We reported a few weeks ago that McCain has now taken over the management of Halifax-based TruLeaf Sustainable Agriculture. Last spring, McCain made its second investment in Fredericton-based Resson as part of a $14 million equity funding round. McCain Foods also works with Fiddlehead Technology of Moncton and Eigen Innovations of Fredericton.
TruLeaf specializes in vertical farming, and will soon open its $16 million plant in Guelph, Ont., which will use data analytics and artificial intelligence to maximize its vegetables’ output and nutritional value. TruLeaf aims to become the North American leader in vertical farming – an ambition that will require so much capital and management expertise that it couldn’t be achieved without the help of a company like McCain Foods.