Do you own a Medical Marijuana Business?  The Colorado Department of Revenue has advanced the date from July 1 to May 1, 2011 for your sales tax bond to be completed;      
12-43.3-304. Failure to do so may lead to Criminal and Civil penalties and denial of your license.

The purpose of this bond is to protect the State of Colorado from financial loss through non-payment of sales tax. It is a $5000 surety bond which guarantees the State that the bonded dispensary will pay the required sales taxes owed.  Failure to do so may subject the surety to paying the State.

A bond is not an insurance policy; therefore you will be personally liable for performing the conditions of the bond--paying timely sales taxes as directed by law to the State of Colorado.  Since a bond is a credit relationship, approval and the cost of the bond (premium) is based on credit and may vary from client to client.