The insurance needs of the cannabis industry are unique. Our policies offer broad coverage at a price you can afford.
Our agents understand the industry and will carefully craft a policy to meet the needs of your business.
The State of California issues 6 types of cannabis licenses, each of which requires a separate $5,000 surety bond:
CA Cannabis Retailer License
CA Cannabis Testing Lab License
CA Cannabis Distributor License
CA Cannabis Microbusiness License
CA Cannabis Cultivator License
CA Cannabis Manufacturer License
How Much Does a CA Cannabis License Bond Cost?
Each $5,000 CA cannabis license bond costs $100. Some municipal licenses may cost more, depending on the bond amount and specific requirements of the City or County. Please call us at 925.693.9912 if you have questions about a specific bond form.
How often does the bond renew?
It renews annually. Each license bond is in-force indefinitely unless canceled for non-payment of premium or at your request. You will be billed for an annual premium of $100 each year. You can request the bond be canceled but we are required to provide a 30-day notice to the Obligee (i.e. State of CA or a city/county).
Can the bond form be e-mailed to me?
Unfortunately, the bond cannot be emailed to you. CA requires the bond to be signed by a licensed surety agent and include an original embossed or stamped surety seal. Once you apply for the bond, we will mail the original to you at the address you designate. Overnight delivery is available for an additional fee.