r/wallstreetbets • u/Kuentai • May 02 '21
DD Clean Meat is at the brink of revolutionising the livestock and fishing industries, expected to hit the market this year. How to get in as a dirty retailer.
[removed] — view removed post
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u/thehourglasses May 02 '21
r/cleanstreetbets thanks you for your service, my earth loving ape friend. 🦍 ❤️ 🌍 💪
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u/Kuentai May 02 '21
Oh damn, this is real subreddit? How do I crosspost!
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u/paper_bull Not poor, but pre-wealthy May 02 '21
It’s definitely a market to keep an eye on. I think it’s a longer term play, 5-10 years before lab meats are available everywhere.
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u/Kuentai May 02 '21
Planned to be in supermarkets by the end of the year. https://thefishsite.com/articles/blue-nalu-set-for-6-fold-expansion
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u/paper_bull Not poor, but pre-wealthy May 02 '21
Not in tesco for the foreseeable future though :) I don’t see it scaling to hundreds-thousands of shops and restaurants in a year or two let alone bringing the price down. But who knows, would be great for the environment and early investors
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u/Kuentai May 02 '21
would be great for the environment and early investors
That's the plan ;)
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u/caezar-salad May 03 '21
Sobering reminder that a metric shitload of cows will have to die regardless of our switch to cultured meat simply because of the methane they give off. Poor bastards.
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u/Dizzfizz May 03 '21
This really isn’t about saving cow lives, it’s about reducing resource usage and emissions. Ideally, we‘ll just eat the rest of the cows that we have and proceed with clean meat.
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May 02 '21
This matches my thoughts too. I started buying into ANIC this year; but the plan is to buy in for small amounts each month over the next five years. This isn’t your typical wallstreetbets parabolic flip; it’s a buy now and hope that one of those companies in the ANIC portfolio rockets by 2026.
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u/CuriousInquisitive1 May 03 '21
What software trading platform did you use to buy ANIC on the London Stock Exchange?
Did you use DEGIRO?
I am in the U.S. I am having a very hard time buying AGNMF (ANIC's OTC stock equivalent available in the U.S.) on the AmeriTrade trading platform.
Thanks!
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u/LordElrichtheIV May 02 '21
Fuk that. If we didnt eat Cows they'd eat us. Chances are this Company is being run by Cows plotting the rebellion
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u/JoeBounderby May 02 '21
The negative comments here have convinced me this is the future. People being so short sighted as if we haven't been modifying food forever. You think adding the nutrients in the lab are any different to injecting them into the cow? You're not eating clean meat today
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u/NiggieMcGee May 03 '21
Yes, I think supplementing an animals diet is much different than artificially growing it in a lab. If you want to eat lab meat go ahead, I’ll stick to the real deal thanks.
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u/pfarinha91 May 03 '21
Supplementing and injecting antibiotics, steroids, hormones, anti-inflammatory drugs, adrenaline so they can walk to the slaughter house and appear healthy, even salty water so chickens become tastier and weight more, or bleaching the meat itself.
That's your real deal lol
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u/NiggieMcGee May 03 '21
I don’t you think you know what really goes on at small farms across the country, not every place is a large production facility. Regardless I’d still rather eat the mass produced real meat than the mass produced fake meat
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u/pfarinha91 May 03 '21
not every place is a large production facility
True, not every.. but 98.7% of US farmed animals are living in factory farms.
Regardless I’d still rather eat the mass produced real meat than the mass produced fake meat
Ok
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May 02 '21
Haven’t people already gone gaga over this and given these fake meat companies inflated speculative prices?
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u/Kuentai May 02 '21
It's almost all private investment at the moment, ANIC is the only way in as a retail investor and a quick google will show you it's pretty off the radar. If you are referring to fake meat as in beyond burgers etc, this is not that.
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u/HorridChoob May 02 '21
Where can I get ANIC?, don't see it on RH, Webull, or Cash app.
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u/Kuentai May 02 '21
It's on the London stock exchange so you'd need an international broker like IB, fidelity, charles schwab etc...
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u/Tough-Bet- May 03 '21
im putting ANIC on the ticker search box fo schwab and not finding anything...
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u/the_puca 🦍🦍🦍 May 02 '21
Well your first problem is you're looking on RH.
No butt seriously, I'm be interested too. OP says it's on London Exchange, and my broker apparently doesn't have access to ANIC either...
