USDA Announces Two More Hemp Insurance Programs - Cannabis News

The U.S. Department of Agriculture (USDA) announced on Thursday that hemp farmers are now eligible for two crop insurance programs that offer coverage in the event of natural disasters.

The first pilot program, Multi-Peril Crop Insurance, will be available for farmers in select counties in 21 states for the 2020 crop season.

It provides coverage for crop losses attributed to weather, fire, disease and other natural events. Hemp cultivated for fiber, grain or CBD qualify for the program.

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Kyle Jaeger ~ MarijuanaMoment.net ~