cross-posted from: https://piefed.ca/c/buycanadian@lemmy.ca/p/902428/after-15-years-goodleaf-proves-theres-profit-in-vertical-farming-betakit

Guelph, Ontario-based GoodLeaf Farms has become profitable across its vertical farming operations for the first time.

The context: GoodLeaf, which was founded in 2011 in Halifax, has spent over a decade developing recipes and proprietary tech that helps the firm maximize the yield and quality of its produce by monitoring and controlling light, air, and water delivery to its plants. The company, which counts McCain Foods, Farm Credit Canada, and Power Sustainable Lios among its backers, attributes its success to “years of innovation, disciplined growth, and strategic investment.” It also comes on the back of fivefold revenue growth over the past three years, as GoodLeaf’s total sales soared from $6.4 million in 2023 to $34 million in 2025. GoodLeaf said its revenue is up another 31 percent this year, thanks to rising consumer demand and expanded retail distribution.

  • Sadbutdru@sopuli.xyz
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    5 days ago

    I don’t know all the details of vertical farming, but there is more to it than energy efficiency. The controlled environment is supposed to remove the need for pesticides, bring fertiliser use right down to the minimum possible, and then there’s the efficiency in logistics of growing food closer to point of consumption, especially when temperature/humidity/ light control lets you grow exotic stuff locally year round.

    Whether it is worth it overall is unclear. Probably the answer is “sometimes, it depends on the situation”.

      • Tiresia@slrpnk.net
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        5 days ago

        That’s what greenhouses are for. Deserts aren’t exactly short on space, so you can drop all the extremely difficult and expensive vertical farm infrastructure and just build horizontal.

        Greenhouses can be just as environmentally controlled as vertical farms for a fraction of the cost.

        • HobbitFoot @thelemmy.club
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          4 days ago

          I figure it only makes sense in near Arctic communities where shipping costs don’t make it easy to have a supply chain of fresh vegetables and the heating costs are likely going to overwhelm the cost differential of a greenhouse.

      • The D Quuuuuill@slrpnk.net
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        5 days ago

        one adjustment to this, it’s actually usaully more useful in urban food deserts rather than desert deserts, the idea being that the energy waste expended by growing crops in a tall building that would have done better in direct sunlight low to the ground is offset by reduced transport costs where most of the environmental harm of factory farming is done

    • Vertical farming is mostly used for leafy greens and shoots. For the energy dense staple foods that people get most of their calories from, it doesn’t work well. They need a lot more time to mature, what means a lot more energy needs to be invested and it immediately becomes unprofitable.