GoodLeaf Farms, Canada's only national and largest vertical farming operator, has completed an equity financing totaling $52 million, to expand the production capacity of GoodLeaf's farms in Alberta and Québec and establish a new research and development centre in Ontario.

2025 was transformational for GoodLeaf Farms, marked by accelerated growth and a sharp increase in demand for its Canadian-grown baby greens, microgreens, and blends across Canada. Combined with the launch of its Agricultural Centre of Excellence in Guelph, Ontario as a new hub for research and development, the company is well positioned to lead the vertical farming industry into a strong and viable future. 

"We entered 2025 with incredible momentum, and by April, demand for our products nearly doubled as Canadians from coast to coast embraced Canadian-grown greens," said Andy O'Brien, CEO of GoodLeaf Farms. "With this new funding, we will double the capacity of our two largest farms in 2026, giving Canadians even greater access to premium, locally grown baby greens and nutrient dense microgreens."

This funding round included investments from new and existing shareholders including Farm Credit Canada (FCC), Power Sustainable Lios and McCain Foods. 

Part of the new investment will support the creation of a new research and development centre in Ontario focused on developing more sustainable and efficient growing practices across GoodLeaf's three vertical farms.

"McCain Foods is a homegrown Canadian success story; we invest in fellow Canadian innovators transforming agriculture and advancing sustainability. From the early days, we have been a key partner in GoodLeaf's development, and we're excited to continue supporting their mission," said Charlie Angelakos, vice president, global external affairs and sustainability of McCain Foods.

Source:  GoodLeaf Farms November 13, 2025 news release