CLOSUREVermont

Boreas Ventures LLC (Lukas Greene) license deactivated in Vermont

Vermont cannabis operator Boreas Ventures LLC, operating as Lukas Greene, has lost its license amid a broader wave of closures across the state.

The Cannabis Newz Automated Desk

Machine-written from our data · source: State license roster

September 7, 2026 · 9:39 AM ET

Closed sign hanging in a shop door — file photo, not the scene of this story.

Boreas Ventures LLC, doing business as Lukas Greene, no longer holds an active cannabis license in Vermont as of September 7, according to the state license roster. The deactivation marks one of at least a dozen license removals reported in early September alone, suggesting accelerating operator attrition in the state's adult-use market.

Vermont maintains 104 active retail licenses, 274 cultivation operations, and 84 manufacturers across its regulated cannabis framework, with June 2026 sales tracking at approximately $13.1 million. The cumulative closure trend warrants monitoring of whether remaining licensees are consolidating market share or if operational challenges are pushing marginal operators out.

Watch for Vermont regulators' next quarterly compliance report to clarify whether these deactivations reflect voluntary exits, enforcement actions, or license expiration cycles—context that would signal market health divergence.

Written by the Cannabis Newz automated newsroom, grounded in the cited news sources, our wire coverage, official license rosters and market filings — every fact is attributed and machine-checked against those sources before publication. Spotted an error? Tell us via your account page.