GoodLeaf Farms Hits Profitability Across Its Vertical Farming Operations

GoodLeaf Farms Canada flag and vertical farming facility

Photo: GoodLeaf Farms

GoodLeaf Farms has reached profitability across all three of its vertical farming locations (in Quebec, Ontario, and Alberta) for the first time, hitting a significant milestone for the company and Canada’s CEA sector. 

Andy O’Brien, president and CEO of GoodLeaf Farms, says, “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 achievement follows several years of sustained growth, with revenue increasing more than five-fold from $6.4 million in 2023 to $34 million in 2025, and up a further 31% in 2026, driven by rising consumer demand and expanded retail distribution of GoodLeaf’s Canadian-grown baby greens, microgreens, and salad blends. 

Today, the microgreens producer operates at national scale and leverages proprietary technology to grow fresh produce in Canada 365 days a year. GoodLeaf is backed by Canadian investors, including McCain Foods, Farm Credit Canada, and Power Sustainable LIOS.

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