In August the small, family-owned Sweet Creek Farm was badly damaged in the Walbridge Fire. The Russian River grow is just one of the devastated operations being asked to bounce back without the benefit of insurance.
- Part of the LNU Lightning Complex fires, the Walbridge fire burned 70% of Sweet Creek Farm’s crop and a house on the property.
- Cannabis growers suffer from putting disproportionate capital into licensing and compliance when crop insurance and access to banking services is what’s needed.
- Only 5% of hemp crops are insured.