In 1996, California became the first state to legalize the production and sale of marijuana and cannabinoid products for medical purposes. Regardless of strong personal feelings for and against the legitimization of marijunana and its derivatives, it is current professional medical opinion that these substances can enhance the quality of life and ease the suffering of patients that suffer from a variety of debilitating, chronic illnesses. The exit of Lloyd's of London from the marijuana sector insuranceplace because of the conflict between federal and state laws has severely limited a grower's or dispensaries options for bonding and insurance coverage.
SuretyOne.com remains an underwriter of the surety bonds needed by the industry. We firmly believe in supporting the availability of cannabis products to patients that benefit from them. We will consider applications for dispensaries and grow operations in all states where current legislation favors legal marijuana businesses.
For further information contact us at (800) 373-2804 or email Underwriting@SuretyOne.com
Surety bond application review and quoting are free of charge. There is no obligation to purchase.