California Cannabis Bonds
California Cannabis Bond – $5,000 California
CCI Surety handles $5,000 Cannabis Bonds in California. We need the application and an explanation of what type of bond is required. California Cannabis Bonds can be required for cultivators, manufacturers or other. When submitting an application for the California Cannabis Bond, please indicate which of these is required. Every California Cannabis Bond that is not a cultivator or manufacturer is considered “other.”
California Cannabis Bonds – Adult or Medical
In some cases, two California Cannabis Bonds are required. The additional categories for the California Cannabis Bond are Adult or Medical. The principal may be required to provide both types of bond. We encourage agents to make sure their clients know if they need two California Cannabis Bonds.
Cannabis Bonds in Other States
CCI Surety also handles Cannabis Bonds in many other states. Other states will have different requirements and sizes than California Cannabis Bonds. If you have Cannabis Bonds in other states, please contact us directly for application materials.
Other Surety Bonds
Our Home Office handles California Cannabis Bonds and other surety bond situations in Maine, Vermont, New Hampshire, Massachusetts, Connecticut, New York, Pennsylvania, New Jersey, Rhode Island, Delaware, Maryland, Virginia, West Virginia, Ohio, Kentucky, Tennessee, Arkansas, Texas, Oklahoma, Kansas, Missouri, Illinois, Indiana, Michigan, Wisconsin, Minnesota, Iowa, Nebraska, South Dakota, North Dakota, Montana, Wyoming, Colorado, New Mexico, Arizona, Utah, Idaho, Nevada, Oregon, Washington, California, Hawaii, Alaska, and Washington D.C.
Our Southeast Office handles contract bonds in Alabama, Florida, Georgia, Louisiana, Mississippi, North Carolina, South Carolina, and North Carolina
Our Southwest Office handles contract bonds in Arizona, California, Nevada, New Mexico and Utah
Payment & Performance ★ Bid ★ ERISA ★ Motor Vehicle Dealer Bonds ★ BMC-84 ★ Wage & Welfare ★ License and Permit ★ Commercial ★ Contract ★ Miscellaneous
Please Note: We can always get started working on any bond declined for low credit score with any application that you have already prepared for other markets. CCI Surety, Inc. specializes in hard to place contract bonds that may have previously been declined by other sureties, including California Cannabis Bonds. We use different kinds of tools which allow us the freedom to think outside the box with our underwriting strategy. We are able to get comfortable with difficult situations using escrow / funds control, SBA Surety Bond Guarantee program and working capital deposits as different options to get the bond approved. Our Small Contractor Program team of underwriters focuses on projects under $400,000 using an application-only underwriting process. CCI Surety also has a very successful Easy Start Program for contracts between $400,000 and $3,000,000 that may be obtained with a two page application plus any financial documents that are available. On commercial bond business we handle both standard and non-standard business. Contract Bonds – Multiple Markets – Can Provide A+ rated bonds – $3M in-house authority, up to $15M from home office – Quick Turnaround – No Agency Requirements SBA Backed Bonds – 2012 National SBA Bond Producer of the Year – Potential to approve bonds even with negative working capital – SBA Bond Program now covers bonds up to $6.5M and in some cases $10M Commercial Bonds – Standard and Non-Standard Bonds – Experienced staff specialized in handling Commercial Bond needs – License and Permit, Fidelity, ERISA, Business Services and Court Bonds – Miscellaneous Bonds
– Jim Dillenburg [email protected] 866-317-3294