California green lights surety bond program for state’s cannabis industry

California has approved its first insurer to provide surety bonds for marijuana businesses in the state. According to the Insurance Journal, Mayfield, Ohio-based Continental Heritage Insurance Co. has passed muster with the California Insurance Commission. Here’s what you need to know: Surety bonds are required for California applicants seeking licenses in most sectors of the cannabis […] California green lights surety bond program for state’s cannabis industry is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs