Evidence of an active cannabis business surety bond is one of the requirements for licensing a marijuana operation in the City of Shasta Lake. The licensing and regulatory codes (Chapter 5.05) also impose a gross receipts tax on marijuana collectives/cooperatives operating within the City. The tax does not apply to marijuana activities outside of a collective/cooperative such as commercial cultivation and manufacturing but rather defaults to the state statutes for regulation of those activities. The City of Shasta Lake cannabis program offers the following licenses. Application packages are hyperlinked for your convenience.
In addition to compliance with the California cannabis bond statutes, an applicant must file the appropriate land use plans and approvals, utility load survey and tax forms.
California surety bond leader, SuretyOne.com is the premier underwriter of the surety bonds needed by recreational and medical cannabis operators. We firmly believe in supporting the availability of these products to patients that benefit from them and will provide bonding to ethical cultivators of cannabis products where permitted by law. We will consider applications for a Shasta Lake City commercial cannabis bond for start-up businesses and individuals regardless of credit or financial statement condition. For further information contact us at (800) 373-2804, email Underwriting@SuretyOne.com or click here for a live chat.
Surety bond application review and quoting are free of charge. There is no obligation to purchase.