Is Cronos Group Inc. (CRON) Halal?

NASDAQ Healthcare Canada $962M
✗ NOT HALAL
Confidence: 90/100
Cronos Group Inc. (CRON) is Not Halal under AAOIFI Standard 21. While the debt ratio of 0.2% is acceptable, the cash and interest-bearing securities ratio of 84.1% exceeds the 30% threshold. Cronos Group Inc. operates in the Healthcare sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 0.2%
/ 30%
84.1%
/ 30%
5.8%
/ 30%
27.26%
/ 5%
✗ NOT HALAL
DJIM 0.2%
/ 33%
84.1%
/ 33%
5.8%
/ 33%
27.26%
/ 5%
✗ NOT HALAL
MSCI 0.1%
/ 33%
69.5%
/ 33%
4.8%
/ 33%
27.26%
/ 5%
✗ NOT HALAL
S&P 0.2%
/ 33%
84.1%
/ 33%
5.8%
/ 33%
27.26%
/ 5%
✗ NOT HALAL
FTSE 0.1%
/ 33%
69.5%
/ 33%
4.8%
/ 50%
27.26%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-0.02
P/B Ratio
0.9
EV/EBITDA
-49.6
EV: $166M
Revenue
$147M
Growth: 47.0%
Beta
1.2
High volatility
Current Ratio
19.6

Profitability

Gross Margin 39.8%
Operating Margin -10.1%
Net Margin -6.4%
Return on Equity (ROE) -0.3%
Return on Assets (ROA) -0.9%

Cash Flow & Balance Sheet

Operating Cash Flow$26M
Free Cash Flow-$190,000
Total Debt$2M
Debt-to-Equity0.1
Current Ratio19.6
Total Assets$1.2B

Price & Trading

Last Close$2.52
50-Day MA$2.60
200-Day MA$2.47
Avg Volume1.3M
Beta1.2
52-Week Range
$1.60
$3.43

About Cronos Group Inc. (CRON)

CEO
Mr. Michael Ryan Gorenstein J.D.
Employees
610
Sector
Healthcare
Industry
Drug Manufacturers - Specialty & Generic
Country
Canada
Exchange
NASDAQ
Market Cap
$962M
Currency
USD

Cronos Group Inc., a cannabinoid company, engages in the cultivation, production, distribution, and marketing of cannabis products in Canada, Israel, and internationally. It offers dried flowers, pre-rolls, oils, vaporizers, edibles, and tinctures under the Spinach, Lord Jones, Lit, and Peace Naturals brand names. The company is headquartered in Stayner, Canada.

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Frequently Asked Questions

Is Cronos Group Inc. (CRON) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Cronos Group Inc. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Cronos Group Inc.'s debt ratio?

Cronos Group Inc.'s debt ratio is 0.2% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 0.1%.

What are Cronos Group Inc.'s key financial metrics?

Cronos Group Inc. has a market capitalization of $962M, and revenue of $147M. The company maintains a gross margin of 39.8% and a net margin of -6.4%. Return on equity stands at -0.3%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.