3 ms·
It's possible, but I think that is a very difficult market to compete in. I'd wager most ethically minded buyers are wealthy enough to prefer buying free range
by spywaregorilla 5y ago
It's possible, but I think that is a very difficult market to compete in. I'd wager most ethically minded buyers are wealthy enough to prefer buying free range organic chicken breast than lab grown meat, if they're purchasing meat at all. The long term play for this is almost certainly at beating factory farms on price, which has an added benefit of ethical and environmental gains.
If economies of scale exist, this is a no brainer investment opportunity. I wouldn't be concerned at all about their current price dynamics and need to earn a short term return.
- edanm 5y ago> I'd wager most ethically minded buyers are wealthy enough to prefer buying free range organic chicken breast than lab grown meat. I would easily pay more for lab grown chicken. Partly because I believe it's even more ethical, partly because I really don't trust so-called "free range organic" chicken (I already buy it when I can, but I expect the difference is minuscule).
- spywaregorilla 5y agoWould you do so if it was cheaper to purchase from a local farmshare? Because it probably would be. I think I would not.
- edanm 5y agoYes, I think so. I mean, I'm not totally clear on the ethics of raising animals in a farmshare, but I am clear that the lab-grown meat is totally fine ethically, so I'll do that. (To be clear, I eat meat now, but as far as I'm aware there's no easy way for me as a consumer to consume only meat from non-factory-farming methods.)