Flora Growth Corp FLGC
$8.95 $2.02 (18.41%) 1D
Last Updated: Jan 28, 12:00 AM·NASDAQ
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FLGC Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Flora Growth Corp is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Flora Growth Corp. Stock Analysis FLGC
United States Consumer Staples Nano Cap Flora Growth Corp. engages in the production of organic cannabis and pharmaceutical-grade medical products. The company is headquartered in Fort Lauderdale, Florida and currently employs 64 full-time employees. The company went IPO on 2021-05-11. Its brand consists of JustCBD, Vessel, Melo, Haze, and Australian Vaporizers. JustCBD is a consumer-packaged goods brand with over 350 products, including cannabidiol gummies, topicals, tinctures, and vape products. JustCBD products are available for purchase in smoke and vape shops, clinics, spas, and pet stores, as well as other independent non-traditional retail channels. Vessel is the cannabis accessory and technology brand servicing the United States and Canada through direct-to-consumer and retail sales. Vessel's products include cannabis consumption accessories, personal storage, and travel accessories for the vape and dry herb categories, which are sold to consumers, dispensaries, smoke shops, and cannabis brands. Australian Vaporizers is an online retailer of vaporizers, hardware, and accessories in Australia.
Flora Growth Corp (FLGC) Chart
Financial Metrics & Statements of Flora Growth Corp (FLGC)
FAQ's for Flora Growth Corp (FLGC)
- As of August 2026, Flora Growth Corp FLGC is classified as not halal 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 Flora Growth Corp using these criteria to determine its compliance status.
- Muslim investors may consider investing in Flora Growth Corp 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 Flora Growth Corp 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 Flora Growth Corp 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 Flora Growth Corp on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Flora Growth Corp (FLGC)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
