#USA #New York #Cannabis Growth #Lucid Green #LucidID

Lucid Green's New Funding: A Catalyst for Growth

Lucid Green, acknowledged as a frontrunner in item-level tracking and consumer engagement solutions, announced today a significant capital raise aimed at enhancing its growth trajectory. This announcement comes in light of the company's impressive achievement of generating 800,000 daily LucidIDs, leading to an astounding total of over 160 million units in circulation.

A Significant Milestone in the Cannabis Industry

The rapid adoption of Lucid Green's solutions highlights its pivotal role in the legal cannabis industry, where compliance and consumer engagement are paramount. With this funding, Lucid Green is poised to solidify its standing and support the burgeoning demand for reliable tracking and compliance technologies.

"Brands and retailers face mounting pressure to enhance profitability. Our platform is designed to deliver this value," stated Larry Levy, the CEO of Lucid Green, reflecting on how the funding aligns with the company’s mission. Unlike many competitors who offer free solutions, Lucid Green’s platform has shown measurable success, aiding partners in realizing financial gains.

Achievements Driving Continued Growth

Key accomplishments underline Lucid Green’s growth trajectory:

• - Double-Digit Revenue Growth: Achieving consistent monthly revenue growth throughout 2025, indicating strong market demand.
• - Market Dominance: Securing a commanding market share across five crucial states, reinforcing their footprint in the cannabis sector.
• - Industry-Leading App Ratings: The LucidID App has earned a remarkable 4.8-star rating on the iOS App Store, showcasing high levels of consumer satisfaction and trust.
• - Expansion of Direct-to-Consumer Services: The number of brands adopting the Lucid Connect service has more than doubled this year, a testament to the platform’s effectiveness.
• - Reward Programs: Over 1.25 million BudPoints rewards have been awarded to consumers, with participants redeeming more than 60,000 different reward items.

Testimonials from Industry Leaders

Lucid Green has received numerous endorsements from industry partners. Diana Coats, SVP Operations at Good Day Farm, emphasized the positive impact on operational efficiency due to streamlined label generation and counting accuracy.

Joseph Perzanowski, Director of Operations at Goldleaf, noted, "The serialized LucidIDs prevent errors, ensure compliance, and have saved us considerable time and money."

Similarly, Phil Hon, Vice President of Rove, praised the system's transparency and ease of use, which streamlines the integration of batch-specific information into product QR codes. Jason Gulley, National Director of Wholesale at Story, highlighted the substantial reductions in labor costs due to the efficiencies gained through Lucid Green’s solutions.

About Lucid Green

Lucid Green specializes in providing unparalleled item-level supply chain visibility, inventory management optimization, and robust consumer engagement solutions. With its innovative platforms—LucidSource, LucidID, and Lucid Connect—the company empowers brands and retailers by ensuring efficiency, compliance, and trust throughout the entire product lifecycle.

With this newly secured funding, Lucid Green is well-positioned for continued growth in the dynamic cannabis market, as it champions both consumer interests and industry standards.