License And Permit Bond

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California Cannabis Permit Bond Specialists

California license and permit bond is a type of commercial surety bonds required of many business industries. Federal, state and local government agencies require business owners in their respective industries to purchase license and permit bonds before they can be issued a license or a permit for certain types of work. The terms “license bonds” and “permit bonds” are often used interchangeably to refer to this broad type of surety bond.

Types of California License and Permit Bonds

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License bonds are based on the industry for which they are being required.  These may include …

  • Auto Dealer bonds are required in most states for persons selling vehicles to the public. While the statutes vary some from state to state, a common guarantee ensures that the purchaser will be able to obtain a clear title to the vehicle.
  • Contractor license bonds are required by most states and guarantee the contractor will comply with all laws and codes.
  • Hunting and fishing license bonds are required in some states for retail sellers of these licenses. The bond guarantees that the licenses will be issued according to the laws governing them and that the retailer will remit the money to the state.
  • Mortgage broker bonds are required by most states for entities lending money for mortgages. The bond guarantees compliance with state laws governing mortgage lending.
  •  CALIFORNIA CANNABIS Permit BOND – Cannabis and various other licensed marijuana related businesses operating in California are subject to surety bondSpecializing in California Cannabis Permit Bond requirements. Surety bonds are part of the initial licensing process for cultivators, retailers, distributors, testing laboratories, microbusinesses, event organizers, and manufacturers. Cannabis license surety bonds are also required for both medical and adult use/ recreational businesses. The bond is typically in a coverage amount of $5,000 and must be furnished by licensees prior to being issued a license to conduct business in the state. However, before a business owner can obtain a cannabis bond, they must undergo a credit check. This process involves a one-page application that can be submitted online. If the business owner’s credit is acceptable, they can buy the bond instantly. However, if their score isn’t high enough the application will be submitted for underwriting approval where the business owner will either be charged a higher premium or ask for a cosigner.

    California Cannabis Permit Bond is …

    a $5,000 surety bond that is required to be posted by cannabis business licensees before they are issued a license to conduct business in the State of California. There are six (6) different cannabis licenses issued by the State of California, each of which requires a $5,000 surety bond.

    Three California state government agencies are tasked with regulating marijuana businesses in the state. The California Bureau of Cannabis Control is responsible for licensing retailers, distributors, testing laboratories, micro-businesses, and temporary cannabis events. The California Department of Food and Agriculture regulates cannabis cultivators through the CalCannabis Cultivation Licensing Program. Finally, the California Department of Public Health regulates licensed state manufacturers.

    In addition to the state surety bond requirements outlined above, certain cities and counties including the cities of Los Angeles, Coalinga, Palm Springs, Lake Elsinore and Shasta Lake, and the counties of Yolo, San Bernardino, Trinity, and Mendocino have passed legislation establishing local marijuana bond requirements. For more information about obtaining a California Cannabis Permit Bond Contact Us.

    Need A California Cannabis Permit Bond Quickly? …  Contact Us Now at (888) 778-7389

Permit bonds may include …
  • Right of Way bonds are required usually by cities or counties. They tend to guarantee that any damage to roads/sidewalks will be repaired and all laws will be complied with.
  • Encroachment permit bonds are required for work within the state right of way such as highways, driveways, grading, etc.
  • Special Event Permit bonds might be required by state, county or city authorities for parades and processions, races and tours, and placement of banners and decorations.A California Cannabis Bond is a $5,000 surety bond that is required to be posted by cannabis business licensees before they are issued a license to conduct business in the State of California. There are six (6) different cannabis licenses issued by the State of California, each of which requires a $5,000 surety bond.

How to Get a California License and Permit Bond FAST!

Applying for a License and Permit bond is rather simple. Just apply through our easy online form and submit your bond application. We will contact you soon after with a quote on your bond. For bonds with higher amounts, you may be asked to submit additional documentation which may take slightly longer.

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