California Cannabis Manufacturing License Bond
Bond Requirements & Set Rates
| Bond Amount Required | Annual Premium |
| $5,000 | $150 |
Professionals responsible for processing and manufacturing cannabis products, complying with product safety, labeling, and testing standards, and maintaining accurate records and track-and-trace reporting must secure a surety bond.
Required by the California Department of Cannabis Control (DCC), the California cannabis manufacturing license bond ensures compliance with state cannabis regulations and protects the public and the state from financial harm.
Cost of a California Cannabis Manufacturing License Bond
NNA Surety offers the $5,000 California cannabis manufacturing license bond for $150 per bond term. Secure this competitive rate by submitting this form.
How the Cannabis Manufacturing License Bond Works
The California marijuana license bond is a three-party agreement among the principal (licensed cannabis manufacturer), obligee (California Department of Cannabis Control), and surety (company that issues the bond).
The California surety bond does not function as insurance for the manufacturer. Instead, it holds licensees financially accountable for compliance with state cannabis laws.
If a manufacturer violates licensing requirements or causes financial damage, the state or another injured party may file a claim against the bond. The surety will investigate the claim and, if valid, compensate the claimant. The manufacturer is then legally obligated to reimburse the surety for any paid claims.
How to Get a California Cannabis Manufacturing License Bond
Securing your bond is quick and easy:
- Complete this bond application form.
- Pay the $150 premium.
- Receive your surety bond.
- File the bond with the Department of Cannabis Control to finalize your licensing requirements.
Get Your California Cannabis Manufacturing License Bond Today
Keep your California marijuana license bond active with the California cannabis manufacturing license bond. Our fast and affordable bonding process helps you meet state requirements with ease. For more information, call our experts at 855-563-1401.