GoodLeaf Farms secures $78 million financing from CIBC and Farm Credit Canada to fuel its commercial growth and expand its network of indoor farms in Canada
Calgary and Montreal to witness the opening of new GoodLeaf Farms in 2023, adding 200,000 sq ft of production capacity for locally grown leafy greens
With each farm capable of producing two million pounds of fresh greens annually, GoodLeaf solidifies its position as Canada's leading vertical farming company
GoodLeaf Farms to produce pesticide-free baby greens and microgreens from coast-to-coast, ensuring nutrient-dense options for Canadians
Export Development Canada joins as an equity investor, boosting strategic capabilities within GoodLeaf's ownership group alongside Power Sustainable Lios
GoodLeaf's CEO, Barry Murchie, expresses excitement in partnering with CIBC, Farm Credit Canada, and Export Development Canada to address challenges in Canada's agricultural system