Alicia Wallace

Alicia Wallace

Alicia Wallace joined The Cannabist in July 2016, covering national marijuana policy and business. In her 14 years as a business news reporter, her coverage has spanned topics such as the economy, natural foods, airlines, biotech, retail, technology, craft beer and real estate. She serves as a contributor to the Denver Post's beer industry coverage.

Recent posts by Alicia Wallace

Cannabis industry not king in Colorado economy: new report

Colorado’s marijuana industry is booming and boisterous, but the burgeoning business sector is a mere blip on the state’s broader employment and revenue picture.

Cannabis Trade Federation forms in wake of Gardner-Trump marijuana deal

“We may have entered a historic moment where Congress and the president are poised to act to align our industry with our nation’s federalist ideals.”

GW Pharmaceuticals’ CEO talks Epidiolex, future of cannabidiol medicine

“It is by far the most important product that we are developing today.”

Colorado marijuana delivery bill snuffed

Efforts to test drive cannabis delivery in Colorado stalled out in a state legislative committee. Members of the Senate Judiciary committee on Wednesday voted 3 to 2 to kill House Bill 1092, which sought to create a marijuana delivery pilot program in the state. This was the second legislative effort…

MassRoots reports net loss of $44 million in 2017

More than $22 million of those losses were the value of stock-based compensation to former employees, board members and business consultants.

Hemp Farming Act of 2018 introduced by Sen. Mitch McConnell

The bill, if successful, would end the debate that has picked apart the hemp plant.

Sen. Cory Gardner shares details of marijuana deal forged with Trump

“I’m confident, after this discussion, that we have the protections that we were looking for” Gardner said.

Sen. Cory Gardner: Trump has agreed to support state-legal marijuana protections

As part of the deal, the Republican senator agreed to lift his blockade on U.S. Department of Justice nominees.

Computers to cannabis: HP jumps into marijuana industry

The digital cash registers ringing up customers coffee shops and chic boutiques will soon stationed in marijuana dispensaries. Computer giant HP announced Wednesday it is packaging its point-of-sale ElitePOS hardware with cannabis compliance software from Flowhub, a Denver-based business that operates in eight states. The partnership addresses the growing need…

This struggling oil and gas company will soon sell you CBD-infused personal care products

This is a trend.

Colorado lawmakers again say no to cannabis clubs

Colorado lawmakers have doused the latest legislative attempt to establish licensed cannabis consumption clubs in the state. 

Colorado company’s CBD blending in at juice and smoothie bars

Colorado’s CW Hemp just inked a deal to sell their high-CBD hemp extracts at California organic-vegan food, juice and smoothie powerhouse Rawkin Juice, according to U.S. Securities and Exchange Commission filings.

Colorado cannabis company Organa Brands founder stepping down

The planned transition has been a couple of years in the making, company leaders told The Cannabist.

New Belgium’s new hemp beer is on tap now. Except in Kansas. Here’s why.

Beer aficionados and hemp advocates across the country can now toast a pint of New Belgium’s Hemperor HPA. Except in Kansas, where the craft brew — like hemp — is banned.

Cannabis-infused beer is coming to Colorado

Ceria Beverages, a Colorado firm started by the creator of Blue Moon Belgian White Ale, is developing a line of non-alcoholic, cannabis-infused craft beers.

What the world can learn from the first country to legalize marijuana

“It’s always hard to go first, but it’s not as hard to go second and third,” said the Brookings Institution’s John Hudak.

Federally legal hemp gets jolt from Republican Sen. Mitch McConnell

Colorado’s burgeoning hemp industry got a jolt Monday when Republican Mitch McConnell, the Senate’s Majority Leader, gave his full-throated support of shoring up federal laws around hemp. McConnell announced plans to introduce The Hemp Farming Act of 2018, which would remove hemp from regulation as a controlled substance and treat it…

Diversity is coming to Colorado’s marijuana industry, business leaders and social justice crusaders say

Terrell Davis delivered the keynote address at the inaugural Minority Cannabis Business Association Opportunity Summit, an event aimed at improving minority participation in the cannabis industry.

All hail The Hemperor: New Belgium Brewery launches hemp beer

New Belgium Brewery debuts The Hemperor HPA on April 2. The hemp pale ale blends hemp and hops for an earthy take on the traditional IPA and smells like, “a loud bag of weed.”

New Sessions memo pushes death penalty for big drug dealers. That could include legal marijuana business owners.

Little-known federal law makes it possible to execute people who grow more than 60,000 marijuana plants.

Senate passes spending bill with medical marijuana protections, Trump agrees to sign it

A $1.3 trillion spending bill that cleared the U.S. Congress includes language that would continue shielding states’ medical marijuana programs from U.S. Department of Justice interference.

CBD could be in the fast lane to Colorado pharmacies

A new bill would give GW Pharma a lane to sell Epidiolex in Colorado, but hemp growers worry it paves a “superhighway” to monopoly.

A Boulder entrepreneur helped to bring chai tea to the mainstream. Now, he hopes to do the same with CBD.

Natural Products Expo West, the industry’s largest trade show, served as the coming out party for CBD and brands like Weller Snacks, makers of hemp extract-enriched coconut bites.

Indiana state lawmakers use arcane rule to turn CBD legalization legislation into a gun bill

Indiana state lawmakers enacted a “strip and replace” procedure on House Bill 1214, replacing provisions to regulate the sale of low-THC, cannabidiol-rich extracts derived from hemp with language instead related to handgun regulations.

