Connecticut marijuana facility construction bonds.
$60,000.
Connecticut’s Department of Consumer Protection requires a licensed medical marijuana producer to post $2,000,000 in financial security, such as this bond, payable to the State if it fails to timely complete construction of its facility (Regs. Conn. State Agencies § 21a-408-29). The premium is 3% of the bond amount, or $60,000.
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How much does a Connecticut marijuana facility construction bond cost?
$60,000 for the $2,000,000 bond: 3% of the bond amount.
Three steps. One sitting.
Even at a $2,000,000 penal sum, this bond is checkout-priced — no quote round-trip. Here is the entire process:
Apply online
Business details, an effective date, and a term. That is the application — any credit screen is a soft pull that never shows as a hard inquiry.
Pay & e-sign
The premium is 3% of the bond amount — $60,000 on the $2,000,000 penal sum — and the bond issues the moment you pay. Your executed bond and power of attorney generate on the spot.
File with the Department of Consumer Protection
Your executed bond arrives by email, ready to file with the DCP as the financial-capability security your producer license requires. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
Connecticut licenses medical marijuana producers through the Department of Consumer Protection under the Palliative Use of Marijuana Act (Conn. Gen. Stat. Chapter 420f). The producer regulations require each licensee to maintain $2,000,000 in financial security — an escrow account, a letter of credit, or a surety bond — and this bond is the surety route.
It's a three-party arrangement: you (the principal), the surety carrier, and the State of Connecticut (the obligee). The security is payable to the State if the commissioner determines, after a hearing, that the producer failed to timely and successfully complete construction of its production facility. Once the facility is fully constructed and capable of operating per your approved application, the regulations step the required security down — $500,000 per milestone met.
It is not insurance for you — if the surety pays a claim, you repay the surety. The bond has to stay continuously on file while the obligation runs; we track the term and send renewal notices 60 and 30 days out.
You need this bond if you're
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 $2,000,000 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 Department of Consumer Protection. Your executed bond arrives by email, ready to file with the DCP as the financial-capability security your producer license requires. Wet-ink original mailed on request.
What sets the price
The premium is 3% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not 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 details, an effective date, and a term. That is the application.
Start the application →Common questions.
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Get your production facility bonded today.
3% of the bond amount — $60,000 on the $2,000,000 penal sum — issued the moment you pay, soft pull only. Free until issued.