GoodLeaf Farms says all three of its vertical farming facilities in Quebec, Ontario and Alberta have reached profitability, a milestone the company says follows a more than five-fold increase in revenue over three years.
The Canadian vertical farming operator reported revenue of $34 million in 2025, up from $6.4 million in 2023. Revenue has increased another 31 per cent in 2026, according to the company, as demand for its baby greens, microgreens and salad blends has grown and its retail distribution has expanded.
Growth and profitability
GoodLeaf, founded in 2011, operates three commercial-scale farms supplying retailers and food service partners across Canada. The company said the facilities are now profitable for the first time, marking a significant milestone for its business.
“Today marks a defining moment for GoodLeaf and for the future of Canadian agriculture,” said Andy O’Brien, President & CEO of GoodLeaf Farms. “Reaching profitability across all three of our farms demonstrates that vertical farming has a place in the future of Canada’s food system. With the right technology, operations and team in place, we’re proving that vertically farmed produce can be delivered at scale—and we’re just getting started.”
The company said its profitability reflects several years of innovation, growth and investment. GoodLeaf uses proprietary technology to grow produce year-round in Canada and operates its farms at what it describes as national scale.
The company is backed by Canadian investors including McCain Foods, Farm Credit Canada and Power Sustainable LIOS. GoodLeaf said its business model is designed to support long-term growth while maintaining its standards for quality and food safety.
National operations
GoodLeaf said it has spent the past 15 years developing a business intended to supply Canadians with fresh, locally grown produce throughout the year.
The company describes itself as Canada’s largest and only national microgreens producer and a global leader in microgreens innovation. It said its microgreens contain up to 166 times more nutrients than mature counterparts and are grown without pesticides.
The company operates farms in Quebec, Ontario and Alberta and supplies products to retailers and food service operators across the country.
“Canadians are increasingly looking for food that is fresh, nutritious and grown closer to home,” said O’Brien. “This milestone strengthens our ability to continue investing in our farms, our people and the innovation that helps make fresh, locally grown greens more accessible to Canadians across the country.”
GoodLeaf was founded in Halifax and uses multi-level vertical farming and controlled indoor growing systems. The company said its farms can produce greens year-round and that its technology and intellectual property underpin its three commercial-scale operations in Canada.
The company said the profitability of all three facilities positions it to continue investing in its farms, employees and technology as it expands its operations.
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