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SHWZ Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 26, 2024

Report Source: 2023 Annual Report

Analyst's Ratings for Medicine Man Technologies Inc (SHWZ)

Based on 8 analysts giving stock ratings to Medicine Man Technologies Inc in the past 3 months

Strong
Sell
SellHoldBuyStrong
Buy
Strong Buy
25
Buy
62
Hold
13
Sell
0
Strong Sell
0
Medicine Man Technologies Inc

Medicine Man Technologies Inc. Stock Analysis SHWZ

United States Health Care Nano Cap Report:
Medicine Man Technologies, Inc. engages in the cultivation, manufacture, distribution, and retail sale of cannabis and cannabis related products. The company is headquartered in Denver, Colorado and currently employs 729 full-time employees. The company went IPO on 2015-12-23. The Company’s business involves the cultivation, manufacturing, distribution and retail sale of cannabis and cannabis-related products. The firm sells products it manufactures and cultivates and a variety of other cannabis goods through wholly owned retail stores, licensing arrangements, and/or third-party operators and retailers. The company has three segments: Retail, Wholesale and Other. The Retail segment consists of retail locations for the sale of cannabis products. The Wholesale segment consists of manufacturing, cultivation and sale of both wholesale cannabis and non-cannabis products. The Other segment encompasses the Company’s general corporate operations, in-store advertisements, and certain vendor promotions. The firm owns and operates approximately 63 retail dispensaries.
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Medicine Man Technologies Inc (SHWZ) Chart

Financial Metrics & Statements of Medicine Man Technologies Inc (SHWZ)

FAQ's for Medicine Man Technologies Inc (SHWZ)

  • According to Musaffa’s Shariah screening methodology, Medicine Man Technologies Inc (SHWZ) is currently classified as NOT HALAL as of April 2024. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.
  • A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Medicine Man Technologies Inc using these criteria to determine its compliance status.
  • Muslim investors may consider investing in Medicine Man Technologies 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 Medicine Man Technologies 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 Medicine Man Technologies 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 Medicine Man Technologies 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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