A cannabis farm in Willow Creek, California.
Photographer: Jonah Reenders/BloombergWildfire Risk Upends California’s Cannabis Heartland as Insurance Vanishes
The $5 billion industry is under threat as insurers pull out — and the state-created FAIR plan fails to cover growers.
Hannah Whyte is one of thousands of Californians who have struggled to insure their property in the event of wildfire.
Her 77-acre farm nestled deep in a wildfire-vulnerable forest lost its coverage from State Farm after the mountainous region burned six years ago, and she's found herself excluded from the state-created insurer of last resort designed to protect the most vulnerable. She's become uninsurable because of her crop: cannabis.