Aurora Cannabis Inc. says it incurred a $137.4 million net loss in its third quarter, down from the $1.3 billion it reported the quarter before.

The Edmonton-based cannabis company says the period ended Mar. 31 saw improvement because the quarter before it had a $762.2 million goodwill impairment charge and $210.6 million impairment charge on intangibles and property, plant and equipment.

Its third quarter net loss amounted to $1.37 per share, down from $14.16 the quarter before.

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