Roby Zomer is one of these founders, and he has now been promoted to chief executive officer.
Zomer has a proven track record of international success within the biotech and agritech sectors.
Key tasks for Zomer will include being responsible for global operations.
The company recently signed a binding Memorandum of Understanding with the Royal Melbourne Institute of Technology.
The agreement is to collaborate on a research initiative to determine and develop the ideal strains of medicinal cannabis in Australia for the treatment of many diseases and conditions.