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.
- Driven by sustained growth, GoodLeaf revenue increased more than five-fold from $6.4 million in 2023 to $34 million in 2025, with revenue rising an additional 31 per cent in 2026 driven by consumer demand.
- Leveraging proprietary technology, the company operates three commercial-scale farms supplying fresh produce 365 days a year; GoodLeaf microgreens contain 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 sustainable long-term growth and pesticide-free indoor farming operations.
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11 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…
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