Insurance issues, including exorbitant premiums, have exposed cracks in the industry, threatening to undermine various aspects of the cannabis world. Read more
Cannabis businesses have shut down (or have been destroyed) and supply chain issues have arisen. Access to medical cannabis for patients is also a problem. Read more.
One of the major issues that will affect cannabis is all the long-term effects on the crops due to the smoke. Insurance will again be a problem as many cannabis operations are uninsured. Read more.
Crisis Profiteering
“Never let a good crisis go to waste,” Winston Churchill is often attributed as saying (even if no such evidence supports this). And in the case of many tragedies, this is an unfortunate reality. People will always exploit a disaster for financial gain. A recent report by Rolling Stone has warned that insurance companies might try to use the Los Angeles fires to their advantage.
Other media outlets are drawing attention to price-gouging tactics already in place before the fires, which now pose an even greater hardship now that so many in the Los Angeles area have been displaced from their homes. Authorities have cautioned would-be donors to only donate to vetted charities, with thousands of instances of scam artists creating fraudulent charities.
If you want to donate to a legitimate charity, you can select from our list below. You can also go to GoFundMe’s list of verified fundraisers available here.
