The Manufactured Cannabis Safety Branch(MCSB) of the California Department of Public Health is charged with licensing and regulating all commercial cannabis manufacturing in California. An important step in the licensing process is the submitting and maintaining of a $5,000 surety bond with the MCSB. Per the California Business and Professions Code sections 26051.5 and California Code of Regulations, Title 17 – Section 40129, this bond covers the costs of destruction of cannabis or cannabis products if necessitated by a violation of the requirements in the Medicinal and Recreational Cannabis Regulation and Safety Act (MAUCRSA). The term for this type of bond is continuous and shall remain in full force and effect until canceled by the surety company. The surety can cancel the bond at any time by delivering thirty (30) day written notice to the California Department of Public Health and the principal.
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.