Oklahoma Enforces $50,000 Bond Requirement for Marijuana Growers to Protect Environment and State Resources
Oklahoma City, OK – Governor Kevin Stitt has signed Senate Bill 913 into law, imposing a $50,000 bond requirement for all commercial marijuana growers in Oklahoma. The bond will act as a security deposit to fund necessary remediation in cases where grow operations are abandoned or licenses are revoked.
The new legislation addresses the growing concerns surrounding illegal marijuana farms in the state, which have resulted in the closure of over 800 operations within the past two and a half years. These illicit activities burden taxpayers and pose significant threats to the environment. Irresponsible growers have been found to disregard environmental laws, leading to the presence of toxic chemicals, raw sewage, and harm to wildlife due to runoff at criminal growing sites.
American Surety Bonds Agency is a licensed and certified surety bond company with over 100 years of combined underwriting experience. We are dedicated to assisting marijuana growers in obtaining the bonds required to comply with the law. Our streamlined process ensures quick bond approvals, and we offer a three-tier credit program to accommodate various credit profiles.
We understand the unique needs of the industry and prioritize efficiency. We strive to provide growers with prompt and reliable service. Our experienced team is committed to ensuring that growers can obtain the necessary bonds to meet their legal obligations. Apply Today, Approved Today!
By partnering with us, marijuana growers can have confidence that their bonding requirements will be met professionally and efficiently. We are proud to support a responsible and sustainable marijuana industry in Oklahoma while safeguarding the environment and state resources from the impacts of illegal growing operations.
To learn more give us a call at 1.877.201.8976. Take the first step towards compliance and success in the burgeoning Oklahoma marijuana industry. Apply with our simplified application down below!
American Surety can also assist you with any of your other bonding needs, as we are licensed in all 50 states. Call us today at (404) 486-2355 or our toll-free number (877) 201-8976 or you can visit our website suretybondsagency.com or find us on Facebook, Twitter, or LinkedIn!