Section 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.

What the bond actually guarantees

You need this bond if you're

Checkout-priced bonds like this issue the moment you pay. Your e-signed bond will arrive by email, ready to file with the Department of Health.

Florida MMTC bond: $400,025 flat for the $5 million performance bond under §381.986(8)(b)7, F.S., filed with the FL Department of Health. Issued instantly.

Medical Marijuana Treatment Center Bond ($5,000,000)

Florida - Medical Marijuana Treatment Center

Final premium can vary based on underwriting factors

How this works?

If you are a non profit select Corporation

All future bond correspondence and renewals will be sent to this address

Clear pricing.Instant issuance.