Nevada , City of Las Vegas Medical Marijuana Surety Bonds

While the State of Nevada does not currently have any licensing requirements for Medical Marijuana Establishments, the same is not true for the cities of Las Vegas and North Las Vegas. Dispensaries, Cultivation Facilities, Independent Testing Laboratories and Production Facilities fall under these requirements. Below is a description for each license type:

  • Medical Marijuana Dispensary – A medical marijuana dispensary license allows the licensee to acquire, possess, supply, sell or dispense usable marijuana, edible marijuana products, marijuana infused products and marijuana paraphernalia exclusively to State regulating authority-designated medical marijuana registry card holders.
  • Cultivation Facility – A cultivation facility license allows the licensee to acquire, possess, cultivate, package, label, deliver, transfer, transport, supply and sell wholesale marijuana and related supplies to a medical marijuana dispensary, medical marijuana production facility or to other cultivation facilities.
  • Independent Testing Laboratory – An independent testing laboratory license allows the licensee to independently test marijuana, edible marijuana products and marijuana-infused products that are to be sold at medical marijuana establishments operating in accordance with the requirements of NRS 453A.
  • Medical Marijuana Production Facility – A medical marijuana production facility license allows the licensee to acquire, process, manufacture, deliver, transfer, transport, package and label usable marijuana and marijuana-infused products for sale at wholesale to marijuana dispensaries.

A surety bond is required as part of the licensing process. Both the City of Las Vegas and the City of North Las Vegas have bond requirements in the amounts of $250,000 and $50,000. Please contact your specific city to confirm what is needed for the application you are submitting. Additional information can be found here.

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.

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Medical Marijuana Surety Bonds – Nevada , City of Las Vegas