The USDA created a pilot hemp insurance program that covers against loss of yield for hemp grown for fiber, grain, or CBD; the agency also gave hemp farmers access to the federal Noninsured Crop Disaster Assistance Program.

To be eligible for the pilot program, hemp producers must have at least one year of production history and have a contract for the sale of the insured hemp. The policy requires minimum acreage of 5 acres for CBD and 20 acres for grain and fiber.

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