Comprehensive Insurance Solutions for Cannabis Businesses

Protecting cultivators, manufacturers, and retailers with tailored insurance plans.

Our Tailored Insurance Solutions

We provide customized insurance solutions to safeguard every aspect of your Cannabis business. Whether you’re a cultivator, processor, retailer, or manufacturer, our policies ensure your operations are secure.

blank

General Liability

Protects against claims of bodily injury or property damage from third parties.

Click here to learn more

blank

Equipment Breakdown

Assists with the cost of repairing or replacing damaged business equipment.

Click here to learn more

blank

Workers’ Compensation

Offers financial protection for work-related employee injuries or illnesses.

Click here to learn more

blank

Crop and Living Plant Insurance

Covers plants in controlled environments during growth phases.

Click here to learn more

blank

Business Interruption

Provides financial assistance during unexpected operational halts.

Click here to learn more

blank

Product Liability

Coverage for claims forproducts that cause harm to customers.

Click here to learn more

blank

Professional Liability

Shields against claims related to professional errors or services provided.

Click here to learn more

blank

Property Insurance

Covers property losses from risks like fire, theft, or other unforeseen events.

Click here to learn more

Who We Are

Insurance for CBD is a dedicated provider of insurance solutions for the Cannabis and Hemp industries in Minnesota and neighboring states. Backed by Lake Group Insurance, we offer tailored coverage for businesses at every stage of the cannabis supply chain, from cultivation to retail. Our deep understanding of this evolving industry allows us to craft policies that meet the unique risks and challenges that come with the business.

blank

Why Businesses Trust Us

Unlike generic insurers, we specialize exclusively in the cannabis and hemp sectors, ensuring every policy is designed to address industry-specific risks. Our team provides personalized service, connecting you with the coverage you need, all from a single trusted provider.

blank

Industry Expertise

Years of experience working with the cannabis industry sector.

blank

Tailored Policies

Tailored policies to meet your specific needs.

blank

Comprehensive Coverage

From liability to product recall, we’ve got you covered.

Stay Informed

​Dive into the latest insights and updates from the world of the Cannabis Industry. Our blog covers essential tips, industry trends, and expert advice to help you safeguard your business. Whether you’re a seasoned entrepreneur or new to the Cannabis business, we’ve got you covered.

Trump’s Executive Order on Psychedelics

On Saturday, April 18, 2026, President Donald Trump signed an executive order (“Order”) which he proclaimed would “dramatically accelerate access to new medical research and treatments based on psychedelic drugs.” Joe Rogan was there for some reason; Trump joked about...

read more
What Licenses Do You Need to Open a Ketamine Clinic?

What Licenses Do You Need to Open a Ketamine Clinic?

As ketamine clinics become increasingly popular, more entrepreneurs are looking to open clinics themselves. A licensed health care professional may be able to prescribe ketamine for applications like chronic pain, depression and psychiatric disorders. However, the...

read more
Explore all articles →

Stay ahead of the curve with expert tips and actionable insights curated for the CBD industry.

Get In Touch

Lake Group Insurance

110 Cheshire Ln. 200
Minnetonka, MN. 55305