Registered cannabis establishments, including cultivators, product manufacturers, dispensaries, and transporters. Required when: Required no later than thirty (30) calendar days after being issued a license.
Overview
What it is.
Registered cannabis establishments, including cultivators, product manufacturers, dispensaries, and transporters. Required when: Required no later than thirty (30) calendar days after being issued a license.
Who usually needs it
Registered cannabis establishments, including cultivators, product manufacturers, dispensaries, and transporters.
Pricing & timing
What to expect.
Generic pricing
Performance bonds guarantee that a contractor will complete a project according to the contract terms. Typical Pricing:. • Small contracts: Commonly around 1–5% of the contract value (one-time upfront premium). • Larger contracts: Rates generally scale lower as contract size increases. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. • Full underwriting required: Credit, financials, experience, and bon…
Typical timeframe
Full underwriting required — typically 3–5 business days
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.
StateNEBond amount$100,000Term lengthContinuousObligeeNebraska Medical Cannabis CommissionRenewalLicensees must provide proof to the Commission that the bond has been renewed, or a new bond issued, no later than thirty (30) calendar days prior to the expiration date of the required bond.Bond classPerformance BondCategoryHealthcareBondPerformance BondStatutory referenceTitle 238 NAC 1, Section 012.10JurisdictionState
