California Cannabis Surety Bond
Every California cannabis licensee must file a $5,000 surety bond payable to the state. It is a small, fast bond, and we place it for licensees of every type.
- Bond amount
- $5,000
- Authority
- California Department of Cannabis Control
The premium is a percentage of the bond amount, set by underwriting. The figures above are the bond amounts, not what you pay.
What it is
California requires each cannabis license to carry a $5,000 surety bond payable to the state, which covers the cost of destroying cannabis goods if that becomes necessary. It is required to obtain and maintain your license with the Department of Cannabis Control.
Who needs it
- Cannabis cultivators, manufacturers, and distributors
- Cannabis retailers and microbusinesses
- Any California cannabis licensee maintaining a state license
Bond amounts and requirements are general guidance and can change. Confirm the current requirement with the listed agency before you file. We will quote your exact bond.
Tough credit or a prior claim? It's welcome here. See how we place hard-to-place surety bonds, or get a quote and we'll place your exact bond.
Cannabis Bond FAQs
How much does a cannabis bond cost?
Do I need a separate bond for each license?
Ready for your cannabis bond?
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