Pursuant to Act 261 and Act 96, Louisiana has implemented rules and regulations for operating medical marijuana pharmacies. This includes a surety bond requirement of $100,000 that is submitted to the Louisiana Board of Pharmacy. This penal sum can be reduced by $25,000 if certain milestones are achieved. These include providing uninterrupted services without violation for a period of time as outlined by Chapter 24 – Limited Service Providers, Subchapter E. Marijuana Pharmacy.
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
Medical Marijuana Surety Bonds – Louisiana
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