www.smh.com.au/business/phytotech-chief-ross-smith-exits-following-facebook-rant-controversy-20150202-134756.html

Phytotech chief Ross Smith exits following Facebook rant controversy

By Stephen Cauchi

Updated3 February 2015 — 5:12pmfirst published 2 February 2015 — 6:04pm

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The founder of Australia's first listed medical marijuana company has resigned after a series of threatening and explicit rants was allegedly posted on social media.

The departure of Ross Smith, executive director of medical marijuana company Phytotech, was announced to the Australian Securities Exchange on Monday afternoon.

Phytotech medical founder Ross Smith.

Mr Smith did not mention the social media messages, which he says were the work of hackers, in the announcement.

He stated that he was confident that Phytotech would "go on to become a huge success. I will continue to stay living in Israel while looking for the next big thing in biotechnology and technology".