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Colorado City and County of Denver Medical Marijuana License Bond
**As of October 2015, this bond is no longer required**
The City and County of Denver, CO, requires all Medical Marijuana Business Licensees to post and maintain a $5,000.00 surety bond as part of the licensing requirements. This bond has a term of 1 year and expires on the last day of the month the license was issued in with the option to renew in 1 year terms at each anniversary date. The surety bond obligation is that the principal is applying for the issuance or renewal of a license to operate a medical marijuana dispensary in the City and County of Denver, CO in accordance with Denver Medical Marijuana Code 25-501 of the Denver Revised Municipal Code.
What is a Denver Medical Marijuana License bond?
A type of Commercial Surety Bond that guarantees the Principal will report and pay all sales and use taxes due the City and County of Denver, in a timely manner as provided by law. As with any other form of Tax Bond, this is a financial guarantee that the business owner will comply with the requirements and pay the amounts due as required by law.
Licensing information can be found by visiting the Medical Marijuana Licensing Information page provided by the Denver Business Licensing Center.
Can I get a Denver Medical Marijuana License Bond with bad Credit?
Applicants with credit issues can still be bonded! We have partnered with numerous surety companies to provide a bad credit surety bond program for those who cannot qualify through the standard underwriting process. 99% of the time, we can get the bond you need, regardless of your credit!
Marijuana surety bond requirements in the state of CO:
Colorado Medical Marijuana Dispensary License Surety Bond
Colorado Retail Marijuana Excise Tax Surety Bond
Colorado Retail Marijuana Business License Bond
City of Aurora Retail Marijuana Establishment License Bond
Town of Antonito Retail Marijuana License Bond
City and County of Denver Retail Marijuana License Bond
Get a City and County of Denver CO Medical Marijuana License bond today!
In most cases A1SuretyBonds is able to provide you with a quote for your bond on the same day an application is received. Once a quote is provided, you simply pay for your bond and it will be issued and sent out that same day! We also offer FedEx as a service for an additional fee, where you can have your bond in hand the very next day.
Dont hesitate, apply today, get approved today!