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Though some major salmon farming companies have said definitively they will not grow or sell genetically modified salmon, most have conducted a master class in hedging their bets over the years. Photo: Shutterstock

Analysis: There's no more hiding from GM salmon

The seafood industry will have to reckon with the economic promise and PR perils of genetically modified salmon.

11 March 2019 23:59 GMT Updated 12 March 2019 0:45 GMT

By Drew Cherry

The seafood and retail industries have, in general, been able to duck and dodge questions on genetically engineered salmon. With AquaBounty Technologies a little more than a concept and a few pilot projects behind it, GM salmon has for years been more of an abstract concept -- not a product to be reckoned with.

Well, the company just got a whole lot less abstract, and if investors continue to bite the way they did Friday, it will have a lot more money to grow.

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Analysis: There's no more hiding from GM salmon