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Utah cannabis cultivation bonds.
From $2,000.

Utah licenses cannabis cultivation facilities through the Department of Agriculture and Food, and Utah Code 4-41a-201(2)(b)(iv)(A) requires the applicant to obtain and maintain a liquid cash account or a performance bond of at least $100,000 for each cultivation facility. Pricing is 2% of the bond amount.

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Required for a Utah cannabis cultivation facility license under Utah Code 4-41a-201(2)(b)(iv)(A)
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At least $100,000 per cultivation facility — a bond, or a liquid cash account in the same amount
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2% of the bond amount — exact price at the application, issued the moment you pay
2% rate$2,000 at the $100,000 minimumInstantissuance at checkoutSoft pull onlynever a hard inquiry
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
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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 Utah cannabis cultivation bond cost?

2% of the bond amount, from $2,000 at the $100,000 minimum. Enter your amount in the calculator for the exact price.

How it works

Three steps. One sitting.

No underwriting queue for the cultivation performance bond — enter your amount, pay, and file with the Department. Here is the whole thing:

NOW · ONLINE

Apply online

Business details, the bond amount your license requires, an effective date, and a term. One soft credit pull, never a hard inquiry, and it never affects your score.

INSTANTLY

Pay & e-sign

The premium is 2% of the bond amount — priced at checkout, so the bond issues the moment you pay. Your executed bond and power of attorney generate on the spot.

SAME DAY

File with the Department

Your executed bond arrives by email, ready to submit with your cultivation facility application or renewal at the Utah Department of Agriculture and Food. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the cultivation bond actually guarantees

Utah regulates cannabis production establishments — cultivation facilities, processing facilities, and independent testing laboratories — under the Utah Agricultural Code, Title 4, Chapter 41a. The Department of Agriculture and Food issues the license, and Section 4-41a-201 sets what an applicant has to show.

Among those items, subsection (2)(b)(iv)(A) requires a statement that the applicant will obtain and maintain a liquid cash account with a financial institution or a performance bond of at least $100,000 for each cannabis cultivation facility the applicant applies for — issued by a surety authorized to transact surety business in Utah. Most operators post the bond instead of tying up the cash.

It is a three-party arrangement: you (the principal), the surety carrier, and the State of Utah (the obligee). The bond guarantees your compliance with Chapter 41a and the rules issued under it; failure to maintain the qualifications of the license can lead to suspension, revocation, or forfeiture of the bond. It is not insurance for you — if the surety pays, you repay the surety.

Utah Code 4-41a-201(2)(b)(iv)(A)Section 4-41a-201 of the Utah Agricultural Code governs the cannabis production establishment license issued by the Department of Agriculture and Food. Subsection (2)(b)(iv)(A) requires the applicant to state that it will obtain and maintain a liquid cash account with a financial institution, or a performance bond that a surety authorized to transact surety business in the state issues, in an amount of at least $100,000 for each cannabis cultivation facility for which the applicant applies. Confirm the amount on your application packet before you buy.

You need this bond if you're

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Applying for a Utah cannabis cultivation facility license with the Department of Agriculture and Food
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Applying for more than one facility — the $100,000 floor applies to each cultivation facility
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Renewing a cultivation license whose bond or cash account is expiring
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Swapping a liquid cash account for a bond to free up working capital
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. Your executed bond arrives by email, ready to submit with your cultivation facility application or renewal at the Utah Department of Agriculture and Food. 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 your license requires, an effective date, and a term. That is the application.

Start the application →
FAQ

Common questions.

How much is the Utah cannabis cultivation bond?The premium is 2% of the bond amount. The bond amount itself starts at the statutory $100,000 per cultivation facility, so enter that figure (or the amount your packet names) and your exact price appears at the application.
Can I post cash instead?Yes — 4-41a-201(2)(b)(iv) lets you maintain a liquid cash account with a financial institution in place of the performance bond. Most operators bond it instead, because the premium is a fraction of the amount and the cash stays in the business.
How fast will I have the bond?This bond is priced at checkout, so it issues the moment you pay — your e-signed bond and power of attorney arrive by email, ready to file with your cultivation facility application.
Is there a credit check?Yes: one soft credit pull, never a hard inquiry, and it never affects your score. The 2% rate stays the same either way.
What happens if I let it lapse?The bond has to stay in force for as long as you hold the license. Failure to maintain the qualifications of a cannabis production establishment license can lead to suspension or revocation, so we send renewal notices 60 and 30 days out.
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 .

Cultivation performance bond, issued today.

2% of the bond amount, issued the moment you pay. Soft pull only, and free until issued.

Your premiumfrom $2,000
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