Alicia Wallace

Alicia Wallace

Alicia Wallace is a business reporter who specializes in covering the cannabis industry for The Denver Post and, formerly, for its web vertical The Cannabist. In her 15 years as a business news reporter, her coverage has spanned topics such as the economy, Sports Authority, craft beer, airlines, biotech, technology and natural foods.

Recent posts by Alicia Wallace

Feds visit Colorado to research marijuana regulation, black market, enforcement

Federal law enforcement and drug policy administrators visited Colorado this week to ask state officials about marijuana regulation, enforcement and black market activities.

‘Major milestone’: Colorado hits half a billion in cannabis tax revenue

Marijuana advocates are trumpeting a Colorado milestone: More than $500 million in revenue for the state since recreational cannabis sales started in 2014.

Monthly marijuana sales of $100 million the ‘new norm’ in Colorado

May sales hit $127.7 million; it’s the 12th consecutive month in which the state’s cannabis sales have topped $100 million

CBD research is going to the dogs in quest to help pets

Cannabist Special Report: CBD, TBD || “I’ll try whatever I can to help her.” Veterinarians at Colorado State University and beyond are spearheading clinical studies on the effectiveness of cannabidiol in treating canine ailments.

Federal ban on marijuana has created ‘regulatory vacuum’ says new study

A study by Temple University finds the “patchwork of regulatory strategies” with state medical marijuana laws is hindering full understanding of the potential benefits and harms of cannabis for medical uses. But the study authors say it could provide a chance to redefine federal oversight of research efforts.

Will weed light new fire for Nevada tourism? State agency wants to find out

Marijuana won’t be part of any official Nevada tourism campaigns in the near future, but the Silver State’s marketing gurus aren’t necessarily folding on the idea for the long-term.

In the DEA’s words: Agency stance on CBD, hemp products and the Farm Bill

In a time of vibrant debate on cannabis legalization and in the wake of a new federal rule on marijuana extracts, the Drug Enforcement Administration has stood firm on its position that marijuana and its derivatives remain illicit. The DEA has made several statements to The Cannabist in recent months…

With DEA digging in its heels on “marijuana extracts,” legality of CBD oil on trial in federal courts

Cannabist Special Report: CBD, TBD || Outcome of lawsuit pitting the hemp industry against the DEA could chart a new course for CBD — and a booming new agricultural sector.

Colorado marijuana credit union ready to try again after “historic” ruling, says Fourth Corner CEO

A Denver marijuana credit union will reapply for a master account with the Federal Reserve Bank of Kansas City, says the CEO of Fourth Corner Credit Union.

Dubious publicity: Creator of Toker Poker accessory alarmed by drug bust’s matching code name

News of a major marijuana bust sparks alarm for the Grand Junction couple who created the Toker Poker tool and has them wondering about long-term business impact.

Federal appeals court gives Colorado marijuana credit union another chance

A federal appeals court has breathed life into a plan hatched in Colorado to open a credit union for the marijuana industry. A three-judge panel for the 10th U.S. Circuit Court of Appeals on Tuesday vacated a district court ruling that nixed Denver-based Fourth Corner Credit Union’s bid to receive…

How advocates are inspiring members of Congress to champion national CBD oil legalization

Cannabist Special Report: CBD, TBD || Multiple pieces of federal legislation seek to open research the non-psychoactive cannabis compound touted for its medicinal promise.

Studies offer conflicting conclusions on marijuana legalization’s role in car crashes, fatalities

Hours after one study connected legalized recreational marijuana to an increase in car crash claims, a second study claimed legalization played a less certain role in motor vehicle fatalities.

Forbidden medicine: Caught between a doctor’s CBD advice and federal laws

Cannabist Special Report: CBD, TBD || In New York, a man on a quest to help his epileptic sister with cannabidiol from Colorado is stymied by the system.

How one three-letter word in new Colorado law will make marijuana enforcement harder

An “and” instead of an “or” in a new Colorado marijuana bill flings a monkey wrench in how the state enforces cannabis pesticide regulations.

