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Arkansas medical marijuana dispensary bonds.
$3,025 flat.

Arkansas conditions a dispensary license on a $100,000 performance bond posted to the Medical Marijuana Commission — required under MMC Rules Section V.10.c upon approval as a dispensary under Amendment 98. Ours is $3,025 flat, and the price you see is the checkout price. The application includes a soft credit pull only — it never affects your score.

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Required upon approval as an Arkansas dispensary under MMC Rules Section V.10.c and Amendment 98, § 8
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Fixed price, fixed amount — $100,000 bond, $3,025, no quote process
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Compliance-critical filing — the license does not stand without the bond on file with the MMC
A-ratedA.M. Best carriersInstantissuance at checkoutSoft pull onlynever a hard inquiry
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
Price

How much does an Arkansas medical marijuana dispensary bond cost?

$3,025 at the $100,000 amount, the same for every applicant.

How it works

Three steps. One sitting.

Cannabis licensing is heavily regulated; the bond filing shouldn't be the hard part. Here's the entire process:

NOW · ONLINE

Apply online

Business details, ownership information, and an effective date, plus consent to a soft credit pull — a soft inquiry only, never a hard one, and it never affects your score. That is the application.

INSTANTLY

Pay & e-sign

This bond is checkout-priced at $3,025 flat, so it issues the moment you pay — no quote round-trip, no waiting on a review queue.

SAME DAY

File with the Commission

Your executed bond and power of attorney arrive by email on the MMC performance-bond form, ready to file. Remember the original must be signed by the principal before filing; a wet-ink original is mailed on request.

About this bond

What it is and who needs it.

What the dispensary bond actually guarantees

Arkansas licenses dispensaries under Amendment 98 to the state constitution (the Arkansas Medical Marijuana Amendment of 2016), and the Medical Marijuana Commission's rules require each approved dispensary to post a $100,000 performance bond with the Commission as obligee. The bond stands behind your continued compliance with Amendment 98, MMC Rules, and Alcoholic Beverage Control Division (ABC) Rules for the license period.

If a dispensary's license is revoked, the bond covers the state's resulting costs on the official form: expenses of retaining a replacement dispensary, the cost of closing and decommissioning the site (including removal and destruction of remaining product), unpaid ABC penalties, and outstanding taxes, penalties, and interest on any Department of Finance and Administration tax account the dispensary holds.

It is not insurance for you — the Commission is the only claimant with standing under the bond, and if the surety pays, you repay the surety. The license runs in one-year effective periods, and the bond continues alongside it through continuation certificates — we track the term and send renewal notices so your filing never lapses against your license.

Ark. Const. Amend. 98, § 8 + MMC Rules § V.10.cDispensaries are licensed under Section 8 of Amendment 98 to the Arkansas Constitution of 1874 (the Arkansas Medical Marijuana Amendment). Medical Marijuana Commission Rules Section V.10.c requires a licensee to post a $100,000 performance bond upon approval as a dispensary, naming the Commission as obligee on the state's form; cultivation facilities post a separate $500,000 bond under Section IV.10.c. Confirm current filing instructions with the MMC before submitting.

You need this bond if you're

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Approved for an Arkansas dispensary license — the bond is posted upon approval, before you operate
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An operating dispensary keeping the bond continuous through each one-year license period
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Replacing a cancelled or non-renewing bond so the filing with the Commission never lapses
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Taking over a licensed dispensary and posting the bond under the new ownership
After you buy

Claims, renewal, filing, and what sets the price.

If a claim is made

A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.

The surety investigates and pays a valid claim, up to the $100,000 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.

Renewal and term

The premium covers a one-year term from the effective date you choose; a longer term is the same price per year, chosen at checkout.

Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.

How to file it

File with the Commission. Your executed bond and power of attorney arrive by email on the MMC performance-bond form, ready to file. Remember the original must be signed by the principal before filing; a wet-ink original is mailed on request.

What sets the price

The premium is fixed at $3,025 at the $100,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.

One soft credit pull, never a hard inquiry, and it never affects your score.

Where a check runs, it decides approval; the rate is the same for everyone approved.

One application, issued instantly.

These are the actual issuing fields — business, ownership, and a soft-pull credit consent. The soft inquiry never affects your score, and the bond issues the moment you pay.

Start the application →
FAQ

Common questions.

How much is the Arkansas medical marijuana dispensary bond?The premium is $3,025 flat — set by our carrier's rate book for this bond, and the price you see is the checkout price. The $100,000 bond amount is fixed by MMC Rules Section V.10.c, so there is no quote process.
Do I pay the $100,000?No. You pay $3,025. The $100,000 is the bond's maximum penal sum — the surety's ceiling of liability to the Medical Marijuana Commission if a valid claim is made — not a deposit, and nobody holds your money.
Is there a credit check?Yes: one soft credit pull, never a hard inquiry, and it never affects your score. There is no hard inquiry, and the bond still issues the moment you pay.
Who can make a claim on the bond?Only the Medical Marijuana Commission — the official bond form names the MMC as the sole claimant with legal standing. Covered damages include replacement-dispensary costs after a revocation, site closure and decommissioning costs, unpaid ABC penalties, and outstanding DFA tax balances.
How long does the bond run?A dispensary license runs in one-year effective periods, and the bond runs alongside it — extended for additional one-year terms by continuation certificates filed with the Commission. We track the term and send renewal notices 60 and 30 days out so the bond never lapses against your license.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
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Post your dispensary bond today.

$3,025 flat, issued the moment you pay, soft pull only. Free until issued.

Your price$3,025
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