McCain has branched out to vertical farming, investing an additional $24m in the leafy green food producer.

Frozen food producer McCain Foods has invested an amount reported by Entrevestor to be C$30m ($24m) in TruLeaf Sustainable Agriculture, the Canada-based owner of indoor farm operator GoodLeaf Farms.

GoodLeaf has built a 45,000-square foot facility in the province of Ontario where it uses automation technology to grow foods such as kale, radish, rocket and pea shoots.

McCain said it has now provided a total of C$65m for the company but has not revealed details of its earlier investment.

Barry…

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James Mawson

James Mawson is founder and chief executive of Global Venturing.
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