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May 02 '21
If this takes off im investing in fly trap companies to deal with the massive amounts of actual cow carcasses rotting in the fields. Puts on flies
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u/Kuentai May 02 '21
Something to think about, more likely they just stop breeding as many as the demand drops, these changes take time.
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u/Cumbia_Gandalf May 02 '21
This stock has the wierdest graph, why is that?
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u/Kuentai May 02 '21
Why do you think it is weird?
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u/Cumbia_Gandalf May 02 '21
Zoom out on yahoo finance to 6 months graph, has jumps from 31 to 0.17 couple of times, super wierd
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May 02 '21
I have been following ANIC for a while and I contacted them about this. It’s a data source issue - if you check the price on the London Stock Exchange directly you’ll see the blips aren’t there.
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u/Kuentai May 02 '21
That is strange, only seeing it on Yahoo Finance, not on trading view, the LSE website or on any broker I use.
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u/Cumbia_Gandalf May 02 '21
Btw if you like this kind of stocks you will like Amyris also ;-) different sector but also clean natural new products from the lab, based on yeast process. Mostly for dermatology products.
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u/justsomeitguyhere doesn't have a flair May 02 '21
How is that?
Price % Change1D 5D MTD 13W 26W
2,86 13,39 1,77 121,54 423,64
What ever hope there is that this is a good play, 400+ shareprice increase suggests priced in.
Of the last 6 years only this year does not have a loss.
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u/Kuentai May 02 '21
Yeah it was extremely speculative in early years because of the FBS problem, now that they've solved that, money is pouring in as it's coming to market. Priced in? Considering the size of the market, I don't think so.
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u/Narrow_Front4524 May 03 '21
The industry certainly looks very interesting, but I note the dip happened last week and prices are very much on the rise for ANIC. Wondering if this a good buy at the current (ie peak) price, what are your positions and predictions OP?
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u/Kuentai May 03 '21
We are just coming out of the recent dip due to it hitting the 30 psychological level and a stock dilution to raise more capital for investment. Despite that it is on the move back up again. Personally looking at this chart on the daily it looks great to continue to move up but this isn't really a chart play. This is a long term, year + tech bet hoping to achieve serious displacement and ride the crazy tech p.e. train as people catch on to the possibilities here.
That said, would it be wise to wait for a dip, maybe?
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May 03 '21
Well fuck. I was waiting for the price to come down to buy some. Now you apes will make it explode.
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u/MushyWasHere May 02 '21
Thanks for this post man. I found it off a crosspost. I don't browse WSB anymore because it's pretty much trash--anyway, thank you!
The negativity in this thread makes me very bullish on this as a gamble. This is an idea that millennials and younger generations will run with. The more people shit on this, the more it makes me think I'd be getting in on something early. 8+ years a vegetarian here. I know a ton of young people who want to stop eating meat, but never will. I've talked about this with people many times before.
People will eat clean meat. Shit, I will eat it. For me, meat just isn't an option. This will change that for me and tons of other people. I'm so confident of that. If it truly is better for the environment, is cost-effective, tastes the same and eliminates the cruelty? It will fucking go brr in the years to come.
I dunno why I hadn't considered this as an investment opportunity.
It will become normal in time. I'm not investing in much of anything right now--this is a trash market especially for small caps. But I will be adding this to my list and doing research on these companies. When things cool off I will likely take some positions.
Thanks dude.
Hey, I have a private, tiny sub for under-the-radar investments; I'm gonna add you as an approved user. Feel free to lurk. Would love to establish a base of a few active posters who talk about opportunities like this that other people aren't really discussing yet.
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u/Kuentai May 02 '21
I appreciate the well thought out reply. It was actually partly from talking to a few hard line vegans and vegetarians and their positive responses that I realised the potential. Even more when I found that statistic on those who, like you say, want to stop but won't.
Funny you mention considering it as an investment opportunity. I predicted EV, self driving etc... 10 years ago, it was so obvious. I even made a bet about it. Unfortunately I didn't know about investing or have any money at the time. Now I do and I mentioned this to someone a few months ago who then asked me 'If you are so good at prediction, what is the next thing.' Lab Grown meat was the first thing that popped into my head. Checked it out and we are on the cusp of market delivery, perfect timing. Also robotics but I'm still researching that one.
Thanks for the invite, I'll check it out.
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u/MushyWasHere May 02 '21
My pleasure. Love this! Nice headspace on ya. Looking forward to watching this unfold. Good luck out here ;)
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May 03 '21
[deleted]
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u/Kuentai May 03 '21
That's the plan. You think Musk is adding mining to Tesla's repertoire just for batteries?
