Moving into 2020, many of the challenges we as lenders saw in the industry are still present today. We are all still waiting on FDA regulations that many feel will set the course for what the hemp industry will be in the future. We continue to see a market adjustment on the processing side as we validate those processors that will be in business for the long haul. On the insurance side, we will have a crop insurance product for 2020 but there is a lot to learn about how the product will work and how it will support our growers. Most importantly, we are still trying to understand the full scope of demand for the product and adjust our production to meet, not exceed, that demand.
"Lending Risk Associated with Hemp Production,"
Journal of Agricultural Hemp Research: Vol. 1:
2, Article 2.
Available at: https://digitalcommons.murraystate.edu/jahr/vol1/iss2/2