McCain Foods Limited has invested in TruLeaf Sustainable Agriculture and its subsidiary GoodLeaf Farms. This is Canada’s largest vertical farming business.
McCain has invested $65 million in GoodLeaf. This investment will allow GoodLeaf to expand a sustainable vertical farm network that offers locally grown food to Canadians.
"At its heart, McCain is an innovative agricultural company," says Peter Dawe, chief growth and strategy officer of McCain. "This is why we're excited to support the growth and scale up of this Canadian start up that lives at the intersection of food, agriculture and technology.”
GoodLeaf’s first commercial farm, located in Guelph, Ont., is a fully automated 45,000 sq ft facility. GoodLeaf grows five microgreens.
The farm is indoors to reduce impact of extreme weather conditions. GoodLeaf plans to open two more indoor vertical farms with the support of McCain’s investment.
“Our vertical farm technology is a true game changer for Canadian food,” says Barry Murchie, chief executive officer of GoodLeaf.
GoodLeaf’s vertical farm uses 95 per cent less water than traditional farms.