Wildfire Risk Upends California's Cannabis Heartland as Insurance Vanishes.

STATE laws; PROPERTY insurance; INSURANCE policies; AUTUMN; FARMERS; MARIJUANA industry; INSURANCE companies; LAND use planning

California's cannabis farmers are facing a crisis as major insurers withdraw coverage due to wildfire risk. The Emerald Triangle, a region known for cannabis cultivation, has been particularly affected. The state-created insurer of last resort, the FAIR plan, does not cover marijuana growers due to federal restrictions. This leaves small growers with the choice of going without insurance or hiding their business from the FAIR plan, both of which come with significant risks. The situation is exacerbating the challenges faced by the already struggling cannabis industry in California. [Extracted from the article]

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