ColdAcre Food Systems once served the Yukon with solutions for farming, hydroponics, agriculture design, food distribution, and food production but has recently closed. On Oct. 2, partners of the company announced in a press release that they would no longer be operating following financial difficulties caused by the Victoria Gold landslide in June.
The company, established in 2019, developed and manufactured food-system technologies, which included hydroponic grow units and Arctic greenhouses. The company also provides planning, management, and training services. ColdAcre was active in Whitehorse, Dawson City, Mayo, as well as Inuvik in the N.W.T., prior to its closure.
Na-Cho Nyäk Dun Development Corporation (NNDDC) owned a majority stake in ColdAcre, expanding its food services portfolio while integrating different levels of the supply chain. NNDDC currently owns Mayo Foods as a local grocery store and camp services provider for local industries and mining projects.
"Food sovereignty and security remains an organizational priority for not only the business development opportunity within the industry, but for its impact from a community reinvestment standpoint," Sarah Frey, NNDDC's communication consultant, said by email to the News. "We're disappointed about this recent decision to close ColdAcre, but are absolutely still committed to our food sovereignty mission."
Read more at Yukon News