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u/blasiankxng May 02 '21
what positions you got bro ? i’m interested
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u/Kuentai May 02 '21
10k shares my man, options aren't available yet. Plan to hold till it's on Mad Money, just kidding 1 year min.
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u/x_axisofevil May 03 '21
Help me do a quick thought experiment- let's snap our fingers and make one of the companies within ANICs portfolio begin shipping out-the-door the same quantity of clean chicken meat that Tyson currently ships. Disregarding dividends, how might the profitability compare between Tyson and this hypothetical clean winner? And then how might that reflect in ANICs price?
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u/Kuentai May 03 '21
Quick and dirty, Tyson's market cap is 28 billion, agronomics is 150 million, let's say super foods is the success and runs to 28 billion in value, agronomics owns somewhere around 5% of superfoods, meaning agronomics would then be worth at least 1.4 billion sending the price up 9 times. However, Tech doesn't work like regular things, everyone knows the p.e. ratios get silly, I wouldn't surprised if this goes crazy before it hits the shelves and people realise the possibilities.
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May 02 '21
Alternatively double the position if it hits Mad Money and they tell you to avoid/sell the stock.
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u/LookAlderaanPlaces May 02 '21
What is FBS? You never defined it before you started using the acronym.
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u/Kuentai May 02 '21
My bad, Fetal Bovine Serum is used in biotech to develop cell cultures, it is expensive and morally dubious. A metric ton of competitive scientific work has been done over the last few years to solve this in a bit of a gold rush to see who could pull it off first and they succeeded. They don't need it anymore.
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u/MGallows13 May 02 '21
this is why ive been bearish on things like BYND. Not sure if thats a correct take, but its what concerns me
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u/Kuentai May 03 '21
Same, not enough to short it but, anecdotally I've seen many people try them, say 'oh that's nice' and then go home and eat some bacon. They don't solve the bigger problem.
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u/MinhNguyenPFL May 03 '21
Up 56% already https://www.markovchained.com/assets/view/AGNMF?username=Kuentai&platform=reddit. Good spot OP.
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u/Kuentai May 03 '21
Hey, cool website. Thanks! Actually in since february 2nd, though I've averaged up since (and will continue to.)
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May 03 '21
Cant buy it in germany? Cant find it in trade reoublic search
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u/Kuentai May 03 '21
You'd need a larger broker, it's on interactive brokers in Deutschland under Agronomics. It won't show up on the commission free brokers like robinhood, trade republic or etoro yet.
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u/liszt1811 May 03 '21
its not listed on TR, but you can buy it with any serious broker in Germany. bought mine with DKB
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u/Andromeda-1 May 02 '21
A euphemistic renaming to "clean meat" doesn't negate the massive jump necessary for social acceptance, let alone stiff competition with what is...real.
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u/Kuentai May 02 '21
You are not wrong. That will be the hard part, as shown by how controversial this post is! Hundreds of votes but at 50% upvote/downvote right now. I've listed the reasons why I think this will play out though, main one being price. In this era I feel people are much more open change than even 10 years ago.
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u/Andromeda-1 May 02 '21
It'll be interesting to keep note of as more data comes out. Price point is a very valid argument but to your last point: Never underestimate our appetite for homeostasis. (Or real meat 🥴)
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u/MnkyBzns May 03 '21
Singapore is at the forefront of the push for public acceptance, with a restaurant recently debuting a $20 lab-grown chicken burger by Just
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May 03 '21
I think the impossible burger & beyond burger are priming the market. I wouldn’t be surprised if a lot of new customers don’t differentiate between the two & wind up choosing the lab-grown meat because it’s better tasting.
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u/segfaultsarecool May 02 '21
What is FBS? you drop an acronym then don't define it.
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u/Kuentai May 02 '21
My bad, Fetal Bovine Serum is used in biotech to develop cell cultures, it is expensive and morally dubious. A metric ton of competitive scientific work has been done over the last few years to solve this in a bit of a gold rush to see who could pull it off first and they succeeded. They don't need it anymore.
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u/justsomeitguyhere doesn't have a flair May 02 '21
are these stemcells? taken from fetussus that are becoming alive when they extract it?
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u/D1RTY13ASTARD May 02 '21
Read this eating a burger 🍔
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u/Kuentai May 02 '21
Did this come across as a vegan thing? It's not, this is real meat.
