Apothio Initial Litigation

Apothio Initial Litigation

First Tokenized Litigation Funding For One Of The Largest US Crop Destructions

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Financial Services
Min Investment
Peru, IN
Offering Date
October 26, 2021
Expected Close Date
January 01, 2022
Target Raise
No. Investors

Company Description

Apothio, LLC, an Indiana limited liability company, is an agricultural research institution that researches and commercializes hemp. The company was incorporated in 2016. Apothio's focus is on proprietary genetics, the efficacy of whole plant CBD oil, developing proprietary formulations to specific clinical outcomes, and industrial-scale hemp production. It collaborates with patients across the country to develop the most unique and customized plant-based formulations on the market.

Key Deal Facts

This case arises out of one of the largest alleged wholesale destruction of crops by a state official in the history of the United States.
In October 2019, Apothio anticipated harvesting and extracting the byproducts from approximately 17 million plants cultivated on more than 450 acres for research and commercial purposes.
In October 25, 2019, Kern County Sheriff’s Office (“KSCO”) and California’s Department of Fish and Wildlife destroyed roughly 450 acres of Apothio’s plants, estimated to be worth between $500M and $1B at the time, without prior warning, justification, or opportunity for Apothio to be heard.

Management Team / Advisory Board Bios

Roche Freedman LLP
Founded in 2019, Roche Freedman LLP is a national law firm comprised of innovative and tech-savvy attorneys with stellar credentials. With experience from some of the most prestigious litigation firms in the country, RF’s legal team has a successful and decades-long track record of consistently achieving outstanding results in high-stakes and notable disputes on behalf of sophisticated clients.

RF’s legal team has extensive experience litigating complex commercial, securities, antitrust, class action and derivative matters on behalf of both plaintiffs and defendants in a broad range of industries. RF couples a unique brand of creative thinking and technical expertise with well-balanced aggressive advocacy to achieve impressive results in complex, high-value, and class action matters.
Amount Raised : $172,088
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