Nevada Marijuana Surety Bond
Nevada cannabis licensees may be required to post cannabis surety bonds at multiple levels: state-level bonds administered by the Nevada Cannabis Compliance Board (CCB), and local bonds imposed by individual cities and counties. State-level bond amounts typically range from $5,000 to $100,000 depending on license type. The City of Las Vegas, for example, requires a $250,000 bond for cultivation, production, or dispensing of cannabis within city limits, in addition to any state-level requirement.
We have been writing surety bonds since 1971. If you are facing this requirement, call us at 800-333-7800 or request a free quote online. Cannabis bond regulations are fairly new and constantly changing, so feel free to reach out to us regarding the latest underwriting and pricing policies that apply to your specific situation.
Nevada State Cannabis Bonds
The Nevada Cannabis Compliance Board administers Nevada’s cannabis program under NRS Chapter 678B (Licensing and Control of Cannabis) and NRS Chapter 678D (Adult Use of Cannabis). State-level cannabis surety bonds range from $5,000 to $100,000 depending on the license category. License categories include cannabis cultivation, production, distribution, retail (dispensing), testing laboratories, and consumption lounges.
Local Cannabis Bonds in Nevada
In addition to any state-level bond, many Nevada cities and counties impose their own cannabis bond requirements as a condition of local commercial cannabis permits. Notable examples:
- City of Las Vegas: $250,000 bond for cultivation, production, or dispensing of medical or adult-use cannabis.
- Other Nevada jurisdictions impose various local bond amounts depending on the local ordinance.
Call us at 800-333-7800 to confirm what bonds apply to your specific Nevada jurisdiction and license type.
Statute and Regulator
Nevada’s cannabis program operates under NRS Chapter 678A (general provisions), NRS Chapter 678B (licensing and control), NRS Chapter 678C (medical cannabis), and NRS Chapter 678D (adult use), with implementing regulations in NAC Chapter 678. The bonds are filed with the Nevada Cannabis Compliance Board (CCB), which handles licensing, compliance, enforcement, testing standards, and policy across the cannabis program.
What Underwriting Looks Like
For smaller state-level bonds in the $5,000 to $25,000 range, underwriting is generally straightforward for applicants with reasonable credit. For larger state and local bonds at $100,000 or $250,000, underwriting is more involved. As a general rule, bonds over $10,000 typically require a credit check on the company owners, and bonds at $100,000 or larger usually require company financials.
Cannabis bond underwriting standards are evolving, so reach out to us at 800-333-7800 for guidance specific to your situation.
Nevada Cannabis Bond FAQs
How much is the Nevada state cannabis bond?
State-level bonds range from $5,000 to $100,000 depending on license category. Call us to confirm what applies to your specific license type.
What about the Las Vegas cannabis bond?
The City of Las Vegas requires a $250,000 bond for cultivation, production, or dispensing of cannabis within city limits, in addition to any state requirement.
Who is the state obligee?
The Nevada Cannabis Compliance Board (CCB).
What statutes govern Nevada cannabis bonds?
NRS Chapters 678A, 678B, 678C, and 678D, with implementing regulations in NAC Chapter 678.
How long does it take to get bonded?
Timelines depend on the size of the bond and your credit. Call us at 800-333-7800 and we will tell you exactly where you stand.
Get Your Nevada Cannabis Bond Today
We have been writing surety bonds since 1971 and we work with the carriers that have appetite for Nevada cannabis bonds (state and local). Call 800-333-7800 or request a free quote online. See our national cannabis surety bond page for broader context.