Grapefruit USA, Inc. engages in the manufacture and distribution of cannabis products. The company is headquartered in Los Angeles, California and currently employs 9 full-time employees. The company went IPO on 2016-06-21. Its Hourglass is the patented Full Spectrum THC+ CBD Topical delivery Cream that provides its users with a full body, synergistic entourage effect. Hourglass is available in licensed retail and mobile cannabis dispensaries in Central California and Los Angeles County, California, the United States of America. Its certified organic CBD tincture stimulates health, wellness and well-being with its organic, Keto friendly, MCT Oil. Its certified organic pet CBD tincture is a hemp-derived CBD oil made with 100% certified organic extra virgin olive oil. The firm is also engaged in retail and wholesale sales of its Summit Boys branded products in California.
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As of August 2026, Grapefruit USA Inc GPFT 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 Grapefruit USA Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in Grapefruit USA 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 Grapefruit USA 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 Grapefruit USA 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 Grapefruit USA 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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