Modern Slavery Statement

Colorado Premium CBD is committed to ethical and responsible business practices, and we condemn all forms of modern slavery and human trafficking. This Modern Slavery Statement outlines our commitment to preventing and addressing these issues within our operations and supply chains.

Our Commitment:

1.      Policy: We have implemented a Modern Slavery Policy that reflects our commitment to combat modern slavery and human trafficking. This policy is communicated to all employees, suppliers, and business partners, outlining our expectations and commitment to ethical practices.

2.      Risk Assessment: We conduct regular assessments to identify and address the risk of modern slavery and human trafficking within our operations and supply chains. These assessments help us understand potential vulnerabilities and implement appropriate measures to mitigate these risks.

3.      Supplier Due Diligence: We maintain a robust supplier due diligence process to ensure that our suppliers share our commitment to ethical practices. We assess their compliance with labor laws, human rights standards, and anti-slavery practices. We engage with our suppliers to encourage transparency and collaboration in combating modern slavery.

4.      Supplier Contracts: Our supplier contracts include provisions that explicitly prohibit the use of forced labor, child labor, and any form of human trafficking. These contractual obligations reinforce our commitment to ethical practices and hold our suppliers accountable.

5.      Employee Awareness and Training: We provide training to our employees to raise awareness about modern slavery and human trafficking. This education equips our employees with the knowledge to identify potential risks and report any concerns.

6.      Reporting Mechanisms: We maintain reporting mechanisms to encourage employees, suppliers, and stakeholders to report any suspected instances of modern slavery or human trafficking. We treat all reports seriously, investigate them thoroughly, and take appropriate action based on the findings.

7.      Collaboration and Transparency: We actively engage with industry peers, organizations, and stakeholders to share best practices, promote transparency, and collaborate in the fight against modern slavery and human trafficking. We support initiatives that aim to eradicate these practices globally.

Our Future Goals:

In our ongoing commitment to combat modern slavery and human trafficking, we aim to:

1.      Continuous Improvement: We will regularly review and update our policies, procedures, and practices to ensure they align with emerging industry standards and best practices.

2.      Supply Chain Audits: We will explore opportunities to conduct audits and assessments of our supply chains to evaluate compliance with our ethical standards. These audits will help us identify areas for improvement and promote responsible sourcing.

3.      Supplier Collaboration: We will work closely with our suppliers to promote transparency and responsible practices throughout the supply chain. We will encourage suppliers to adopt and implement their own measures to combat modern slavery.

4.      Education and Awareness: We will continue to provide training and educational resources to our employees and stakeholders, fostering a culture of awareness and understanding regarding modern slavery and human trafficking.

Conclusion:

Colorado Premium CBD is committed to preventing and addressing modern slavery and human trafficking. We strive to operate in an ethical and responsible manner, and we expect the same commitment from our suppliers and partners. By working together, we can contribute to a world free from modern slavery.

This Modern Slavery Statement will be reviewed periodically to ensure its ongoing relevance and effectiveness.

For any questions or concerns regarding our Modern Slavery Statement, please contact us at [email protected].

Date of Statement:19 june 2023

Review Date: 20 june 2023