This bottle of CBD oil is worth $20,000. Nearby warehouse aids retain it protected – NewsChannel5.com

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SPRINGFIELD, Tenn. — Farmers can now shop their unsold hemp at a storage warehouse in Robertson County.

The facility was developed to fill quite a few wants: a dry and temperature controlled space to shop the crop and a spot exactly where hemp will be insured.

On the other hand, it has a third advantage. It will guard the crop against hemp thieves who are seeking to money in on the highly-priced crop and its even a lot more highly-priced extract, CBD.

It is ran by JJGenPro, who themselves farm and method hemp.

A bottle the size of a mason jar can be worth as a lot as $20,000 or even a lot more. Some farmers are reporting thieves have stolen the dry flower of the plant or even entire trees in the field.

“We’re going to do points in this in this warehouse to attempt to stop that We’re going to have safety cameras everywhere,” stated Kathy Gunn, chief enterprise officer for the organization. “We’re going to have 24/7 monitoring. All the principal doors, it is going to be complicated to get in. It is also going to be gated so it will complicated to get in. We have a gully about the house that will make it challenging to get trailers in.”

Farmers across Tennessee are reporting they cannot uncover anybody to get their crop. The pilot plan had several new participants in 2019 and a big raise in the quantity of crop has verified to be also a lot volume for nearby processors who turn the flower into oil.

Gunn believes the marketplace value will come back up subsequent year.

“Hopefully, it will assistance our farmers in Robertson County have a spot to place their hemp till spring time.”

Also, insurance coverage for hemp is essential since most farmers cannot get their crop insured. This implies if some thing occurs to the hemp though in the warehouse, it is covered.

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