Section 15-55 of the Cannabis Regulation and Tax Act (Financial responsibility) requires a dispensing organization to establish and maintain an escrow or surety account in a financial institution in the amount of $50,000, with terms approved by the Department of Financial and Professional Regulation, as evidence of financial responsibility. The account may not be canceled on less than 30 days' written notice to the Department unless the Department approves otherwise. A surety bond is the standard way to meet this requirement without escrowing cash — confirm your obligation and any waiver eligibility with IDFPR.

What the bond actually guarantees

You need this bond if you're

Checkout-priced bonds like this issue the moment payment clears. Your e-signed bond and power of attorney will arrive by email, ready to sign as principal and file with IDFPR.

IL Cannabis Adult Use Dispensing Organization Bond: $2,000 flat for the $50,000 requirement under 410 ILCS 705/15-55, filed with IDFPR. Issued instantly.

Cannabis Adult Use Dispensing Organization Bond ($50,000)

Illinois - Cannabis Adult Use Dispensing Organization ($50,000)

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.