California Cannabis Cultivation Bond
Bond Details
California Cannabis Cultivation Bond – $5,000 bond – $150 per year
Overview
The California cannabis cultivation bond is a $5,000 surety bond required by the Department of Cannabis Control (DCC) for cannabis cultivation license applicants. As mandated by Section 15002 of the regulations, this bond ensures compliance with state laws and provides financial assurance for regulatory obligations.
The California cannabis license bond must be issued by a corporate surety licensed in California and payable to the State of California for each licensed premises. Businesses holding multiple licenses may use an aggregated bond to meet this requirement.
Principal: Licensee (you)
Obligee: California Department of Cannabis Control
Surety: NNA Surety
Bond Amount: $5,000
Bond Cost: $150
Bond Term: 1 year
NNA Surety Can Help You
The process of getting your California cannabis surety bond with NNA Surety is simple. Complete this form with your personal and business information, provide payment, and download your bond. A credit check is not required for this type of cannabis bond.
For more information, call us or send us an email.