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Hemp Yield Insurance to Be Offered

Praedictus Climate Solutions announced that Diversified Crop Insurance Services (DCIS) plans to offer Parametric Hemp Production Coverage policies across the lower 48 United States for the crop year 2020. This coverage, based on Praedictus’ crop modeling technology, provides protection from climatic conditions for hemp crops by assessing each season’s viability for growing hemp, accounting for temperature, precipitation, and solar radiation. Policies will be offered for all counties in the contiguous United States where it is legal to grow hemp.