Virginia to Partake in New Hemp Crop Insurance Program
Virginia’s hemp crop insurance program has been successfully secured by members of the state’s congress.
The company running the program, AgriLogic, received a letter from the state’s congressional delegation that reads, in part:
“As AgriLogic works to finalize its hemp crop insurance pilot, we ask that Virginia receive full and equal consideration for inclusion in the program.”
The letter further reads,
“We believe including Virginia would result in the development of a stronger and more robust insurance product, which would benefit growers, processors, consumers, and taxpayers across the country.”
The state’s senators Tim Kaine and Mark Warner, and representatives Denver Riggleman, Morgan Griffith, Don Beyer, Ben Cline, Eline Luria, and Abigail Spanberger signed the letter.
In a press release, the lawmakers stated,
“We are thrilled to have been able to secure Virginia’s place in this critical pilot program. The Commonwealth has a long history of industrial hemp research and development and Virginia’s inclusion in this critical pilot program will allow producers to better protect their crops in the event of a natural disaster.”
“Additionally, the data collected from our producers will help provide a stronger and more robust insurance product, benefiting growers, processors, consumers, and taxpayers across the U.S.”
All information is for general informational and educational purposes only. Nothing should be interpreted as legal or medical advice.