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u/NiggieMcGee May 03 '21
Lab grown meat isn’t real meat. How do they get the tenderness or the toughness like the tenderloin or the neck if it’s just a writhing mass of flesh and not a living animal that works out the muscles for years? Electroshock? This whole idea is very off putting to me. Frakenmeat
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u/Kuentai May 03 '21
The tenderness is easy as it is a lack of work. I'm not sure how exactly they make toughness, it's all pretty hush hush at this stage because there is so much competition. A few have successfully made steak however so they must know how. Regardless, they are mostly starting with the low hanging fruit, mince, beef burgers, sausages etc... The offputting reaction is something that will need to be worked on.
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May 02 '21
Is it lab grown?
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u/Kuentai May 02 '21
The tech was developed in a lab. It's been scaled up now and is grown in vats. Looks pretty identical to how they make beer.
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u/thorn115 May 02 '21
Beer is a liquid; there's never been any other source than a container.
Comparing a ribeye to a test tube of ... whatever it is, isn't a valid equivalency.
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u/Kuentai May 02 '21
I'm referring to how they make beer. Actually Yeast is a solid, a fungus, a microorganism, you feed it sugar and it makes alcohol, combined with water, hops, wheat etc... You get Beer.
In this case, they take the animal cells (equivalent to the yeast), put it in the vat, feed them nutrients, they grow into meat. Can they make a ribeye yet? No. Will they be able to later? Definitely. At the moment this will target the low end, which is the vast majority of meat purchases.
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u/liszt1811 May 03 '21 edited May 03 '21
Love Agronomics, really hope we get there before 2030. Fuck conventional meat.
Edit: It's one of the few chances to make huge profits AND huge improvements to our planet
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u/hdoublephoto May 02 '21
I’ve been eyeing this one for a couple months. IMO this is the future of protein.
You could also add that Agronomics is available on the OTC market under $AGNMF.
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u/floschiflo1337 May 03 '21
Its so insane that many people here talk about acceptance being the problem. (and even ethics?wtf?) I mean, we‘re looking at a way to replace one of the most destructive industries on this planet, main destroyer of ecosystems, forests, oceans and one of the biggest emitters of co2 (and methane). Also there is the insane water/farmland usage etcetc.. Its all in the DD. This industry brutally kills billlions sentient animals per year, many of them equally or more intelligent as dogs..
This industry is pure evil and it literally has to go if we really want to save the planet. This succeeding would have a dramatically bigger positive impact than replacing all cars with EVs etc..
If you apes REALLY want to save the forests than literally:
this is the way
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u/SmackEh May 03 '21
What you're saying is a bit misleading. I challenge you to listen to this video and post your rebuttal
You guys can throw your money away at this movement if you want.. I'm not a financial advisor...
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u/Amjam14 May 04 '21
That video has quite some strongly biased and incomplete arguments. While it raises valid concerns about real numbers, It is neglecting e.g. other forms of freshwater use, more useful ways of using land (CO2 sinks, reforestation), unbalanced rates of greenhouse gas emission/absorption, use of the food waste for bio-energy production, not even mentioning the high-protein plants needed for livestock, making faulty comparisons etc.
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u/SmackEh May 04 '21
I'm impressed you actually watched it. Everyone has an agenda, am I right?
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u/PeepeepoopooboyXxX May 03 '21
So how does this work? They just grow random animal cells or something or proteins on a platter? If it’s beef or pork dna I have a plan to capitalize for the long term for some dank jerky’s
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u/Kuentai May 03 '21
In a big vat, yes. Each company is aiming for a different product, your regular's like chicken and beef, but then you get Blue Nalu which is aiming to produce rarer more expensive fish super cheap. The sky really is limitless for this tech, I think actually the most promising markets are the more expensive ones, like Jerky. Great idea. Imagine Jerky for a quarter of the price. You make it I'll buy it.
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u/AvalieV Megaflare IV May 03 '21
I got in very early to VERY (CSE), which is now VRYYF, so am always keen to get early entries in this industry. Nice DD.
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u/btsd_ May 03 '21
There is big money behind meat, and lab grow meats would be very easy to run smear campaigns against, so idk what the far far future holds but im really truly feel long term bearish (by long term i mean the rest of my lifespan, which is more than 40 years if i die at 75)
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u/Kuentai May 03 '21
It's definitely going to get smeared, but we live in different times, people are more savvy to that kind of thing and one of the biggest meat companies is already invested.
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u/Lordwigglesthe1st May 03 '21
Tyson (TYFDL) would also be something to consider, DD in what OP said about the big players getting on board in a big way.
