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.
Where can I read more about this? I had thought that solar panels absorb a lot more energy than plants can, and I would think that collecting energy across a wide range of wavelengths and then using that energy to emit only specific wavelengths could give plants more useful light. But I admit I don’t know how each is optimized for different wavelengths.
Thank you for correcting me !
I kept the 30x number in mind since when I worked for a horizontal farming tech company. It is incorrect thanks to the wavelength trick.