Connecticut Medical Marijuana Surety Bonds

The Department of Consumer Protection (DCP) licenses and regulates Medical Marijuana producers in the state of Connecticut. Pursuant to Chapter 420f – Section 21a-408 of the Connecticut General Statutes, there are two surety bond requirements covering the construction and operation of a marijuana production facility.

  • Medical Marijuana Producer Performance Bond – Construction of a Production Facility
    • $2,000,000 Surety Bond
      • This bond guarantees that the principal will construct a production facility that is fully operational and able to commence production of marijuana as provided for in the license application.
    • If the Commissioner of the DCP determines that the principal has timely and successfully met its obligation to construct a production facility, the bond obligation is null and void.
  • Medical Marijuana Producer Performance Bond – Operation of a Production Facility
  • This bond guarantees that the principal provides a substantially uninterrupted supply of marijuana to its usual dispensary facility customers during the term of the license.
  • Can be reduced by $500,000 if certain milestones are achieved. These include providing uninterrupted services without violation for a period of time as outlined by Sections 21a-408-1 to 21a-408-70

Please go to the DCP website for additional information, applications and to verify that applications are being accepted.

Pacific Surety offers industry low rates and can obtain approvals for almost all credit situations. Once our simple application has been completed, we can have pricing to you within hours. If you have any specific questions, please contact our knowledgeable underwriting staff.

Surety Bond Name

Bond Limit

Medical Marijuana Surety Bonds – Connecticut