The ProSure Group - Bonding. For A Better Tomorrow.
Click Here To Get Bonded
Contact Us
(800) 480-3883
M-F 8am-5pm EST
The ProSure Group

Massachusetts Marijuana Establishment Surety Bond

What is a Massachusetts Marijuana Bond?

  • A Massachusetts Marijuana Surety Bond is a surety bond that a Marijuana Establishment is required to post before it commences business operations.
  • An establishment surety bond can be written to well-qualified applicants for as low as 1% of the total bond amount with a minimum premium of $100. The cost of a Massachusetts Marijuana Establishment Surety Bond also varies because the bond amount must be equal to the amount of the annual license fee (see fee schedule below) the establishment pays to the Marijuana Regulation Fund. The surety bond is intended to cover for the costs incurred by the destruction of cannabis goods due to a violation of State law or the cessation of the Marijuana Establishment’s operations. The Cannabis Control Commission is the Obligee on the bond; the Commission enforces the laws concerning marijuana establishments and surety bonds.
  • There are at least eight (8) categories of Marijuana Establishments that are required to post surety bonds to qualify for marijuana licenses issued by the State of Massachusetts:
    • Marijuana establishment for retail;
    • Marijuana establishment for cultivation;
    • Marijuana establishment for product manufacturing;
    • Marijuana establishment for transportation;
    • Marijuana establishment as a Research Facility;
    • Marijuana establishment as an Independent Testing Laboratory;
    • Marijuana establishment as a Microbusiness; and
    • Marijuana establishment as a Craft Marijuana Cooperative.
  • Every Marijuana Surety Bond in Massachusetts, per the guidelines in 935 CMR 500.000: Adult use of marijuana, must be issued by a corporate surety that is licensed to transact business in the State, The ProSure Group writes bonds through several such sureties.
  • We also write:
  • If you are interested in obtaining a Massachusetts Cannabis Surety Bond, but the information you need is not found above, please call our toll-free number, 1-800-480-3883. Since legislation is always evolving, we may not have had a chance to update the information on the website yet. Most bonds are required by state laws, but bonds can also be required by county or city laws. Regardless of whether the bond is listed or not, we can write it for you!

 

Request A Free Quote

No Obligation & Secure

Fill Out The Form Below and
Receive your FREE Quote Today

Application and Annual License Fee Schedule


    • License Types


    • Indoor or Outdoor Cultivator

    • Tier 1: up to 5,000 square feet
    • Tier 2: 5,001 to 10,000 sq. ft.
    • Tier 3: 10,001 to 20,000 sq. ft.
    • Tier 4: 20,001 to 30,000 sq. ft.
    • Tier 5: 30,001 to 40,000 sq. ft.
    • Tier 6: 40,001 to 50,000 sq. ft.
    • Tier 7: 50,001 to 60,000 sq. ft.
    • Tier 8: 60,001 to 70,000 sq. ft.
    • Tier 9: 70,001 to 80,000 sq. ft.
    • Tier 10: 80,001 to 90,000 sq. ft.
    • Tier 11: 90,001 to 100,000 sq. ft.

    • Craft Marijuana Cooperative

    • Microbusiness

    • Manufacturing

    • Independent Testing Laboratory

    • Retail (brick and mortar)

    • Third-party Transporter

    • Existing License Transporter

    • Research Laboratory
    • Annual License Fee
      (Indoor/ Outdoor)
    • $1,250 (I)/$625 (O)
    • $2,500 (I)/$1,250 (O)
    • $5,000 (I)/$2,500 (O)
    • $7,500 (I)/$3,750 (O)
    • $10,000 (I)/$5,000 (O)
    • $12,500 (I)/$6,250 (O)
    • $15,000 (I)/$7,500 (O)
    • $17,500 (I)/$8,750 (O)
    • $20,000 (I)/$10,000 (O)
    • $22,500 (I)/$11,250 (O)
    • $25,000 (I)/$12,500 (O)

    • Total fees for its canopy.
    • If more than six locations, add $1,250(I)/$625(O) per additional location.


    • 50% of all applicable fees

    • $5,000

    • $5,000

    • $5,000

    • $5,000

    • $5,000

    • $1,000
Securely
Apply Online Pay Instantly
Online Print Your
Bond* Bad Credit
Program Available Premium Financing
Available*