Spain is planning to open the world's first octopus farm in 2023, with the ability to produce 3,000 tons of octopus meat annually. The farm will be operated by the Spanish company, Nueva Pescanova Group, and will be located in the Canary Islands. The company has already raised 50 octopuses on the farm and plans to increase production in the next year, investing over € 50 million. However, the move has been met with opposition from animal rights activists and marine scientists, who argue that keeping octopuses in captivity is unethical. The company argues that the farm will reduce the demand for wild octopus in the oceans.