Sundial Grows Inc. /zigman2/quotes/213489825/composite SNDL -35.79% shares rose more than 15% in the extended session Wednesday after the company reported a third-quarter loss of C$97.5 million ($73.6 million) on net revenue of C$33.5 million. The cannabis company's net loss amounts to C$1.06 a share, versus a loss of C$0.18 a share in the year-ago period. Sundial did not report revenue a year ago. Sundial said its losses were "driven by" the termination of a royalty obligation and the acquisition of a business in the United Kingdom. Not enough analysts were polled by FactSet to form reliable consensus estimates. Sundial went public in August; the stock has dropped 65% in the past three months as the benchmark S&P 500 index /zigman2/quotes/210599714/realtime SPX -0.02% rose 23%.