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Georgia hemp processor bonds.
From $400.

Georgia conditions a hemp processor permit on a surety bond delivered to the Commissioner of Agriculture under O.C.G.A. § 2-23-6.1. It is sized at 2% of the hemp you purchased from licensed growers in the most recent calendar year, with a $20,000 minimum and $1,000,000 maximum. The premium is 2% of the bond amount.

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Required for a Georgia hemp processor permit under O.C.G.A. § 2-23-6.1 — delivered to the Commissioner with the application
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Amount sized to your prior-year hemp purchases — 2% of what you bought from licensed growers, $20,000 minimum, $1,000,000 maximum
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2% of the bond amount — checkout-priced, with your exact price at the application
2% rate$400 at the $20,000 minimumInstantissuance 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 a Georgia hemp processor bond cost?

2% of the bond amount, from $400 at the $20,000 minimum. Enter your amount in the calculator for the exact price.

How it works

Three steps. One sitting.

The bond is one line on your hemp processor permit checklist. Here's the entire process:

NOW · ONLINE

Apply online

Business details, the bond amount your permit requires, an effective date, and a soft-pull credit consent — a soft inquiry only, so it never affects your score. That is the application.

INSTANTLY

Pay & e-sign

This bond is checkout-priced at 2% of the bond amount, so it issues the moment you pay — no quote round-trip, no waiting on an underwriting queue.

SAME DAY

File with the Department of Agriculture

Your executed bond and power of attorney arrive by email, ready to submit to the Georgia Department of Agriculture's Hemp Program with your processor permit application or renewal. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the bond actually guarantees

Georgia permits hemp processors through the Department of Agriculture under the Georgia Hemp Farming Act. Since the 2024 amendments (SB 494), every applicant for a processor permit must make and deliver to the Commissioner of Agriculture a surety bond under O.C.G.A. § 2-23-6.1 — executed by a surety authorized to transact business in Georgia and approved by the Commissioner, with a certificate of good standing from the Commissioner of Insurance accompanying the bond application.

It's a three-party arrangement: you (the principal), the surety carrier, and the state (the obligee). The bond is sized to your operation — 2% of the hemp you purchased from licensed Georgia hemp growers in the most recent calendar year, within the Commissioner-set floor and ceiling: $20,000 minimum and $1,000,000 maximum, effective October 1, 2024. It stands behind your obligations under the Act, including payment to the growers who supply you.

It is not insurance for you — if the surety pays a claim, you repay the surety. Processor permits renew annually, so the bond has to stay continuously on file with the Hemp Program; we track the term and send renewal notices 60 and 30 days out. As your purchase volume grows, we re-issue at the higher amount your renewal requires.

O.C.G.A. § 2-23-6.1Code Section 2-23-6.1 of the Georgia Hemp Farming Act, added by SB 494 (2024), requires each applicant for a hemp processor permit to make and deliver to the Commissioner of Agriculture a surety bond executed by a surety corporation authorized to transact business in this state and approved by the Commissioner, accompanied by a certificate of good standing from the Commissioner of Insurance. The bond is set at 2% of the hemp purchased from licensed hemp growers in the most recent calendar year; the Department of Agriculture has established a $20,000 minimum and $1,000,000 maximum effective October 1, 2024. Confirm your required amount with the GDA Hemp Program before filing.

You need this bond if you're

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Applying for a Georgia hemp processor permit — the bond is delivered to the Commissioner with the application itself
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Renewing your processor permit — the bond re-sizes each year to 2% of your prior-year hemp purchases
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A new processor with no purchase history — posting the $20,000 Commissioner-set minimum
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Scaling your processing volume — re-issuing at the higher amount your renewal requires, up to the $1,000,000 cap
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 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.

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 Agriculture. Your executed bond and power of attorney arrive by email, ready to submit to the Georgia Department of Agriculture's Hemp Program with your processor permit application or renewal. Wet-ink original mailed on request.

What sets the price

The premium is 2% 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, the bond amount, an effective date, and a soft-pull credit consent that never affects your score.

Start the application →
FAQ

Common questions.

How much is the Georgia hemp processor bond?The premium is 2% of the bond amount — checkout-priced, so your exact figure appears at the application before you pay. The bond amount itself is set by O.C.G.A. § 2-23-6.1: 2% of the hemp you purchased from licensed Georgia growers in the most recent calendar year, with a $20,000 minimum and $1,000,000 maximum. At the $20,000 minimum, the premium works out to $400.
Do I pay the full bond amount?No. The bond amount is the surety's maximum liability if a valid claim is made — not a deposit, and nobody holds your money. You pay 2% of it as the premium.
What amount do I enter if I have no purchase history?New processors with no prior-year hemp purchases typically post the Commissioner-set minimum of $20,000. The GDA Hemp Program confirms your required amount during permit review — if it differs, we re-issue at the correct figure.
Is there a credit check?Yes: one soft credit pull, never a hard inquiry, and it never affects your score. No hard inquiry ever runs on this bond, and the 2% rate does not change with the result.
Who requires the bond, and where do I file it?The Georgia Department of Agriculture — its Hemp Program administers processor permits under the Georgia Hemp Farming Act. The bond is made and delivered to the Commissioner of Agriculture with your permit application or renewal, alongside the permit fee and application materials.
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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Price and requirements checked on the carrier’s application, . Page updated .

Clear the bond line on your processor permit today.

2% of the bond amount, issued the moment you pay, soft pull only. Free until issued.

Your premiumfrom $400
Apply now →