Former marijuana enforcement officer, entrepreneur indicted in massive Colorado trafficking ring

New indictment alleges businessman Scott Pack obtained 14 marijuana licenses and played a ‘pivotal’ role in massive trafficking ring broken up in March.

Canadian firm iAnthus makes $17.3M bid for spot in New York medical marijuana industry

Toronto-based iAnthus Capital Holdings Inc. (CSE: IAN) signed a letter of intent to buy Valley Agriceuticals LLC for $17.3 million in a mostly stock transaction, iAnthus announced Monday morning. Under the terms of the agreement, iAnthus will pay $2.3 million in cash and $15 million common shares of its common stock, priced at $2 per share, for Valley Ag.

Colorado marijuana sales in April 2017 top $125 million

It’s the 11th month in a row that sales have topped $100 million. The industry has brought in close to $492 million through April, according to The Cannabist’s calculations.

Colorado toughens up on home grows, boosts funding for black market enforcement

Colorado Gov. John Hickenlooper has signed House Bills 1220 and 1221, which cap home-grow limits at 12 plants and allocate $6 million of marijuana tax revenue toward black market enforcement efforts, respectively.

Fed appeals court quashes bids to unravel Colorado marijuana laws, but door still open for RICO suits

A three-judge panel for the 10th U.S. Circuit Court of Appeals in Denver on Wednesday largely upheld lower courts’ dismissals of several cases seeking to overturn major parts of Colorado’s marijuana laws, including efforts by two neighboring states.

After years of lobbying by veterans, Colorado adds PTSD as medical marijuana condition

Post-traumatic stress disorder (PTSD) is now a qualifying condition for doctor-recommended medical marijuana in Colorado, after years of lobbying by veterans.

Report: Medical marijuana could poach more than $4B from pharma sales annually

If medical marijuana were legalized nationally for certain conditions, the pharmaceutical industry could lose more than $4 billion annually to the cannabis industry, a new study hypothesizes.

Cannabis firms in Colorado, Florida partner to provide pharma-quality medical marijuana products

Cannabis products firms Wana Brands and AltMed have inked a deal that’s one part national expansion play and another part investment in a growing trend: pharmaceutical-quality medical marijuana.

Federal bills from Colorado legislators seek to shield state marijuana laws, open banking

Colorado federal lawmakers this week amplified efforts to protect state-enacted marijuana laws and cannabis businesses.

DA marijuana working group member clarifies: DAs don’t have a stance on Cole memo

A working group for the National District Attorneys Association decreed the U.S. Constitution’s Supremacy Clause should reign supreme in a time of rapidly shifting state marijuana laws, but stopped short of stating explicitly what enforcement should look like.

Cannabis concerns? Call Denver’s new Marijuana Health & Safety hotline

Who you gonna call with your pot questions? Denver now has a 24-7 hotline for marijuana health and safety queries: 1-877-741-3777.

Colorado marijuana sales top $131M, set record in March 2017

In March 2017, licensed Colorado marijuana shops hauled in more than $131 million in sales; it’s the tenth month in a row sales have topped $100 million, and the sustained double-digit growth rate caught the attention of some analysts and economists contacted by The Cannabist.

Scotts Miracle-Gro homing in on ‘big vision’ for hydroponics as state-legal cannabis grows

Scotts Miracle-Gro CEO Jim Hagedorn underscores the firm’s “big vision” for hydroponics and its Hawthorne subsidiary as more state marijuana laws change.

Medical marijuana, hemp protections included in federal spending bill

A congressional spending bill to fund U.S. government through September includes provisions protecting industrial hemp and state medical marijuana programs.

“Father of cannabis research” calls for rescheduling CBD

If the U.S. stopped viewing CBD as an illegal substance, it would unlock the marijuana compound’s immense potential as medicine, says Raphael Mechoulam.

Update: After meeting with Sessions, Colorado gov thinks AG unlikely to crack down on marijuana

“We wanted to understand his frame of reference on both cannabis and immigration,” although cannabis dominated the conversation, Hickenlooper told The Cannabist.

New federal bill would allow banking for marijuana businesses

A federal marijuana banking bill co-sponsored by U.S. Representatives in Colorado, Washington and Alaska would allow banks to serve cannabis businesses without fear of federal penalties.

