Anyone who wishes to operate a retail marijuana business (recreational use) in the town of Antonito must apply for a Retail Marijuana Business License from the city. As part of their licensing requirements, applicants must submit and maintain a $25,000 surety bond to the city. The purpose of this bond is to guarantee the principal reports and pays all sales and use taxes due to the town. The bond has a 1 year term and must be renewed annually.
Pacific Surety makes the bonding process very simple, offering 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. We have all required forms available so your bond is issued and delivered correctly the first time! If you have any questions about the process, do not hesitate to contact one of our knowledgeable staff members.