Deloitte announces 2019 Technology Fast 500™ EMEA rankings

A company from the UK tops Deloitte’s Technology Fast 500™ rankings for Europe, the Middle East, and Africa (EMEA), which was released today. The list is compiled by Deloitte’s regional Technology, Media & Telecommunications (TMT) industry group.

Overall, this year’s Technology Fast 500 list for the region features winners from 22 countries, with an average growth rate of 1,258 percent in 2019, compared to 969 percent in 2018.

Revolut is the number-one ranked company on the 2019 EMEA Technology Fast 500 list.

“When Revolut was founded in 2015, we had a vision to build a sustainable, digital alternative to traditional big banks. Our mission now is to help our customers improve their financial health, empower them to have more control, and promote financial cohesion across the communities in which we operate” says Nik Storonsky, Founder & CEO of Revolut.

“We’re delighted to top the ranking. 12 million people now use Revolut to manage and improve their finances, and our growth reinforces the point that people are looking for alternative ways to manage their money.”

Nikolaas Tahon, EMEA Fast 500 Lead Partner commented “This year’s Fast 500 list is led by organisations demonstrating unprecedented growth, reflecting the continuing evolution in technology. We are aware that the current environment is a complex one for many organisations, particularly as leaders work out their future strategy. Deloitte congratulates Revolut as well as all other winners and we’re excited to see their continued achievements in the next year.”

Eversheds Sutherland publishes The State of Cannabis Law

Eversheds Sutherland is pleased to announce the publication of its comprehensive cannabis book, The State of Cannabis Law. Authored and researched by the firm’s Cannabis Industry team and published by Wolters Kluwer, The State of Cannabis Law is a first-of-its-kind book that provides an overview of all 50 states’ marijuana and hemp laws and includes information about key ancillary issues such as intellectual property, real estate and tax implications. The book is now available for purchase at the Wolters Kluwer online bookstore.

“Our Cannabis Industry team was formed to bring cross disciplinary insights to businesses operating in this rapidly growing industry, where state, federal and international regulations are still being developed,” said Mark D. Wasserman, Co-CEO of Eversheds Sutherland. “After working with many clients in the space, our team identified a need for comprehensive guidance on state-by-state laws which will hopefully be helpful to businesses working within and across state lines.”

As developments in the cannabis industry continue to move at rapid speed, current command of a state’s specific regulation, as well as its pending legislation and overall evolution with respect to cannabis, is vital for businesses to meaningfully work in the cannabis space, whether by serving clients, starting a business or as an ancillary service provider or other role. However, material available to make prudent decisions is often piecemeal and inconsistent in identifying various issues relevant in individual states. With this innovative book, the Eversheds Sutherland Cannabis Industry team has created a desk reference that provides industry participants with a streamlined and accessible starting point to understand the cannabis landscape in any given state.

“In the last decade, cannabis has emerged as a powerful tool for health, agricultural, and sociocultural and economic change,” said Anna C. Halsey, special counsel in the Eversheds Sutherland Intellectual Property practice group who co-authored and spearheaded the project. “Currently, more than two-thirds of the states and Washington DC have legalised marijuana for medical use while 11 states and Washington DC have legalised marijuana for adult or recreational use. Still more states have various nuances associated with their cannabis regulatory regimes. Due to these important variations, we have created this book and captured them in a single resource.”

Many significant legal and economic potentialities loom on the horizon that will continue to change the cannabis industry and legal landscape. As those changes happen, this book will evolve as well with upcoming editions.

About the Cannabis Industry Team

The Eversheds Sutherland Cannabis Industry Team is an assembly of experienced attorneys from across our practice groups and offices who serve the expanding and diverse needs of the cannabis industry. We combine deep industry knowledge, a network of relationships and subject matter experience to provide clients with the advice needed to successfully launch, grow, manage and work with cannabis companies. We scan for and study with depth the rising cannabis business questions and challenges—from communications and branding to transportation and banking—and proactively work with clients to develop strategic plans that leverage opportunities and address relevant issues. Our Cannabis Industry Team brings the legal and regulatory frameworks necessary to most any business decision made in the industry.