Is it halal or haram to invest in medical cannabis stock?
Wa alaykum salaam,
Can you share the stock that you are referring to?
Innovative Industrial Properties Inc (IIPR)
Selamun Aleykum Brother,
Still hoping to get an answer, any information will be appreciated.
Innovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized properties leased to experienced, state-licensed operators for their regulated medical-use cannabis facilities.
Since it leases property to state-licenced operators for regulated medical use, there is scope to invest in this if it passes the Shariah screening criteria.