Business Details
17 Years
experience
Expert Cannabis Accounting & Tax Services
We are a specialized accounting and financial advisory firm dedicated to serving cannabis businesses globally. Since 2009, we have provided comprehensive tax planning, accounting, and strategic consulting services tailored to the unique challenges of the cannabis industry. Our team combines deep expertise in tax law, regulatory compliance, and financial management to help clients achieve growth and sustainability. With offices in Los Angeles, New York, and Nice, France, we offer personalized support to cannabis companies navigating complex financial landscapes. Our managing director, Rachel Wright, brings over two decades of experience in taxation and serves as a thought leader in the industry.We prioritize proactive communication, technical excellence, and customized solutions to meet the evolving needs of our clients. Our services include tax resolution, financial statement preparation, internal control implementation, and advisory on entity selection and investor readiness. We are committed to maintaining the highest standards of professionalism and confidentiality while delivering results-driven financial strategies.
Services
Tax Planning
Accounting Services
Advisory Services
Tax Resolution
Financial Statements
Cannabis Compliance
Entity Selection
Cash Management
Internal Controls
Investor Readiness
Details
- Year established: 2009
Highlights and features
- Specialized expertise in cannabis industry accounting and tax compliance
- 2009-established firm with proven experience in cannabis financial services
- Personalized service from industry-recognized professionals
- Comprehensive solutions for tax planning and business growth
- Global reach with local market knowledge in key cannabis markets
Services
Tax Planning
We provide comprehensive tax planning services tailored to cannabis businesses, focusing on entity selection, intercompany transactions, and compliance with evolving tax codes. Our team helps clients optimize tax positions while maintaining compliance with federal and state regulations. Services include tax projections, strategy sessions, and analysis of tax implications for business decisions.
Accounting Services
Our accounting services cover bookkeeping, financial statement preparation, and system optimization for cannabis businesses. We specialize in cash management controls, inventory accounting, and compliance with cannabis-specific financial regulations. Our team helps implement accounting systems and internal controls to ensure accurate financial reporting and regulatory compliance.
Advisory Services
We offer strategic advisory services including cash flow analysis, profitability assessments, and technology implementation for cannabis enterprises. Our consultants help businesses improve operational efficiency, develop financial strategies, and implement internal controls to mitigate risks while supporting growth and scalability in the cannabis industry.
Tax Resolution
Our tax resolution services assist cannabis businesses with IRS and state tax compliance issues. We represent clients in audits, help resolve back tax filings, and negotiate payment plans with tax authorities. Our expertise includes handling cannabis-specific tax challenges related to deductions, entity structures, and regulatory changes affecting the industry.
Financial Statements
We prepare and analyze financial statements for cannabis businesses, offering preparation, compilation, and review services. Our financial reporting services help clients understand their financial position, support investor relations, and meet regulatory requirements. We provide advisory services to interpret financial results and develop strategic financial plans.
People
Rachel Wright
Managing Partner
Rachel Wright is a CPA with a Masters Degree in Taxation, specializing in cannabis industry financial services. She provides strategic accounting and tax advisory services to cannabis businesses globally, with expertise in regulatory compliance and financial sustainability.
Simon Menkes
Trusted Advisor
Simon Menkes is a California-licensed CPA with two decades of experience across technology, finance, and cannabis industries. He offers strategic financial guidance and has held senior accounting roles in diverse sectors, combining technical expertise with practical business solutions.
Sasha Mamula-Elkins
President of HR Firm
Sasha Mamula-Elkins brings 13 years of business consulting and seven years of HR expertise in California. She provides human resources solutions grounded in practical experience, holding multiple HR certifications and combining business strategy with psychological insights.
Andrew Gradman
Tax Attorney
Andrew Gradman specializes in tax law with expertise in cannabis taxation, M&A transactions, and estate planning. He collaborates with cannabis businesses on complex tax issues and has co-authored industry publications on cannabis tax strategies.
Rhonda (Roni) Ryckman
CPA
Roni Ryckman has two decades of accounting experience, specializing in construction and cannabis industries. She focuses on bookkeeping systems, workflow optimization, and training for small to medium businesses, combining technical expertise with practical implementation.
Questions
What cannabis-specific accounting services do you offer?
We specialize in cannabis tax compliance, 280E expense management, entity selection, cash handling controls, and investor readiness accounting tailored to the cannabis industry's unique regulatory environment.
How do you help cannabis businesses with tax planning?
We provide strategic tax planning focusing on entity structure optimization, intercompany transaction strategies, and compliance with evolving cannabis tax regulations to minimize liabilities while maintaining compliance.
Can you assist with IRS compliance for cannabis businesses?
Yes, we represent cannabis businesses in IRS audits, help resolve back tax filings, and develop compliance strategies for federal tax issues specific to the cannabis industry.
What accounting software solutions do you recommend?
We help cannabis businesses select and implement accounting software tailored to their needs, including customization and staff training for optimal financial management.
How do you support cannabis businesses preparing for investors?
We help cannabis companies achieve financial compliance, develop investor-ready financial statements, and implement internal controls to demonstrate financial health to potential investors.
Do you offer international cannabis accounting services?
Yes, with offices in Los Angeles, New York, and Nice, France, we provide global accounting solutions for cannabis businesses operating across international markets.
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