Vitalibis Inc (PK:VCBD)
Business Focus: Pharmaceuticals
| Sector: Healthcare | Industry: Pharmaceuticals |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 3960 Howard Hughes Parkway Suite 500 LAS VEGAS NV 89169 |
| Tel: | N/A |
| Website: | https://www.vitalibis.com |
| IR: | See website |
| Key People | ||
| Steve P Raack Chairman of the Board, President, Chief Executive Officer | Thomas Raack Chief Financial Officer, Treasurer, Secretary | |
| Business Overview |
| Vitalibis, Inc. is a socially conscious brand focused on people, products and the planet. The Company is a technology-based formulator of premium, full spectrum Phyto cannabinoid rich hemp products with naturally occurring cannabidiol, along with safe personal care and nutritional products. The Company's Ambassador program combines the elements of social selling, ecommerce and affiliate marketing into one program empowering its people and social mission driven ecosystem. |
| Financial Overview |
| For the nine months ended 30 September 2020, Vitalibis Inc revenues decreased 26% to $173K. Net loss decreased 62% to $1.8M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Selling/General/Admin. Expense decrease of 91% to $326K (expense), Professional fees decrease of 44% to $94K (expense). |
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