GUELPH, ON, GoodLeaf Farms ("GoodLeaf" or the "Company"), Canada's first and largest commercial indoor vertical farm operator, is pleased to announce Farm Credit Canada (FCC) as a new strategic investor. Partnering with FCC will strengthen GoodLeaf's important position in the country's agricultural ecosystem by advancing innovation, food security and providing locally grown, nutritious products to Canadians.
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. FCC's addition to GoodLeaf's institutional shareholder base—which already features Export Development Canada (EDC)— underscores the strength of its capital foundation and institutional support, highlighting a uniquely robust platform for continued growth and innovation across Canada and beyond.
"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. "Our team and Farm Credit Canada have a shared vision to innovate Canada's agricultural sector through shared knowledge, relationships and expertise. We're proud to have FCC as a partner and look forward to working together as we execute our strategy."
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