GoodLeaf embarks on national vertical farm network
March 2, 2021
With the closure of a successful new funding round, GoodLeaf Farms is embarking on an aggressive growth and expansion plan to build a national network of vertical farms.
Backed by a sizeable investment from McCain Foods Limited which has increased its total investment in GoodLeaf to more than $65 million GoodLeaf will bring its controlled-environment agriculture technology to more Canadian markets over the coming year, providing consumers with year-round local food that is typically imported from the Southern United States or Mexico.
“From our start in Truro to our first commercial farm in Guelph, GoodLeaf has built a strong foundation for future growth,” says Barry Murchie, CEO of GoodLeaf. “We want to be a global leader in vertical farming. Our first step to accomplishing that is ensuring we have a strong footprint in Canada, giving Canadians access to top quality, nutrient-dense,
McCain Foods invests millions in vertical farming operation GoodLeaf
McCain Foods Limited has made a substantial investment in TruLeaf Sustainable Agriculture and its wholly owned subsidiary GoodLeaf Farms, Canada s largest commercial vertical farming operation, to help drive the company s growth and expansion plans. With this investment, GoodLeaf Farms is embarking on an aggressive growth and expansion plan to build a national network of vertical farms that will bring fresh, delicious, nutritious and locally grown leafy greens to Canadians across the country, they say.
With the $65 million investment in GoodLeaf, McCain is the single largest shareholder in the company. From our start in Truro to our first commercial farm in Guelph, GoodLeaf has built a strong foundation for future growth, says Barry Murchie, Chief Executive Officer of GoodLeaf. We want to be a global leader in vertical farming. Our first step to accomplishing that is ensuring we have a strong footprint in Can