Florida medical marijuana treatment center bonds.
$400,025 flat.

Florida requires an approved medical marijuana treatment center to post a $5,000,000 performance bond payable to the Department of Health under §381.986(8)(b)7, Florida Statutes, issued by a surety rated in one of the three highest categories by a nationally recognized rating service. Ours is $400,025 flat.

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Required for MMTC licensure under §381.986(8)(b)7, F.S. — posted upon approval of your application

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Fixed price, fixed amount — $5,000,000 bond, $400,025 flat, no quote process

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Rating-compliant carriers — A-rated A.M. Best sureties that satisfy the statute’s top-three-category rule

A-ratedA.M. Best carriersInstantissuance at checkout$400,025 flatsame price at checkout

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How it works

Three steps. One sitting.

The bond is one of the last steps of MMTC licensure — it's posted after the department approves your application. Here's the entire process:

NOW · ONLINE

Apply online

Business details, owner information, an effective date — that is the entire application. No financial statements, and any credit screen is a soft pull that never shows as a hard inquiry.

INSTANTLY

Pay & e-sign

This bond is checkout-priced at $400,025 flat, so it issues the moment you pay — your executed bond and power of attorney generate on the spot.

SAME DAY

File with the Department of Health

Your executed bond arrives by email, ready to file with the department's Office of Medical Marijuana Use as a condition of your MMTC license. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the bond actually guarantees

Florida licenses medical marijuana treatment centers through the Department of Health under §381.986, Florida Statutes — the vertically integrated license that covers cultivating, processing, and dispensing marijuana to qualified patients. Upon approval, the applicant must post a $5 million performance bond issued by an authorized surety rated in one of the three highest categories by a nationally recognized rating service.

It's a three-party arrangement: you (the principal), the surety carrier, and the Department of Health (the obligee). The bond stands behind your performance as a licensee — compliance with §381.986 and the department's rules, including payment of any fines the department imposes. The statute also lets an applicant post an irrevocable letter of credit or cash instead, but a surety bond keeps that capital free.

It is not insurance for you — if the surety pays a claim, you repay the surety. The statute does ease the burden as you grow: a treatment center serving at least 1,000 qualified patients may maintain a $2 million bond instead. The bond has to stay continuously on file with the department; we track the term and send renewal notices 60 and 30 days out.

Fla. Stat. § 381.986(8)(b)7Section 381.986(8)(b)7, Florida Statutes, requires an approved medical marijuana treatment center applicant to post a $5 million performance bond issued by an authorized surety insurance company rated in one of the three highest rating categories by a nationally recognized rating service. A treatment center serving at least 1,000 qualified patients is only required to maintain a $2 million performance bond, and the statute permits an irrevocable letter of credit or cash payable to the department in lieu of the bond.

You need this bond if you're

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Winning an MMTC license — the performance bond is posted upon approval of your application

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Operating a licensed treatment center — the bond must stay continuously on file with the Department of Health

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Replacing a letter of credit or cash deposit — the statute allows a surety bond in their place, keeping your capital free

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Renewing your license — the department requires the bond to remain in force through each renewal cycle

One application, issued instantly.

These are the actual issuing fields — business details, owner information, and an effective date. That is the entire application.

Start the application →

FAQ

Common questions.

How much is the Florida medical marijuana treatment center bond?The premium is $400,025 flat — set by our carrier's rate book for this bond, the same for every treatment center. The $5,000,000 bond amount is set by §381.986(8)(b)7, F.S., so there is no quote process, and the price you see is the checkout price.

Do I pay the $5,000,000?No. You pay $400,025. The $5,000,000 is the surety's maximum liability if a valid claim is made against the bond — not a deposit, and nobody holds your money.

How fast will I have the bond?This bond is checkout-priced, so it issues the moment you pay — your e-signed bond and power of attorney arrive by email, ready to file with the Office of Medical Marijuana Use.

Can the bond amount drop to $2 million?Yes. Under §381.986(8)(b)7.b, a treatment center serving at least 1,000 qualified patients is only required to maintain a $2 million performance bond. This page issues the full $5 million bond required upon license approval — contact us when you cross the patient threshold and we'll rewrite it at the lower amount.

Is there a credit check?If a credit screen runs on this bond, it is a soft pull only — never a hard inquiry, and it never affects your score. The price stays $400,025 flat either way.

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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Finish your MMTC licensure today.

$400,025 flat, issued the moment you pay, soft pull only. Free until issued.

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