Per Section 15002 of the regulations, an application for an annual cannabis license must include proof of a surety bond of at least $5,000 payable to the State of California for each licensed premises. All bonds required under this section shall be issued by a corporate surety licensed to transact surety business in the State of California. An aggregated bond may be used when multiple licenses are held by the same commercial cannabis business.
Download the form
Updates to the surety bond
If there are changes to the surety bond, licensees will need to also submit the following items:
- Form 27: Notifications and Requests to Modify a License
- A copy of the new or changed bond
- Form 8113