Monsanto is playing the long game due to having over 18,000 court cases being filed over the past year. One of the first cases in California which produced a verdict against Monsanto due to the weed killer Roundup causing cancer in the plantiff of $289 million. The trial judge reduced the total amount to $78 million.
Bayer, the owner of Monsanto, filed an appeal last week to the California Appeals Court because Monsanto does not want to pay a dime. The plantiff filed a counter appeal so that he receives the entire $289 million.
This appeal is critical to the future of Bayer and Monsanto. If the appeal goes in the favor of Monsanto, then nobody will be compensated in any of the cases. If the appeal goes in favor of the plantiff, then Monsanto will have to either pay up and create a settlement package for all of the other cases or Monsanto will have to take this case to the Supreme Court. The verdict for this appeal should be done by the end of this year.