Growth & Cultivation
Growth and cultivation is the beginning of the entire marijuana industry. By ensuring strain quality, growth potential, and timely harvesting, cultivators produce the base product that is spread throughout the industry. This crucial process comes with inherent risks: crop failure, greenhouse malfunctions, or product theft. Here at Budrisk, we have identified solutions to manage these risks to ensure continuity of your business.
If you're involved in cultivation, you may be one of these different business types:
Standard Cultivator: A grower or business that produces marijuana on no more than 100,000sq ft of operating space
Growth Cooperative: A group of individuals who grow cannabis under one license at multiple locations
For more information, check out the MA Cannabis Control Commission's website, or look at this document
made by the CCC that outlines the specifics of each cultivator type and the regulations surrounding them.
A standard policy to protect corporations from claims about property damage or bodily harm.
Policy to protect executives from claims against them or their company due to alleged negligence.
Insurance to provide wage replacement for workers injured on the job and defend companies from employee lawsuit.
Coverage for all company-owned unattached property, such as furniture or equipment.
Provides continued income in the event of unexpected business disruption.
Offers healthcare and benefits packages to selected employees and executives.
Provides full restitution of value of stolen goods in the event of property or product theft.
Covers repairs or replacement for damage to company-owned property and equipment.
Provides defense against injury claims allegedly caused by products sold by your business.
Protects against legal action taken due to malicious breaches of cyber security software.
Policy designed to protect professionals against liability related to their specialty.
Protects equipment and material used for construction/renovation of your building.
Coverage for financial loss due to equipment failure or destruction during operation.
Insures against destruction of crops due to natural disaster or poor seasonal conditions.