hempbuzz United States (US) 124 Questions 5 Answers 0 Best Answers 40 Points View Profile 0 hempbuzz Asked: February 11, 20202020-02-11T13:58:18-05:00 2020-02-11T13:58:18-05:00In: Hemp Industry Can a hemp business or farm be insured? 0 Can a hemp business or farm be insured? Hemp Share Facebook 1 Answer Voted Oldest Recent amanda.tolar Waynesburg, United States (US) 0 Questions 151 Answers 0 Best Answers 318 Points View Profile amanda.tolar 2020-05-05T23:16:44-04:00Added an answer on May 5, 2020 at 11:16 pm The industry is changing so quickly, it’s hard to answer that definitively. At the beginning of the 2019 growing season, the wide-spread availability of cultivating industrial hemp was still new, and as such there were still weird carryover rules from the decades’ long prohibition. These rules affected the way the profits from hemp sales were stored (like it was a cash-only venture…), and it was not given the same dignity, so to speak, as other crops. However, as the industry grows and gains traction, the perceptions are changing, and more states and carriers are allowing for the crop to be insured, just like any other farming operation is able to insure its goods. 0 Login to Reply Share Share Share on Facebook Share on Twitter Share on LinkedIn Share on WhatsApp Leave an answerCancel replyYou must login or register to add a new answer.