California cannabis surety bonds

California cannabis surety bonds

What you need to know – California cannabis surety bonds History: In February of 2018, the state of California created its own surety bonding program for the cannabis industry. Businesses within the industry are required to obtain a cannabis surety bond, also commonly...
What is a surety bond?

What is a surety bond?

A surety bond is a three-party agreement between the principal, the surety, and the obligee. Surety bonds can be required for various reasons such as to start a business, obtain a license, take on construction projects or to fulfill a court order. States and...