HEMP CROP INSURANCE

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The right Hemp Outdoor Crop Insurance coverage for your business

WHAT IS HEMP?

Hemp is a valuable crop because of its stalk and seed and has many benefits over multiple things. The outer part of the hemp seed is called the cake, which is fibrous and starchy and is now being famously used as cattle feed.

The hemp oil is extracted from the seed, which like many oils, has a variety of usages, not only as fuel but in a range of products such as paints, varnishes, and inks.

The other component is the nut, which is extremely nutritious (rich in omega-3s.) The nuts are commercially sold and used in different dessert products. In fact, the seed itself is a highly demanded product from the industry as it is very much liked in muffins, cookies, and homemade trail mixes and energy bars.

The stalk creates the kinds of products that are majorly associated with hemp, as known by the people. The bast fiber of the stalk is used to make industrial products like clothing, canvas, bags, and rope. Other elements of the hemp stalk are used in the making of paper products and cardboard—major uses of hemp stalk—as well as ethanol.

OUTDOOR CROP FARMING

The green plant with long, blade-like leaves having many small teeth on each side, has more to itself than getting anyone ‘high.’ By 2016, this multi-tool plant grew itself into a big industry with a rough worth of nearly $700 billion. The legalization of the plant made this industry huge and introduced people to hemp production and hemp crop insurance.

One reason that hemp crop farming is popular among farmers familiar with the particular crop is that it is fairly easier to grow, comparatively. It doesn’t require wet soil or a lot of rain to thrive. Hemp crops need much less water than cotton crops and result in a much higher yield. Moreover, hemp is pest-resistant, which means it doesn’t require hefty amounts of chemical pesticides and delicate care. Further, the growth of hemp crops naturally aerates the soil with carbon-dioxide.

The hemp benefits are now being recognized largely and its industrial uses, which is why outdoor hemp crop farming is the fastest-growing industry in the U.S. today. It works as an incredible alternative to plastics, encouraging sustainability as it degrades much less slowly and doesn’t comprise leeching of chemicals.

Hemp is a farmer-friendly crop and relatively environmentally-friendly with an amazing variety of lifestyle uses.

OUTDOOR CROP INSURANCE FOR HEMP

The hemp industry is on the rise, and the market is booming with opportunities. Its status, as well as its prospects, have enhanced as the benefits of the plant got under the limelight. More and more business people and companies are now able to differentiate between the hemp and weed, and this has finally made people look at it as a business opportunity worthy of insurance.

At Coverall Canna, we offer you the best hemp insurance and hemp distribution insurance programs. With our decades of experience in the professional liability market, we are the pioneers in this cannabis insurance industry. Insuring outdoor hemp cultivators, processors, and distributions requires industry expertise, and our team is devoted to it.

Our hemp crop insurance program was started with the singular objective of helping the legal marijuana industry safeguard their products at a reasonable cost. We saw a glaring first-hand need of a helping hand in the hemp insurance industry and took the pledge of backing this budding industry with insurance.

As an independent insurance agency, we help you find and acquire the right insurance solutions you need.