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The Cannabis ETF

THCX

The Cannabis ETF (THCX) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 80.46%. Below: the fund under all five rulebooks, its facts and every holding with its own verdict.

Akinda fund screen

Akinda fund screen (AAOIFI-derived)Not halalCoverage: 80.46%
  • Halal 4.46%
  • Doubtful 0.00%
  • Not halal 76.00%
  • Not rated 19.54%

The bar is scaled to fit; the figures are as reported, and the buckets do not always total 100%.

Coverage is the share of the fund's weight we hold a usable verdict for. Below 95%, a fund is rated only when the weight we can see already breaches the 5% limit; otherwise it is not rated by this method.

Fund facts

Issuer
—
Venue (where it trades)
United States
Domicile (where it is registered)
United States
Reporting currency
USD
Expense ratio
0.75%
AUM
13.00M USD
Holdings
22 (17 screened)
Basket as of (provider)
5 Feb 2025
Basket fetched by Akinda
23 Oct 2026
Verdict updated
3 Nov 2026

Venue is where a fund trades; domicile is where it is registered. London-listed funds are domiciled in Ireland or Luxembourg, so use Venue for UK ETFs.

Five rulebooks

RulebookVerdictHalalNot halalSplit (0–100%)
Akinda fund screen (AAOIFI)Not halal4.46%76.00%
DJIMNot halal4.46%76.00%
FTSENot halal9.00%71.46%
MSCINot halal9.00%71.46%
S&PNot halal9.00%71.46%

Every bar uses the same 0–100% scale. Index rulebooks report only halal and not-halal weight; uncoloured weight is weight that rulebook does not classify. Coverage is published for the Akinda fund screen only.

The fund screen and the four index rulebooks answer different questions, so they are expected to disagree. A fund can be doubtful on our fund screen and halal under S&P; both are correct.

Holdings

1–22 of 22 holdings, largest first · basket as of 5 Feb 2025
No.HoldingWeightAkinda (AAOIFI)DJIMFTSEMSCIS&P
1
SMGScotts Miracle-Gro Company Class A
6.55%Not halalNot halalNot halalNot halalNot halal
2
AFCGAFC GAMMA INC
6.46%Not halalNot halalNot halalNot halalNot halal
3
OGIOrganigram Holdings Inc
6.39%Not halalNot halalNot halalNot halalNot halal
4
CRDL.TOCARDIOL THERAPEUTICS INC A
6.05%Not halalNot halalNot halalNot halalNot halal
5
FAF.TOFire & Flower Holdings Corp
5.81%Not ratedNot ratedNot ratedNot ratedNot rated
6
TLRYTilray Inc-Class 2 Common
5.52%Not halalNot halalNot halalNot halalNot halal
7
VFFVillage Farms International
5.38%Not halalNot halalNot halalNot halalNot halal
8
CRONCronos Group Inc
5.18%Not halalNot halalNot halalNot halalNot halal
9
CGCCanopy Growth Corp
5.07%Not halalNot halalNot halalNot halalNot halal
10
MAPSWM Technology Inc
4.92%Not halalNot halalNot halalNot halalNot halal
11
GRWGGrowgeneration Corp.
4.54%Not halalNot halalHalalHalalHalal
12
WATWaters Corporation
4.46%HalalHalalHalalHalalHalal
13
PKIPerkinElmer Inc.
4.39%Not ratedNot ratedNot ratedNot ratedNot rated
14
CWEB.TOCharlottes Web Holdings Inc
4.36%Not halalNot halalNot halalNot halalNot halal
15
HITI.TOHIGH TIDE INC
4.16%Not halalNot halalNot halalNot halalNot halal
16
ACBAurora Cannabis Inc
3.98%Not halalNot halalNot halalNot halalNot halal
17
NOVC.TONOVA CANNABIS INC
3.82%Not ratedNot ratedNot ratedNot ratedNot rated
18
AMRSAmyris Inc
3.80%Not ratedNot ratedNot ratedNot ratedNot rated
19
HYFMHydrofarm Holdings Group Inc
3.33%Not halalNot halalNot halalNot halalNot halal
20
GNLNGreenlane Holdings Inc - A
2.20%Not halalNot halalNot halalNot halalNot halal
21
YCBDCbdmd Inc
1.90%Not halalNot halalNot halalNot halalNot halal
22
AGFYAgrify Corp
1.73%Not ratedNot ratedNot ratedNot ratedNot rated

Not rated means we hold no usable verdict for that company; it is never treated as compliant.

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