CBD debuts at world’s largest natural products trade show, heralded as “next big thing”

Cannabidiol stepped into the spotlight at Natural Products Expo West, where hemp industry experts said the U.S. CBD market could hit $1.9 billion by 2022.

Cannabis cultivation a go for giant Canadian tomato greenhouse

The facility that’s the size of about 19 football field is “conservatively” expected to produce 75,000 kilograms, or about 165,350 pounds, of cannabis annually.

Colorado cannabis firms could get publicly traded, out-of-state investors under proposed bill

A bill advancing through the Colorado legislature would open the doors for out-of-state individuals and publicly traded companies to invest or have ownership interest in state-licensed cannabis businesses.

Bill licensing marijuana “tasting rooms” introduced in Colorado legislature

“This bill will help make sure people aren’t consuming more than they should and are doing it in an environment no different than what you would see at a winery or brewery,” sponsor Rep. Jonathan Singer said.

Airport “amnesty boxes” for weed? Denver International Airport doesn’t see the need

“I think people got the message loud and clear that they were not supposed to fly with the drug,” DIA spokesman Heath Montgomery said.

Cannabis descheduling not one of pharma giant’s “core priorities”

Eli Lilly & Co. made the declaration in response to a shareholder resolution that would require the company to support cannabis descheduling

Launch of cannabis beverages in Canada could be “big business” for alcohol Goliath

Constellation Brands has their sights on developing marijuana-based beverages for sale in markets around the globe, COO Bill Newlands said.

Federal appeals court hears hemp industry lawsuit challenging DEA’s position on CBD

DEA officials say a rule on CBD is innocuous and administrative. Hemp advocates claim it’s the opening salvo in a federal offensive against the American hemp industry.

Bill creating Colorado marijuana delivery pilot program rolls forward

Colorado’s House Finance Committee advanced a bill which would establish a pilot project allowing for home delivery of medical and recreational cannabis.

Molson Coors calls legal marijuana a “risk factor” for its beer business

“Although the ultimate impact is currently unknown, the emergence of legal cannabis in certain U.S. states and Canada may result in a shift of discretionary income away from our products or a change in consumer preferences away from beer,” the company wrote in its latest 10-K filing.

Colorado marijuana sales hit $1.5 billion in 2017

Shops sold $128.3 million of medical and adult-use cannabis — flower, edibles and concentrate — during the month of December, resulting in an annual total of nearly $1.51 billion, a new yearly record for Colorado’s 4-year-old industry.

Recreational marijuana sales highest per capita in Colorado’s southern border towns

The interstate traffic, notably visitors from New Mexico and Texas, are what drive sales to Las Animas County, said Trinidad City Manager Greg Sund.

Marijuana will be “way bigger” than craft beer, Lagunitas Brewing founder tells cannabis industry leaders

“What’s important is to do things that amaze your customers, I think, even if it does sort of rub up against the rules,” Lagunitas’ Tony Magee said. “Because people chafe against the rules, just like you should.”

Cannabis industry analytics firm New Frontier Data buys Hemp Business Journal

The deal was finalized late last week, and Hemp Business Journal’s operations are being integrated into the Denver offices of the Washington, D.C.-based New Frontier Data, officials said.

Denver cannabiz-focused credit union gets OK from Federal Reserve — with conditions

The Federal Reserve Bank of Kansas City on Feb. 2 conditionally granted a master account to The Fourth Corner Credit Union.

Canadian medical marijuana firm begins sell-off of U.S. cannabis assets

The decision comes amid increasing questions around how Canadian Securities Administrators and the Toronto Stock Exchange may view public companies with operations in the United States, where marijuana is federally illegal.

MassRoots now headquartered in Denver co-working space, repaying its debt obligations, CEO tells shareholders

The firm is also eyeing a listing on the Canadian stock market and has a “renewed focus on fundamentals,” Founder and CEO Isaac Dietrich said during a shareholder update call.

California cannabis ‘logjam’ softens sales at Scotts Miracle-Gro

California counties running behind schedule in implementing cannabis programs and licensing operators coupled with the state’s recent fires and mudslides “clearly impacted our results,” Scotts CEO Jim Hagedorn said

Local Colorado officials lead new national coalition challenging Sessions’ Cole Memo moves

The A.G.’s marijuana policy shift is sowing confusion and chaos in states with cannabis laws, according to a coalition of elected officials from 11 states.

Colorado marijuana deliveries could be arriving this fall, if legislature agrees

Oregon, Nevada and California already have marijuana delivery regulations in place.

TD Ameritrade CEO notes ‘pronounced’ increase in cannabis, blockchain trading activity

“This doesn’t surprise us, given the significant media coverage on this topic,” TD Ameritrade CEO Tim Hockey said.

Denver hydroponics retail chain expands to New England, improves positioning in legal cannabis states

The acquisition of East Coast Hydroponics is expected to add $5 million in annual revenue and continues GrowGeneration’s strategy of positioning the company’s brand in legal cannabis states, officials said.

Colorado sticking with METRC for marijuana seed to sale tracking

The state has relied on Franwell’s METRC seed to sale tracking tech since 2011

Vermont Gov. Phil Scott signs marijuana legalization bill “with mixed emotions”

The Green Mountain State on Monday became the ninth U.S. state to legalize recreational marijuana and the first to do so via a legislative act.

Congressmen: Rescinding marijuana banking guidance would be ‘dangerous and imprudent’

A letter from Reps. Perlmutter and Heck in support of Obama-era marijuana banking guidance has been signed by 29 additional members of Congress