Pros of GMO:

More nutritious food
Tastier food
Disease and drought resistant crops
Reduced use of pesticides
Increased food supply with reduced cost and longer shelf life
Faster growing plants and animals
Medicinal foods as vaccines or medicines
Cons of GMO:

Possibility of allergens or toxins
Unexpected genetic changes
Gene transfer to unintended plants or animals
Foods that are less nutritious
Note:

Selective breeding is a form of genetic modification
The disadvantages of GMO are minimal compared to the advantages
Humanity produces more food than required to feed the world population
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