LOS ANGELES, June 13, 2017 /PRNewswire/ -- Wurk— a payroll and HR platform designed for the highly-regulated cannabis industry, is pleased to announce its selection as the first cannabis company to be named a finalist for Red Herring's Top 100 North America award. Eric Fraser, co-founder and chief operating officer at Wurk, will present at the Red Herring conference as part of the last phase of judging for the awards. His presentation will focus on Wurk's disruptive impact, proof of concept, financial performance, market footprint and quality of management.
The conference, which runs from Monday, June 12th through Wednesday, June 14th in Los Angeles, will consist of presentations from Red Herring award finalists, with the Top 100 winners announced on the evening of the last day of the event. For over two decades, Red Herring's team has seen through the tech sector's hype to select brands that have become industry benchmarks. Previous Top 100 finalists have included Alibaba, Facebook, Google, Skype, SuperCell, Spotify, Twitter, and YouTube. Wurk will be the first company to bring the cannabis industry into the forefront of the Red Herring awards.
"Selecting finalists for this year's Top 100 has proved more difficult than ever," said Alex Vieux, publisher and chairman of Red Herring. "North America has been tech's beating heart for years–but never have I seen such an exciting, disruptive and innovative generation as we have in 2017. Wurk fully deserves its place among our finalists, and I've every confidence it will make a significant impact in the tech world," added Vieux.
"Technology leaders are starting to see the cannabis industry as a legitimate opportunity, and we are excited to show the progress we've made in this regard," said Keegan Peterson, CEO and Founder of Wurk. "Ancillary businesses, like compliance in our case, will be crucial to support the cannabis industry as it matures. We're excited to see that a legacy organization like Red Herring has recognized the potential of cannabis technology."
Wurk is a Payroll and HR platform specifically designed for the highly regulated cannabis industry. Our platform automates the processes associated with hiring, managing and paying employees, greatly reducing costs for employers, and making administrative tasks easier, less error-prone and quicker for employees. The Wurk platform includes tools to manage compliance with industry-specific regulations like Federal income tax code section 280E and state-specific requirements for employee registration and badging. Wurk provides an ecosystem of industry experts specializing in 280E tax law, accounting, human resources, cannabis corporate law, and banking. Learn more www.enjoywurk.com