GoodLeaf Farms recently announced Farm Credit Canada (FCC) as a new strategic investor. This investment follows a year marked by substantial capacity expansion and strong business growth.
With more than 280,000 square feet of production capability across three farms, including recently commercialized farms in Alberta and Quebec, GoodLeaf has successfully broadened its operations across the country. The company also increased its national retail presence with more than 2,700 locations, driven by growing demand from major grocery and food service partners.
The funding round included participation by FCC and key existing shareholders, McCain Foods and Power Sustainable Lios. "This strategic investment by FCC signals another important milestone for GoodLeaf, bringing valuable expertise and capital to support the important role of vertical farming within the Canadian food system," said Andy O'Brien, President and CEO of GoodLeaf Farms.
"FCC is committed to supporting Canada's agriculture and food industry through increasing productivity and innovation," said Douglas Hewson, Vice-President of Investment for FCC Capital. "We are pleased to invest in GoodLeaf as it pursues growth and innovation that has potential to create benefits across the sector. This growing business continues to demonstrate the ingenuity that is driving the future of food production in Canada, and we are excited to be part of its journey ahead."
For more information: 
GoodLeaf Farms
www.goodleaffarms.com