that he or she is in a position to influence. By way of example, a conflict of interest may arise if a Senior Financial Officer:
Each Senior Financial Officer is expected to use common sense and good judgment in deciding whether a potential conflict of interest may exist. Any potential conflict should be disclosed to the General Counsel and on the annual “Conflicts of Interest and Accounting Controls Management Questionnaire.”
Vitalibis is committed to providing information about Vitalibis to the public in a manner that is consistent with all applicable legal and regulatory requirements and that promotes investor confidence by facilitating fair, orderly, and efficient behavior. Vitalibis’ reports and documents filed with or submitted to the Securities and Exchange Commission, and Vitalibis’ other public communications, must include full, fair, accurate, timely, and understandable disclosure. All employees who are involved in the Vitalibis’ disclosure process, including the Senior Financial Officers, are responsible for using their best efforts to ensure that Vitalibis meets such requirements.
Senior Financial Officers are prohibited from knowingly misrepresenting, omitting or causing others to misrepresent or omit, material information about Vitalibis to others, including the Vitalibis’ independent auditors.
Senior Financial Officers are expected to comply with all of the provisions of this Code. This Code will be strictly enforced and violations will be dealt with immediately, including subjecting Senior Financial Officers to corrective and/or disciplinary action such as dismissal or removal from office. Violations of this Code that involve unlawful conduct will be reported to the appropriate authorities.
Situations that may involve a violation of ethics, laws, or this Code may not always be clear and may require difficult judgment. Senior Financial Officers who have concerns or questions about violations of laws, rules or regulations, or of this Code, should report them to the General Counsel.
The General Counsel will have primary authority and responsibility for the enforcement of this Code, subject to the supervision of the Audit Committee of the Board of Directors, and shall notify the Audit Committee of any violation of the Code.
Vitalibis encourages all directors, officers, and employees to report promptly any suspected violation of this Code to the General Counsel. Vitalibis will tolerate no retaliation for reports or complaints regarding suspected violations of this Code that were made in good faith. Open communication of issues and concerns without fear of retribution or retaliation is vital to the successful implementation of this Code. Vitalibis will take such disciplinary or preventive action as it deems appropriate to address any violations of this Code that are brought to its attention.
Amendments to or waivers of the provisions in this Code for Senior Financial Officers will be promptly disclosed to Vitalibis’ shareholders.
Vitalibis, Inc. provides due diligence experiences for institutional analysts and investors. Our experience includes meetings with high level executives and operational teams.