Green Lantern 2 is a proposed sequel to the 2011 film Green Lantern which was due to star Ryan Reynolds back in the lead role. However, he expressed no interest in reprising the title character and it was also cancelled because the first film bombed at the box office 
Why It Was Cancelled
- Plans for a MCU-style DC Comics universe as well as this were cancelled.
- The sequel was cancelled after the first film flopped at the box office.
- Ryan Reynolds expressed no interest in a sequel in order to star in Deadpool.
- Ryan Reynolds as Green Lantern
The sequel is permanently cancelled. The film will be rebooted in 2020 as Green Lantern Corps.