Is Canopy Growth Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Canopy Growth Corp (WEED.TO) is currently classified as NOT HALAL as of February 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Canopy Growth Corp a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Canopy Growth Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Canopy Growth Corp?

Muslim investors may consider investing in Canopy 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.

Why is Canopy Growth Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Canopy Growth Corp by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Canopy Growth Corp updated?

The Shariah compliance status of Canopy Growth Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Canopy Growth Corp become non-compliant?

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.

Where can I check the Shariah status of Canopy Growth Corp?

You can check the latest Shariah compliance status of Canopy Growth Corp on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

WEED.TO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: February 09, 2026

Report Source: 2026 3rd Quarter Report

Analyst's Ratings for Canopy Growth Corp (WEED.TO)

Based on 13 analysts giving stock ratings to Canopy Growth Corp in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Canopy Growth Corp. Stock Analysis WEED.TO

Canada Health Care Small Cap Report: Q3, 2026

Canopy Growth Corp. engages in the production, distribution, and sale of cannabis and cannabinoid-based products for both adult-use and medical purposes. The company is headquartered in Smiths Falls, Ontario and currently employs 960 full-time employees. The company went IPO on 2010-06-04. The firm brands include tweed, DOJA, LivRelief Infused, Deep Space, Ace Valley, 7ACRES, Vert, Twd, Wana, Hiway and Canopy Medical. The LivRelief Infused is transdermal creams contain a delivery system designed to penetrate a range of cannabidiol (CBD) and tetrahydrocannabinol (THC). The Deep Space offers beverages and gummies, containing the THC potency available in the Canadian market. The Ace Valley is a cannabis brand focused on ready-to-enjoy beverages. The 7ACRES offers products that are crafted by cannabis enthusiasts. The Wana gummies are created with a handcrafted recipe made with pectin, not gelatin, creating a gluten-free shelf-stable recipe that doesn’t melt. Its Canopy Medical is a pharmaceutical manufacturer for the production, import and release of medical cannabis products in Germany.

Key Statistics of Canopy Growth Corp (WEED.TO)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

CAD1.41CAD1.48

Today's Open

CAD1.47

Volume

2.40M

P/E Ratio (TTM)

52 Week Range

CAD1.18CAD3.28

Market Cap

687.19M

Avg. Volume

2.87M

Dividend Yield

Financial Metrics & Statements of Canopy Growth Corp (WEED.TO)

FAQ's for Canopy Growth Corp (WEED.TO)

According to Musaffa’s Shariah screening methodology, Canopy Growth Corp (WEED.TO) is currently classified as NOT HALAL as of February 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.