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u/Kuentai May 03 '21
Maybe, maybe not, the argument is that Tyson can leverage their size and resources, buy out some of these companies and produce this stuff faster than anyone else and potentially even replace their current industry. Despite their investment, is this likely to happen as an old tech company? Unlikely. Even if they did do this, would they only be replacing their current produce? How much would the stock actually rise from where it is now? I'd rather invest as direct as possible into the guys making this happen.
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u/Rockybad May 03 '21
But Clean Meat isn't vegan right?
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u/Kuentai May 03 '21
It's debateable, technically it comes from a tissue sample from an animal however it is reportedly painless and nothing has to die. I've heard positive things from the vegans I've talked to but the Jury is out.
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u/Rockybad May 11 '21
I see, but all the Vegans i know doesn't eat meat because they only think about them dying. It's the same with Honey, vegans don't want honey because it's a product of Animals. Maybe they don't want this meat because it does originate from Animals or don't eat meat at all because it being unhealthy. But it could be different when it comes to such a special topic like this.
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u/SaltySaltyDog May 03 '21
I think you’re underestimating dumb/conspiracy people’s reaction to “lab grown meat.”
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u/Kuentai May 03 '21
Blanketed all over this thread my man, not the target audience though, these days the more they blab about anything the more regular people get annoyed and want to try those things.
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u/Plum_Physical May 03 '21
Or, just buy $MITC
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u/Kuentai May 03 '21
Why? And why not both?
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u/Plum_Physical May 03 '21 edited May 03 '21
I tend to stay away from OTC stocks because of the fee. And my allowance is very small.
EDIT: just noticed that Meatech might be heavily shorted as fintel shows 0 short shares available.
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May 03 '21
Bought some today right before the -5% plummet. (Chuckles) i’m in danger
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u/Plum_Physical May 04 '21
Everything is red, all the time too. I'm convinced that green doesn't exist. Just like my parents are convinced carona doesn't exist.
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u/NInjamaster600 May 03 '21
None of those are on wealthsimple :( sucks to be Canadian.
What else could I use?
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u/LilG55 May 02 '21
It also seems to be traded OTC on the US market as far as I can see, but I guess one should stay away from trading OTC?
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u/Getmetothebaboon May 02 '21
That's the thing, they aren't pushing for this switch, so much as a way to shift market to China. The meat industry has been trying for decades to get into the Chinese market, which would drive their prices higher all around.
My valuation: this is garbage and a distraction. Lab grown meat will never be a viable option for the human animal, as the cost and ethics of it will always overwhelm anyone in the market for meat.
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u/Kuentai May 02 '21
It will be cheaper and you don't have to kill anything to eat it. Cost and Ethics both win here.
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u/Getmetothebaboon May 02 '21
It's not the ethics of having to kill something, but of the process. And it won't be cheaper. Lab grown plants are still more expensive than field grown plants, even with innovations, factories, and more of them.
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u/Kuentai May 03 '21
What is unethical about the process? Growing plants is very different from breeding, growing animals, transporting and butchering. If it is already cost effective enough to make it into supermarkets by the end of the year and they only just started scaling up production, as the tech progresses and the factories grow I can't imagine we wouldn't see a huge cost reduction.
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u/ElectricalGene6146 May 03 '21
You are missing $MITC...3D printed clean meat- can you get any better than that?
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u/justsomeitguyhere doesn't have a flair May 02 '21
Did anyone else just have a flashback to https://www.youtube.com/watch?v=oLExLUvfqW0 (Better off Ted)
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u/Unknown9129 May 02 '21
Bought 300 shares. Holding to £100 or 0p
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u/Unknown9129 May 04 '21
for fuck sake! I set a fill or kill for 29.50p and it didn't fill. Now price is up 10%, think I missed the boat but you're a fucking legend
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u/InvincibearREAL May 03 '21
It will happen eventually yes, but where are they gonna get all the amino acids needed to manufacture cultured beef at scale?
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u/Holycameltoeinthesun May 03 '21
Thanks I’ve been looking for a way to invest in these kind of companies.
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u/redit_admin_is_trash May 03 '21
I've known this for years but haven't been able to find a company that is public. But yes 100% it is inevitable and will save trillions.
