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Lab-Grown Cotton Enters The Market
(www.forbes.com)
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It probably has to do with difficulty of cultivation. Meat is a real pain to grow in the lab, the methods are already pretty complex and production is still low. At the end of the day it's adapted to be in an animal. On the other hand, cotton is just pure cellulose, which any number of organisms can produce including bacteria.
Mandatory mention that I didn't read the article.