New studies shine light on cannabis consumers’ spending habits

Concentrates and edibles are grabbing more market share from traditional flower, and medical marijuana patients spend three times more than recreational users.

International org takes on creating safety and other standards for cannabis industry

ASTM International, a century-old standards organization, gave the official go-ahead to establish a standards-writing committee for the cannabis industry, officials announced Tuesday.

Colorado bill adding PTSD to medical marijuana list heads to gov’s desk

A bill to add PTSD to the list of Colorado’s medical marijuana qualifying conditions is headed to the governor’s desk.

Colorado Supreme Court sides with city on local controls for marijuana licensing

Northglenn City Council had the right to deny a medical marijuana license because the new dispensary was deemed superfluous, the Colorado Supreme Court ruled Monday.

Colorado PTSD marijuana bill advances with House amendments focused on children

A Colorado bill seeking to add post-traumatic stress disorder to the state’s list of qualifying conditions for medical marijuana has advanced to a House vote.

“The DEA has lost its moral authority”: Rep. Jared Polis pulls no punches in exclusive interview

Colorado Rep. Jared Polis talks with The Cannabist about marijuana policy, states’ rights and why AG Jeff Sessions needs to ‘get with the times.’ SEE THE FULL INTERVIEW

Denver officials scrutinizing out-of-state CBD products sold in local pot shops

Denver is clamping down on CBD products that originate outside of Colorado. A bulletin issued Wednesday by Denver Environmental Health’s Public Health Inspections Division outlines a policy prohibiting out-of-state-made cannabidiol (CBD) products intended for human consumption. “It has come to DEH’s attention that some CBD products originate from unregulated manufacturing…

While a cannabis drug discovery company waits for its “moonshot,” it develops Keurig-style coffee pods

GB Sciences Inc., formerly operating as GrowBlox Sciences, inked a deal with Kush Cups to produce and distribute a line of cannabis-infused coffees and teas in single-use pods for Keurig-style coffee machines.

Colorado cannabis sales top $126M in February 2017 amid federal uncertainty

In February 2017, licensed Colorado marijuana shops brought in nearly $126.1 million in sales; it’s the ninth month in a row sales have topped $100 million.

44 in Congress support effort to keep DOJ handcuffed in medical cannabis states

A bipartisan collection of nearly four-dozen U.S. House members want the feds to lay off enforcement in states with legalized medical marijuana.

New federal bill would reschedule marijuana as Schedule III

The latest marijuana-centric bill before Congress would place cannabis as a Schedule III substance, a classification shared by Tylenol with codeine.

Texas Rep. Beto O’Rourke introduces federal bill to curb driver’s license suspensions for drug offenses

Texas Democratic Rep. Beto O’Rourke has introduced a bill repealing a federal law encouraging states to suspend or revoke driver’s licenses of people convicted of drug offenses.

Hemp lawsuit in federal court alleges DEA overstepped on “extracts” rule

Lawyers representing the Hemp Industries Association and hemp businesses have filed an opening brief in a 9th U.S. Circuit Court of Appeals case against the Drug Enforcement Administration.

Exclusive: Here’s how Colorado Gov. John Hickenlooper really feels about marijuana

The Cannabist sits down with Colorado Gov. John Hickenlooper to talk about AG Jeff Sessions and fed enforcement, state pot clubs legislation, being the parent of a teen, and more. READ THE FULL Q&A

Bipartisan “Path to Marijuana Reform” bills introduced to decriminalize, protect, regulate cannabis industry

U.S. lawmakers on Thursday introduced a package of marijuana reform bills aimed at protecting and preserving existing state-based programs while laying framework for the federal regulation of cannabis.

Prosecuting pot: Nation’s DAs seek consensus

Q&A with two members of the National District Attorneys Association who are focused on marijuana policy, Stan Garnett of Colorado and Eric Zahnd of Missouri

Colorado Rep. Polis introduces bill to decriminalize marijuana and regulate like alcohol

A bill that would remove marijuana from the Controlled Substances Act and regulate it like alcohol will make another go in Congress.