Canopy Growth posts surprise profit on marijuana demand

CNBC’s Morgan Brennan breaks down Canopy Growth’s recent performance and takes a look at the ETFMG Alternative Harvest EFT, which tracks marijuana stocks. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi

The Canadian cannabis producer’s shares rose 1.9% premarket after it posted an unexpected quarterly profit on rising marijuana demand and cost cuts. The gain comes even as revenue falls short of Wall Street forecasts.

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