Green Thumb Industries Inc. (GTBIF) - Not Halal (Non-Compliant)
Green Thumb Industries Inc. (GTBIF) is classified as Not Halal (Non-Compliant) according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
- Sector
- Healthcare
- Industry
- Drug Manufacturers - Specialty & Generic
- Result
- Doubtful
- Reason
- This company requires further review: description contains keywords that may indicate non-permissible activities: cannabis. The sector "Healthcare" is not categorically excluded, but deeper analysis is recommended.
Financial Ratios
- Debt Ratio
- Value: 31.9% | Threshold: 30% | Result: Fail
- Cash & Interest-bearing Securities Ratio
- Value: 16.1% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 0.9% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.87%.Based on the company's financial statements, approximately 0.87% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.87% of total income). Some scholars may differ on the exact calculation method.
About Green Thumb Industries Inc.
Green Thumb Industries Inc. manufactures, distributes, markets, and sells of cannabis products for medical and adult-use in the United States. It operates through two segments, Retail and Consumer Packaged Goods. The company offers cannabis flower; processed and packaged products, including pre-rolls, concentrates, vapes, tinctures, edibles, topicals, capsules, tinctures, and other cannabis-related products under the &Shine, Beboe, Dogwalkers, Doctor Solomon's, Good Green, incredibles, RYM, and RHYTHM brands. It distributes its products to third-party licensed retail customers; and sells finished products to third-party licensed retail cannabis stores. Green Thumb Industries Inc. was founded in 2014 and is headquartered in Chicago, Illinois.
Frequently Asked Questions
Is Green Thumb Industries Inc. (GTBIF) stock halal to invest in?
According to AAOIFI Shariah screening standards, Green Thumb Industries Inc. (GTBIF) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.

