hempbuzz United States (US) 291 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 313 Answers 0 Best Answers 660 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, and 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 always 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 plant to be insured, just like any other farming operation is able to ensure 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 to can add an answer. Username or email* Password* Remember Me! Forgot Password?