Executive Profile: In the High Stakes World of Cannabis, Rachel Wright Is Crafting a New Financial Paradigm

3.4 min readPublished On: March 7th, 2024By

LOS ANGELES- In the rapidly evolving cannabis industry, where regulatory landscapes shift as often as the tides and economic pressures loom large, one certified public accountant is making waves by redefining the role of financial leadership. Rachel Wright, a visionary CPA with an unyielding drive for efficiency and success, is charting a new course for cannabis businesses from triage to thriving, guiding them through the murky waters of growth and stability with a no-nonsense approach that’s as refreshing as it is rare.

Rachel seen here speaking at Benzinga with Matt Shterenberg.

Wright’s methodology is straightforward yet profoundly impactful: assess, stabilize, strategize, and thrive. She steps into businesses that might be teetering on the edge of chaos or stagnation and instills a sense of direction and purpose. “Business owners need to trust their instincts,” Wright says, emphasizing the importance of intuition in business leadership.

“If something feels off, it likely is. My role is to be the harbinger of change, the anti-bullshitter in a world rife with uncertainty.”

Her disdain for inefficiency and superficiality in business practices is palpable. Wright has cultivated an image that stands starkly against the backdrop of the traditionally staid and conservative world of accounting. “I am here to make an impact,” she asserts, her determination underscored by a philosophy that prizes action, results, and a deep-seated belief in the power of teamwork and visionary leadership.

Rachel with Beard Bros, Bill Lever and Anthony Alegrete, of 40 Tons Brand.

What sets Wright and her team apart is not just their expertise in navigating the complex financial and regulatory frameworks unique to the cannabis industry but their unwavering commitment to their clients’ success. “We are focused on your business even more than you are,” Wright claims, a bold statement that she backs up by staying one step ahead of the game, anticipating needs before they arise, and driving efficiencies that keep her clients 10 steps ahead of their competition.

Her approach to client relationships is equally distinctive. Wright’s services are not for everyone; she reserves her time and expertise for those who not only recognize their needs but are also willing to embrace her unorthodox methods for exceeding those expectations. It’s a partnership model built on mutual respect, understanding, and a shared drive for success.

“My best clients are those who understand what a true professional brings to the table,” she notes, emphasizing the value of professional expertise in a burgeoning industry that often finds itself navigating uncharted waters.

Behind Wright’s success is a team of professionals equally dedicated to the mission of transforming cannabis businesses from surviving to thriving. This team is not just a group of employees but a cohesive unit that learns, grows, and takes clear direction from Wright’s leadership. Together, they embolden leadership teams, empower staff, and lead by example, demonstrating the power of a united front in the face of industry challenges.

Rates for Wright’s services are reflective of the high value she provides. She is forthright about her pricing model: her time and expertise are reserved for those ready to invest in their business’s future in a meaningful way. This stance is not about exclusivity but about ensuring a commitment to the kind of transformative change Wright is known to deliver.

Rachel Wright’s journey in the cannabis industry is more than a tale of accounting triumphs; it’s a testament to the power of visionary leadership, unwavering dedication to client success, and a relentless pursuit of efficiency and growth. As the cannabis industry continues to evolve, leaders like Wright will undoubtedly play a pivotal role in shaping its financial and operational landscapes, proving that with the right guidance, even the most embattled businesses can not only survive but truly thrive.

Editor: We thank Rachel for her time for this interview. All rights reserved ©2024 not be be reproduced without explicit permission of Highly Capitalized. To contact Rachel you can reach her at [email protected] or contact her directly through LinkedIn here.

About the Author: HCN News Team

The News Team at Highly Capitalized are some of the most experienced writers in cannabis and psychedelics business & finance. We cover capital markets, finance, branding, marketing and everything important in between. Most of all, we follow the money.

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