Part of the application process in the City of Lake Elsinore for cannabis permitting includes submitting a completed application and surety bond. This is required for the cultivation, manufacturing and testing of cannabis. Dispensaries and distribution facilities need to apply for this permit as well. The surety bond needs to be maintained throughout the duration of the cannabis business permit and guarantees all closure and post-closure care requirements will be fulfilled. Closure costs include the expenses for safely closing the unit and cleanup of any contaminates. Post-closure costs include long-term maintenance of the facility, monitoring and record keeping during this period. If the owner/operator fails to meet the requirements outlined in the bond, the surety company will be liable for the costs.
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.