MLchartDataset catalogue

Hemp or industrial hemp

Term · Insurance and risk management · MLC-T-INS-001723

A variety of the Cannabis sativa plant cultivated for industrial and commercial purposes, containing less than 0.3% tetrahydrocannabinol (THC) by dry weight. Its low THC content distinguishes it legally from marijuana. Insurance policies for hemp operations address risks such as crop loss, processing facility damage, and product liability, often requiring specific endorsements due to its unique regulatory status.

Table 1. Record
IdentifierMLC-T-INS-001723
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-001723",
  "term": "Hemp or industrial hemp",
  "field": "Insurance and risk management",
  "definition": "A variety of the Cannabis sativa plant cultivated for industrial and commercial purposes, containing less than 0.3% tetrahydrocannabinol (THC) by dry weight. Its low THC content distinguishes it legally from marijuana. Insurance policies for hemp operations address risks such as crop loss, processing facility damage, and product liability, often requiring specific endorsements due to its unique regulatory status.",
  "url": "https://mlchart.com/terminology/insurance/hemp-or-industrial-hemp/"
}

Record 1,645 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.