Cannabis Surety Bond

A Cannabis Surety Bond is a license and permit bond required by certain government jurisdictions. Cannabis Surety Bonds are becoming more of an industry standard and a state requirement.  At Alpha Surety we are able to service and quote your cannabis surety bond requests. Cannabis Surety Bonds may also be referred to by many other names, including: 
  • Medical Marijuana Surety Bond
  • Marijuana Distributor Surety Bond
  • Commercial Marijuana Operations Surety Bond
  • Commercial Cannabis Business Surety Bond
  • Retail Marijuana Surety Bond
  • Marijuana Dispensary Surety Bond
  • Marijuana Social Club Surety Bond
  • Marijuana Cultivation Facility Surety Bond
  • Marijuana Product Manufacturing Surety Bond
  • Cannabis Testing Facility Surety Bond
  • Marihuana* Grower Surety Bond
  • Marijuana Processor Surety Bond
*Some obligees, like the State of Michigan, use this older spelling of marijuana. Typically speaking, we will need the following for each request:
  • Bond Amounts $5,000 to $10,000
    • Application
    • Credit Check
    • Personal Financial Statement Preferred
  • Bond Amounts $50,000 to $100,000
    • Application
    • Credit check
    • Cash Verification – In the form of bank statements and non-retirement accounts are acceptable
    • Resume of individual(s) involved that have cannabis experience
    • Business plan (if new venture) or business financials (profit and loss as well as a balance sheet)
    • Personal Financial Statement