CannTrust Holdings, Inc. engages in the production and distribution of medical cannabis. The company is headquartered in Vaughan, Ontario and currently employs 576 full-time employees. The company went IPO on 2017-08-22. The Company’s primary asset is comprised of an approximately 10% equity interest in Phoena Holdings Inc. (Phoena). Phoena is a licensed cannabis producer, with locations in Vaughan and Fenwick, Ontario. Phoena operates a portfolio of brands, including estora, Liiv, SYNR.G and Xscape. The company has four brands in the medical and recreational spaces. The company offers a variety of dried flowers, pre-rolls, cannabis oils, capsules, topical gels and sublingual strips.
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FAQ's for CannTrust Holdings Inc (CNTTQ)
As of August 2026, CannTrust Holdings Inc CNTTQ is classified as not covered according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes CannTrust Holdings Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in CannTrust Holdings Inc if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of CannTrust Holdings Inc by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of CannTrust Holdings Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.
Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
You can check the latest Shariah compliance status of CannTrust Holdings Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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