Boston Bud Factory
Boston Bud Factory is a locally owned, locally managed, locally staffed, and locally financed company focusing on the emerging Cannabis Industry in Massachusetts. Boston Bud Factory will prioritize community advocacy, community awareness and education rather than profits. The Boston Bud Factory Wellness Center will have a network of Registered Nurses and Care Givers who are available for patient consultations, dosing information, educational seminars, and employee training.
Each location will give hiring priority to minority and women candidates as well as people who reside in areas of disproportionate impact. All Boston Bud Factory Retail Locations will have a patient consultation area in the retail space. Boston Bud Factory will set the example locally for community stewardship, education, and training.
Our Plans For A Positive Impact
Boston Bud Factory
Social Equity & Economic Empowerment
We will work with local social equity and economic empowerment applicants to hold job fairs in areas of disproportionate impact. Boston Bud Factory is working with the Pioneer Valley Cannabis Industry Summit and Nueva Esperanza in Holyoke to hold job fairs and put on training and community education events.
In addition to free support, employees of any equity applicants will be allowed to participate in all Boston Bud Factory monthly employee training programs covering topics such as diversion, addiction, cannabis education, and many other topics. Monthly training will be done at each Boston Bud Factory location in accordance with 935 CMR 500.105 (2) and will be open to employees from local social equity establishments at no charge.
Boston Bud Factory will host a minimum of one job fair in an area of disproportionate impact per year.
Boston Bud Factory will donate a minimum of 20 hours per year to support local educational events such as the Pioneer Valley Cannabis Industry Summit.
Supporting The Local Community
We target 1% – 3% of gross revenues to support the local communities where its retail shops are located.
Boston Bud Factory has pledged financial support to Nueva Esperanza through space rental for job fairs and other support as need arises, Boston Bud Factory expects to contribute anywhere from $500 to $2,500 annually.
A portion of all revenues will be donated to Meg’s Fight for a Cure, a local foundation which raises money for Huntington’s Disease research. Meg’s Fight was documented in a book by Ezra Parzybok, detailing how medical marijuana was used to help a dying girl, as well as how cannabis impacted the family. Kinser Cancelmo, the founder of Meg’s Fight for a Cure has agreed to the support as detailed in the attached letter. Boston Bud Factory expects to donate anywhere from $500 to $5,000 to Meg’s fight for a cure.
Annual Report On Our Positive Impact
Boston Bud Factory already believes that it has a very strong Positive Impact in the community and reports will then be done annually for as long as the business is in operation.
The annual report will be published on the Boston Bud Factory website as well as made available for the Cannabis Control Commission.
Boston Bud Factory has already started to impact the local community through sponsorships and community education. Boston Bud Factory has organized and hosted 4 Pioneer Valley Cannabis Industry Summits to promote education and community involvement with the emerging Cannabis Industry. Boston Bud Factory has also held two job fairs in areas of disproportionate impact, with plans for another in the first quarter of 2020.
Boston Bud Factory will adhere to all requirements set forth in 935 CMR 500.105(4) which oversees the permitted and prohibited advertising, branding, marketing, and sponsorship practices of every Marijuana Establishment.
Boston Bud Factory will operate in accordance with all applicable state regulations with respect to limitations on ownership or control as well as all other applicable state laws.
All organizations mentioned in this plan have been contacted and letters are included noting their awareness that Boston Bud Factory plans to donate funds in the future and they are ready and willing to accept all donations. Nueva Esperanza is located in an area of disproportionate impact and as such will help identify candidates that support company goals as noted below,
Our Diversity Plan
Our Commitment To Diversity
Maintain a diverse workplace & Target 25% – 50% minority/woman employees at each location:
- Target hiring minorities, women, veterans, people with disabilities, and people of all gender identities and sexual orientation.
- Hold employment fairs in areas with high minority populations and/or areas of disproportionate impact.
Utilize Woman and Minority Owned businesses as suppliers wherever possible. Boston Bud Factory will prioritize local and minority/woman owned businesses for any product supply requirements whenever possible. As part of the annual report we will also report how many equity licenses exist in the state and how many Boston Bud Factory utilizes as suppliers. The goal will be to have 5% – 15% of all purchased products sourced from Minority, Woman, and locally owned businesses.
Host at least one Job fair per year in areas of disproportionate impact or areas with high minority populations. Job fairs will be held as needed based on staffing requirements but no less than one per year will be held.
We look forward to hearing from you