AASZF - AquaBounty: The Worst Investment In Seafood
Last year I wrote a general introduction to the salmon farming industry. I recommended Mowi (OTCPK:MHGVY) and continue to believe in the long term fundamentals of aquaculture and Mowi’s strategy in particular. Today I would like to highlight what I believe to be the worst investment opportunity in seafood.
AquaBounty (AQB) is a 29 year old company that has yet to reach commercial production. Founded in 1991 around a gene editing platform, AquaBounty developed a genetically modified (NYSE:GM) salmon that consists of the traditionally farmed Atlantic salmon with two