Mystic Holdings, Inc. operates as a holding company. The company is headquartered in Las Vegas, Nevada. The company went IPO on 2021-07-13. The firm is engaged in providing medical and recreational cannabis cultivation and production, and retail dispensary operations for cannabis and cannabis consumer products. Through its subsidiary, Qualcan, LLC (Qualcan), it wholesales its products including cannabis flowers, edibles and concentrates, under the trademark Qualcan to state-licensed dispensaries utilizing METRC, a state-mandated tracking system. Qualcan has a cannabis cultivation and production facility with the capacity to produce about 600 pounds of sellable cannabis per month. In addition to its wholesale operations, the Company, through its wholly owned subsidiaries Qualcan, Picksy, LLC and Picksy Reno, LLC, operates three recreational/medical retail dispensaries one in Clark County, one in City of Las Vegas and one in Reno.
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As of August 2026, Mystic Holdings Inc MSTH 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 Mystic Holdings Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in Mystic 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 Mystic 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 Mystic 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 Mystic 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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