Guelph, Ontario-based GoodLeaf Farms has become profitable across its vertical farming operations for the first time.
The context: GoodLeaf, which was founded in 2011 in Halifax, has spent over a decade developing recipes and proprietary tech that helps the firm maximize the yield and quality of its produce by monitoring and controlling light, air, and water delivery to its plants. The company, which counts McCain Foods, Farm Credit Canada, and Power Sustainable Lios among its backers, attributes its success to “years of innovation, disciplined growth, and strategic investment.” It also comes on the back of fivefold revenue growth over the past three years, as GoodLeaf’s total sales soared from $6.4 million in 2023 to $34 million in 2025. GoodLeaf said its revenue is up another 31 percent this year, thanks to rising consumer demand and expanded retail distribution.
As climate change continues to make more of the planet’s surface uninhabitable, this tech will become essential.
Even without profit figuring out how to efficiently and effectively farm tasty crops vertically is valuable!
deleted by creator
This is good because natural disasters are about to happen to most countries due to the idiotic “hurry up and pollute” mentality of the after COVID era.
Its like nobody learned anything from the pandemics impact on nature. Things were looking good for a while. Now we have the biggest super elniño already at peak power about to dry everything to a crisp until winter or next spring when it will flip in the strongest La Niña ever which will bring snow, rain, tornados and category 8 super hurricanes.
As a hater of vertical farming I have never doubted it could be profitable. I just doubt it can ever be environmentally friendly since light must come from someplace and either you are in the ground, you shade something else, or you use artificial lights. The last is most likely and that means more CO2.
generally its artificial lights but it uses ones that are just the wavelengths the plants need and then the idea is to use clean energy sources. in return you are using less land for farmland and growing it in a high density area so that you save energy on shipping. then also harvesting and such can use clean sources. I was sorta the opposite of you. I was jazzed for it but afraid it would not become cost effective.
So are you a lettuce baron by inheritance, or did you just always want to be one ever since you were a kid?
