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GoodLeaf Farms achieves profitability across all vertical farming operations

Founded in 2011, GoodLeaf has spent the past 15 years building a scalable business designed to provide Canadians with fresh, locally grown produce year-round.
Founded in 2011, GoodLeaf has spent the past 15 years building a scalable business designed to provide Canadians with fresh, locally grown produce year-round.

GoodLeaf Farms, Canada’s largest and only national vertical farming operator, has announced that all three of its farming facilities in Québec, Ontario and Alberta have achieved profitability for the first time, marking a significant milestone for both the company and Canada's controlled environment agriculture (CEA) sector.

 

The achievement follows several years of sustained growth, with revenue increasing more than five-fold from $6.4 million in 2023 to $34 million in 2025. Revenue is up a further 31 per cent in 2026, driven by rising consumer demand and expanded retail distribution of GoodLeaf's Canadian-grown baby greens, microgreens and salad blends.

 

Founded in 2011, GoodLeaf has spent the past 15 years building a scalable business designed to provide Canadians with fresh, locally grown produce year-round. Today, the company operates three commercial-scale farms that supply retailers and food service partners across the country.

 

"Today marks a defining moment for GoodLeaf and for the future of Canadian agriculture," said Andy O’Brien, president & CEO of GoodLeaf Farms. "Reaching profitability across all three of our farms demonstrates that vertical farming has a place in the future of Canada's food system. With the right technology, operations and team in place, we're proving that vertically farmed produce can be delivered at scale—and we're just getting started."

 

GoodLeaf's profitability is the result of years of innovation, disciplined growth and strategic investment. Today, the company operates at national scale and leverages proprietary technology to grow fresh produce in Canada 365 days a year. Backed by Canadian investors, including McCain Foods, Farm Credit Canada and Power Sustainable LIOS, GoodLeaf has built a resilient, cost-efficient business model that supports sustainable long-term growth while maintaining the highest standards of quality and food safety.

 

Source:  GoodLeaf Farms August 11, 2026 news release

 

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Submitted by Karen Davidson on 11 August 2026