BGXX Shariah Compliance
Screening Methodology: AAOIFI
LOCKED
Bright Green Corp. Stock Analysis BGXX
Bright Green Corp. engages in the cultivation, manufacture, and sale of medical cannabis. The company is headquartered in Fort Lauderdale, Florida and currently employs 5 full-time employees. The company went IPO on 2022-05-17. The firm specializes in the research, production, distribution, and advancement of plant-based drugs and APIs, including psilocybin, psilocyn, peyote, and opium poppy. The company plans to focus on the development of cannabis strains and sales of cannabis and hemp products with high contents of cannabinol (CBN) and cannabigerol (CBG). The company also plans to cultivate cannabis and focus on the production of dried flowers, and oils and marijuana extracts. In addition to cannabis, it also has a separate area for controlled substance cactus cultivation, and a separate controlled area for mushroom propagation. The company is in the process of completing construction of the 22-acre existing greenhouse to comply with the requirements for Schedule I and Schedule II plant-based drugs. The company also plans to construct two new 57-acre greenhouses, one each on the Candelaria property and Azuz property.
Read More BGXX Chart
Bright Green Corp vs S&P 500 Comparative Returns
Analysis of BGXX stock performance compared to the broader market (S&P 500) across multiple timeframes.
YTD Performance
- Bright Green Co... (BGX...) -26.92%
- S&P 500 5.05%
Bright Green Corp Underperformed S&P 500 by 31.97%
1Y Performance
- Bright Green Co... (BGX...) -86.9%
- S&P 500 13.06%
Bright Green Corp Underperformed S&P 500 by 99.96%
3Y Performance
- Bright Green Co... (BGX...) %
- S&P 500 62.03%
Bright Green Corp Underperformed S&P 500 by N/A%
5Y Performance
- Bright Green Co... (BGX...) %
- S&P 500 99.19%
Bright Green Corp Underperformed S&P 500 by N/A%
FAQ's
Halal stocks refer to shares of companies that comply with Islamic finance principles, meaning they do not engage in businesses related to alcohol, gambling, pork, or interest-based financial services.