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Mountains of Cocaine and The Quest to Rebuild Chipotle (NASDAQ: CMG)
Is Chipotle's Reputation Really Damaged by a Cocaine Bust?

Written by Jeff Siegel
Posted July 6, 2016 at 2:49PM

So Mark Crumpacker, the Chief Marketing & Development Officer for Chipotle (NYSE: CMG) has been busted on cocaine possession. Rachel Aldrich at The Street reported on this story, writing …

Crumpacker was arraigned at Manhattan Supreme Court and released for $4,500 cash bail yesterday for his alleged involvement in a drug ring.

Involvement in a drug ring?

That makes it sounds like he was running shipments from Bogotá to the storeroom at a Manhattan Chipotle restaurant. The dude was caught buying a ton of coke. That's pretty much the extent of it, and something that's quite common on Wall Street.

Yes, it's true that with the $4.3 million Crumpacker raked in last year, he can afford Scarface-sized mountains of blow. But is that enough to cause the stock to fall?