Surety bond, certificate of insurance, qualifications as a self-insurer, or other securities or agreements
Cannabis transporters, cannabis delivery services, and any cannabis business (including retailers/dispensaries, microbusinesses, and mezzobusinesses) that engages in the transportation or delivery of cannabis products. Required when: Applying for a cannabis business license or endorsement that includes transportation …
Overview
What it is.
Cannabis transporters, cannabis delivery services, and any cannabis business (including retailers/dispensaries, microbusinesses, and mezzobusinesses) that engages in the transportation or delivery of cannabis products. Required when: Applying for a cannabis business license or endorsement that includes transportation …
Who usually needs it
Cannabis transporters, cannabis delivery services, and any cannabis business (including retailers/dispensaries, microbusinesses, and mezzobusinesses) that engages in the transportation or delivery of cannabis products.
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.
StateMNBond amount$300,000Term lengthContinuousObligeeMinnesota Office of Cannabis ManagementRenewalThe bond must be maintained as a condition of the license and proof of coverage must be provided during the annual license renewal process.Bond classMiscellaneous CommercialCategoryTransportationBondSurety bond, certificate of insurance, qualifications as a self-insurer, or other securities or agreementsStatutory referenceMinn. Stat. § 342.35, Subd. 2JurisdictionState
