GoodLeaf Farms Becomes First Vertical Farming Operator in North America to Achieve Profitability Across All Farming Operations
GoodLeaf said revenue rose more than five-fold to $34 million in 2025 as rising demand and expanded distribution helped all three farms turn profitable.
- On Tuesday, August 11, 2026, GoodLeaf Farms announced that all three of its farming facilities in Quebec, Ontario, and Alberta have achieved profitability, marking a significant milestone for Canada's controlled environment agriculture sector.
- The company's revenue rose more than five-fold from $6.4 million in 2023 to $34 million in 2025, with revenue increasing another 31 per cent in 2026 driven by rising consumer demand.
- GoodLeaf operates three commercial-scale farms supplying fresh produce 365 days a year, with microgreens containing up to 166 times more nutrients than mature counterparts.
- "Reaching profitability across all three of our farms demonstrates that vertical farming has a place in the future of Canada's food system," said Andy O'Brien, President & CEO of GoodLeaf Farms.
- Founded in 2011, GoodLeaf is backed by investors including McCain Foods, Farm Credit Canada, and Power Sustainable LIOS, supporting long-term sustainable growth and pesticide-free indoor farming.
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12 Articles
Oskaloosa Herald
GoodLeaf Farms Becomes First Vertical Farming Operator in North America to Achieve ...
GUELPH, Ontario, Aug. 11, 2026 (GLOBE NEWSWIRE) -- GoodLeaf Farms, Canada’s largest and only national vertical farming operator, today announced that all three of its farming facilities in Quebec, Ontario and Alberta have achieved profitability for the first time, marking…
The Toronto Star
GoodLeaf Farms Becomes First Vertical Farming Operator in North America to Achieve Profitability Across All Farming Operations
GUELPH, Ontario, Aug. 11, 2026 (GLOBE NEWSWIRE) -- GoodLeaf Farms, Canada’s largest and only national vertical farming operator, today announced that all three of its farming facilities in Quebec, Ontario and Alberta have achieved profitability for the first time, marking…
GoodLeaf Farms achieves profitability across all vertical farming operations
GoodLeaf Farms has announced that all three of its farming facilities in Quebec, 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…
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