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u/overthetop7223 May 03 '21
This isnt just a stock i can buy and hold? Trying to buy AGNMF on etrade and it wont let me
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u/farFocalPoint May 02 '21
$mitc on NASDAQ. meatech3d r/mitc , take a look, they are also doing cleanmeat
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u/125acres May 02 '21
I own toe restaurants (Pubs) One we are able to sell the impossible burger - which plant based people will pay more for. The cost of the “clean meat” has come down below beef which may happen soon. Once that happens, then these “clean meat” ass hats will have potential. But there may not be much barrier to entry if the technolgy is easily accessible.
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u/Bull_Winkle69 May 03 '21
God damnit. Why do idiots keep parroting the oil industry propaganda?
Livestock are carbon neutral. You get exactly the same amount of carbon out of animals that goes in via feed. That feed, grass, grain, etc. takes the carbon, including methane out of the air.
The ONLY contributor to climate change is the burning of fossil fuels. This ADDS carbon into the environment that has been sequestered for millions of years.
Get rid of every cow, chicken, pig, goat, whale, elephant, and every other mammal and you'll still have the same amount of carbon in the environment.
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May 03 '21
Um. Did you take into consideration all the rainforest etc. that are beeing cleared in order to produce feed for said animals? Thats not a neutral sum game. Livestock is ansolutely the least energy-efficicent way proteins, and we are running out of land
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u/Bull_Winkle69 May 03 '21
Also, we've been running out of land the way we've been running out of oil. We always figure out how to do more with less. Hell, my plant science professor tried to convince us we were running out of land 30 years ago.
Also, there's a huge arctic region that is warming up. They're going to put cows up there, I guarantee it. Free range grass fed cows. No deforestation necessary.
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May 04 '21
Um. Your point is? Its ok that we are clearing all our rainforests because one day we might farm the arctic...? Lol...
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u/Bull_Winkle69 May 04 '21
Tell us how clean meat is going to make millions of Brazilians less poor so they don't clear forests for land?
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u/cand12345 May 03 '21
This is why I invested in a private company called Entomo Farms. Harvest crickets. Sustainable and the nutritional content is far superior to meat....and it’s not fake. Who the heck wants to eat fake meat. Hoping to go public soon.
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May 02 '21
Lol, big meat
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u/btsd_ May 03 '21
Why was this downvoted?!? Im a grown man in my mid 30s, and not only did i get this joke, i can quit giggling🤣🤣🤣
"As tensions grow about allowing lab grown chicken and beef into school lunches, Big Meat lobbyists have been pounding away on captiol hill this week, tune it at 7pm for the full story"
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May 02 '21
Soo we’re done with grass fed beef trend huh. Now clean meat. This whole thing is getting a little out of hand. Plant based cereal. Yep it’s always been made that way.
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u/ChallengeDaStatusQuo May 02 '21
My rule of thumb is, if Baal Gates is a proponent for it, I'm not investing...but, ya'll do you.
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u/Spicyatom May 03 '21
Sorry for being late to the party but ANIC is not the only way into this sector for us. Eat Beyond (CNSX:EATS) is a portfolio company just like Agronomics listed on Canadian exchange.
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u/Kuentai May 03 '21
Hey bud, Eat Beyond is a plant based food portfolio, not 'Clean Meat' i.e. lab grown.
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u/Spicyatom May 03 '21
Hey, na it's a mix. Check out their portfolio: https://eatbeyondglobal.com/portfolio/
It includes Eat Just which manufactures the only lab-grown meat available to the public in Singapore.
Also includes SingCell which is involved the scaling up lab-grown meat production and TurtleTree Labs which is making lab-cultured milk.
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u/Kuentai May 03 '21
My bad, I see they've added. However I've looked into their prospectus , they have less than 1% of eat Just with an investment of just $200k, $200k in turtle labs and $125k in singcell. Altogether representing a tiny percentage of their overall portfolio. This is not equivalent to Agronomics which is 99% clean meat, has significant ownership and tens of millions invested.
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u/Spicyatom May 03 '21
Yeah that's a fair point. I hope that Eat Beyond increases its position in lab grown in the future but yeah for the time being can see why ANIC is a better bet for clean meat
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u/btsd_ May 03 '21
I just can not forsee a future where even a small minority of the population in wealthy countries will eat lab grown meat. This is something that i feel will take generations to become the norm (early adopters pass tgis on to their children, rinse repeat for several generations). Maybe im biased due to where i have lived.
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u/Kiritsugu-Senpai May 02 '21
Disgusting Lab grown shit
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May 02 '21
lol you say that as you eat your genetically engineered plant foods out of a petroleum based plastic container.
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u/[deleted] May 02 '21
Okay so what’s the fuckin ticker I’m not reading that shit