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Patrick Jordan's avatar

This was sent to me by a reader:

From CHD article abt the GMO doof….the good news….re: Pork/soy….where’s Noah?…Time to drown these idiots…

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Lab-grown meat start-ups Eat Just and Upside Foods reportedly had valuations at over $1 billion each. And the USDA greenlit the sale of the first lab-grown meat in the U.S. market last year.

The enthusiasm that drew billions to the industry, however, has waned in the last several months.

Initial investor capital dried up, production has proven to be very expensive, touted environmental benefits were shown to be either mistaken or fraudulent, scientists have questioned its safety and companies have been unable to convince consumers to buy their products.

Industry leaders like Upside Foods reported earlier this year that it would pause its major factory expansion plans.

Even the Times pronounced the lab-grown meat “revolution” to be “dead,” and venture capital funding for food technology took a major dive in 2023.

Plant-based meat companies like Impossible Foods and Beyond Meat also faltered, with many restaurants pulling the fake meat from their menus and profits plummeting after consumer scrutiny of the ultra-processed products and disappointment with the products’ taste and affordability.

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