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Consumption Lounge

Protecting Cannabis Consumption Lounges from Every Angle

Customized insurance solutions to safeguard your business, customers, and reputation.

Consumption lounges are a new addition to the maturing Cannabis Industry. These lounges offer consumers a place to socialize while enjoying cannabis products like flower, joints, and edibles to those of age for purchase and use while on the premises.

 

Consumption lounges provide a safe space to consume, being that cannabis is strictly regulated from seed-to-sale and that these lounges are operated by knowledgeable professionals. 

 

However, these consumption lounges also add new complexities and unique risk exposure for operators. Consumption lounges face many of the same liabilities and risks as dispensaries and cultivation facilities, including on-premise slip and falls, product recalls, crime exposure, loss mitigation and health-related risks.

 

Budrisk’s team has extensive experience in the retail and hospitality markets, so we know how to help you protect your lounge, your employees, and yourself from potential harm.

COVERAGE SOLUTIONS

General Liability

Builders Risk

Directors & Officers Liability

Building Coverage

business Interruption

A standard insurance policy to protect cannabis operations from claims about property damage or bodily harm.

Protects equipment and material used for construction/renovation of your building.

Our Insurance can protect executives from claims against them or their cannabis company due to alleged negligence.

Covers repairs or replacement for damage to company-owned property and equipment.

Provides continued income in the event of unexpected disruption to your cannabis business. 

Workers Compensation

professional Liability

Equipment & business property

Group health and benefits

Theft and Property Loss

Insurance to provide wage replacement for workers injured on the job and defend cannabis companies from employee lawsuit.

Policy designed to protect professionals against liability related to their specialty.

Coverage for all company-owned unattached property, such as furniture or equipment.

Policy designed to protect professionals against liability related to their specialty.

Our Insurance offers healthcare and benefits packages to selected employees and executives.

Securing Your Lounge in 3 Steps

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Risk Assessment: We evaluate your lounge’s specific risks and insurance needs.

Custom Policy Design: Develop a comprehensive insurance package tailored to your business.

Ongoing Support: Receive continued assistance with claims, renewals, and policy updates.

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Here at Budrisk, we specialize in identifying tailored solutions to manage the unique risks faced by Consumption Lounges.

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We provide the most competitive and comprehensive insurance coverage to safeguard your operations, compliance, and reputation nationwide.

WHY BUDRISK?

+50

Over

Years of Combined Expertise

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With decades of combined experience, our team brings unparalleled knowledge and understanding to the unique challenges of the Cannabis Industry.

Focusing on a clients needs

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Personalized Risk Evaluation


Each client receives a detailed, one-on-one risk assessment, ensuring we address specific vulnerabilities and needs for complete peace of mind.

Checklist going over insurance needs

​​Tailored Insurance Solutions


We design every insurance plan around your business’s unique needs, providing coverage that truly supports and protects your growth.​

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Dedicated Industry Partners


More than just an insurance provider, we are committed partners invested in your success, offering guidance every step of the way.

READY FOR TAILORED PROTECTION?

Click below to start your personalized quote and see how Budrisk can protect your business with solutions built around your unique needs.

WHAT OUR CLIENTS THINK?

"Anytime I need anything I can hit them up immediately, they get back to me immediately, and everything that I need for my customers comes back immediately - it's been great."

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Joe Gratta

Atlantic Mechanical

"All the staff have always been there whenever I had any concerns or issues. The customer service that I get from Budrisk is great and truly appreciated!”

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Jeff Similien

Lowkey

I am grateful for the service I get from Budrisk. They are great partners to work with as they truly want us to succeed. They are always there for us and are ready to help in any way they can.  We get direct and immediate support whenever we need it - which is refreshing and tremendously appreciated!  

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Jeanine MacKenzie

BeachGrass Topicals

Need more information? Contact us for a complementary consultation.

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