All licensed cannabis dispensaries (medical and adult-use) in Ohio. Required when: Required prior to the issuance or renewal of a Certificate of Operation. Exemptions: Licensees may establish and maintain an escrow account in an Ohio financial institution in the amount of $50,000 instead of a surety bond.
Overview
What it is.
All licensed cannabis dispensaries (medical and adult-use) in Ohio. Required when: Required prior to the issuance or renewal of a Certificate of Operation. Exemptions: Licensees may establish and maintain an escrow account in an Ohio financial institution in the amount of $50,000 instead of a surety bond.
Who usually needs it
All licensed cannabis dispensaries (medical and adult-use) in Ohio.
Pricing & timing
What to expect.
Generic pricing
License bonds are required by state and local governments to ensure compliance with industry regulations. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger license bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Same-day approval is typical for many common license bonds. Some license bonds may price higher de…
Typical timeframe
Issuance timeframe varies by bond type and underwriting
Application
What to do next.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
Keep your effective date and renewal date on file with us.
Start the application.
You are on the exact bond page. The next step is to start the quick application.
StateOHBond amount$50,000Term lengthContinuousObligeeOhio Department of Commerce, Division of Cannabis ControlRenewalThe bond remains in effect until cancelled. Evidence of financial responsibility must be provided with the facility renewal application at least 30 days prior to the Certificate of Operation expiration.Bond classLicense BondCategoryFinancial ServicesBondMedical marijuana dispensary - license bondStatutory referenceOhio Administrative Code 1301:18-3-08JurisdictionState
