Lucid Green Raises Capital to Accelerate Growth as LucidID Adoption Surpasses 160 Million Units
Lucid Green, the leading provider of item-level tracking, compliance, and consumer engagement solutions, announced new funding from its lead investors. The capital raise follows record-breaking growth and adoption, cementing Lucid Green's leadership position in the legal cannabis industry.
The company recently reached a record 800,000 daily LucidID's generated and now has over 160 million LucidID's in the market. This rapid adoption establishes Lucid Green as the trusted standard for label compliance, efficient retail inventory management, and consumer trust.
"Brands and retailers are under pressure to improve profitability," said Larry Levy, CEO of Lucid Green. "Our platform delivers that. While competitors offer services for free, our partners are consistently saving and making money with our platform. This proven value is accelerating adoption, putting us on track for continued growth in 2026."
Key Growth & Adoption Highlights:
Achieved double-digit monthly revenue growth throughout 2025.
Holds dominant market share across five key states.
The LucidID App is rated 4.8 stars on the iOS App Store, reflecting strong consumer satisfaction.
The number of brands using Lucid Connect, a direct-to-consumer offering, more than doubled in 2025.
Consumers have claimed over 1,250,000 BudPoints rewards and received more than 60,000 reward items.
What Our Partners Are Saying:
"Lucid Green has helped our operational efficiency from label generation, counting accuracy to retail intake."
Diana Coats, SVP Operations, Good Day Farm
"Lucid Green has completely streamlined our operations. The serialized LucidIDs prevent errors, ensure compliance, and have saved us considerable time and money."
Joseph Perzanowski, Director Operations, Goldleaf
"The transparency and ease of use of automatically transferring batch-specific COA information into product QR codes has been a game changer."
Phil Hon, Vice President, Rove
"By reducing the labor required to receive manifests, Lucid has significantly improved our operational efficiency and helped us lower costs across our retail network."
Jason Gulley, National Director of Wholesale, Story