NOVC – Nova Cannabis Inc

Not Compliant

Nova Cannabis Inc is not Shariah Compliant because of its involvement in Cannabis Product Retailers and related activities.

Nova Cannabis Inc. is a Canada-based cannabis retailer. The Company’s principal activity is the operation of retail cannabis stores in Canada. It is focused on disrupting the cannabis retail market by offering a wide range of high-quality cannabis products. The Company operates under the brand name Value Buds and Firesale Cannabis for its cannabis retail locations in Alberta and Ontario, and under the brand name Sweet Tree Cannabis Co. for its retail location in Saskatchewan. The Company owns and/or operates approximately 92 locations across Alberta, Ontario, and Saskatchewan, primarily under its Value Buds banner. Its Value Buds banner offers discount prices on a wide selection of cannabis products from value to premium. Value Buds is a high-value recreational cannabis brand.

AAOIFI ✗

Debt ÷ Market cap (MC)84.74
Non-Compliant Assets ÷ MC

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