As wine growers assess the damage from the Northern California wildfires, marijuana farms are also counting their losses. But unlike other businesses, they have little reprieve.
“We’ve lost millions of dollars of product for sure,” said Ned Fussell, CEO of CannaCraft. “And we have no insurance.”
Even though California will begin issuing licenses for commercial cannabis starting in January, farmers like Fussell do not qualify for crop insurance, because growing marijuana is still against federal law.