Monsanto’s Biggest Fears Are Coming True
One of America’s most popular and fastest growing “fast-casual” chains, Chipotle Mexican Grill (NYSE: CMG), has decided to stop using any GMO ingredients – and it’s but the latest blow to biotech giants such as Monsanto.
The restaurant chain sent out a press release noting that all the ingredients served at its taco and burrito restaurants and its subsidiary, ShopHouse Southeast Asian Kitchen, are now non-GMO.
The move makes Chipotle the first major national restaurant chain in the US to eliminate GMOs.
GMOs are genetically modified crops that have had DNA introduced that didn’t occur naturally,
“There is a lot of debate about genetically modified foods,” Chipotle founder and co-CEO Steve Ell said. “Though many countries have already restricted or banned the use of GMO crops, it’s clear that a lot of research is still needed before we can truly understand all of the implications of widespread GMO cultivation and consumption. While that debate continues, we decided to move to non-GMO ingredients.”
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