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Farm Credit Canada invests in GoodLeaf Farms

Jan 23, 2025 | 3:41 PM

Canada’s first and largest commercial indoor vertical farm operator will have the backing of Farm Credit Canada.

GoodLeaf Farms said the partnership will strengthen their position by advancing innovation, food security, and providing locally grown, nutritious products to Canadians.

GoodLeaf has broadened its operations across the country with more than 280,000 square feet of production capability across three farms, including recently commercialized farms in Alberta and Quebec.

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.

GoodLeaf Farms President and CEO Andy O’Brien said the support from FCC signals another important milestone for GoodLeaf, bringing valuable expertise and capital to support the important role of vertical farming in the country.

“Our team and Farm Credit Canada have a shared vision to innovate Canada’s agricultural sector through shared knowledge, relationships and expertise,” he said. “We’re proud to have FCC as a partner and look forward to working together as we execute our strategy.”

There has been a rising popularity of microgreens for their diverse and appealing flavour profiles, outstanding nutritional qualities, and convenience.

Originally used solely as a meal garnish, microgreens have become essential ingredients in several healthy food and drink recipes and are widely valued as the star component of healthy salads.

To achieve its goal of providing Canadians coast-to-coast access to premium, sustainably grown greens 365 days a year, GoodLeaf Farms utilizes its cutting-edge vertical farming technologies that use 97 per cent less water than traditional methods.

O’Brien said the company’s stacked growing system also maximizes land use efficiency, allowing more seeds per acre and reducing the growth cycle to as few as seven days.

alice.mcfarlane@pattisonmedia.com

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