Applicants for registration as a Registered Organization (medical cannabis entities) who do not possess or have the right to use sufficient land, buildings, and other premises at the time of application. Required when: Required as an alternative to demonstrating possession of the premises (deeds, leases, or rental agr…
Overview
What it is.
Applicants for registration as a Registered Organization (medical cannabis entities) who do not possess or have the right to use sufficient land, buildings, and other premises at the time of application. Required when: Required as an alternative to demonstrating possession of the premises (deeds, leases, or rental agr…
Who usually needs it
Applicants for registration as a Registered Organization (medical cannabis entities) who do not possess or have the right to use sufficient land, buildings, and other premises at the time of application.
Pricing & timing
What to expect.
Generic pricing
Miscellaneous commercial bonds cover a wide range of business obligations not fitting other categories. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger 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. Pricing varies by specific bond type and requirements. Some miscellaneous bonds may price higher depending o…
Typical timeframe
Credit-based approval — varies by bond type
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.
StateNYBond amount$2,000,000Term lengthContinuousObligeeNew York State Office of Cannabis ManagementRenewalRegistrations are valid for two years; the bond must be maintained or renewed as part of the biennial registration renewal process if the licensee still relies on the bond in lieu of property possession documentation.Bond classMiscellaneous CommercialCategoryHealthcareBondRegistered Organization BondStatutory referenceN.Y. Cannabis Law § 35(1)(b)(ii)(B)JurisdictionState
