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

Sen. Cory Gardner to co-sponsor federal bill to let canna-businesses take tax deductions

“Our current tax code puts thousands of legal marijuana businesses throughout Colorado at a disadvantage by treating them differently than other businesses,” said Gardner

MassRoots quarterly revenue tanks

The company will need to raise at least $2.5 million by year’s end to continue to fund operations, officials disclosed in a regulatory filing made Tuesday with the SEC.

Colorado marijuana shops maintain $136M pace for third straight month

Colorado marijuana shops sold a little more than $136.6 million in flower, edibles, concentrates and accessories for September 2017, according to The Cannabist’s calculations on state tax statistics.

DEA finalizes quota of government-grown marijuana for 2018 research: 978 pounds

The U.S. Drug Enforcement Administration this week will formalize its production quotas of drugs and substances utilized for medical, scientific and research purposes.

“A significant event”: CBD-based pharma drug Epidiolex presented to FDA for approval

GW Pharmaceuticals, a.k.a. Greenwich Biosciences, has submitted to the FDA a New Drug Application for Epidiolex, a cannabis-based epilepsy drug with CBD.

Colorado budget proposal calls for new task force to target illegal marijuana ops

Colorado aims to establish a state law enforcement unit dedicated to investigating and, ideally, eradicating illegal marijuana grow operations that have cropped up throughout the state.

FDA sends warning letters to CBD companies, including Colorado’s CW Hemp

Four firms that make CBD products, including CW Hemp, known for “Charlotte’s Web,” were warned by the FDA for illegally making unsubstantiated health claims.

Alcohol Goliath pours $190M into Canadian cannabis company

The terms of the deal include an option for Constellation, owner of brands including Corona and Svedka, to increase its future ownership interest in Canopy Growth Corp. to nearly 20 percent, officials told The Cannabist

Latest Gallup poll: Americans favor marijuana legalization more than ever

Americans’ support for marijuana legalization has reached a new high, the latest Gallup poll shows, with 64 percent of adult respondents agreeing it should be legal.

Nevada marijuana sales eclipse $33 million for August 2017

Nevada marijuana shops sold more than $33 million in recreational cannabis products in August 2017, the state’s second month of adult-use sales, according to The Cannabist’s calculations on tax data provided by a state official during a visit to Colorado last week.

MassRoots shake-up: In wake of abrupt CEO switch, deal to acquire CannaRegs gets nixed

MassRoots Inc. went through a massive transition this week. In a span of two days, the Denver-based marijuana tech and social media firm no longer had its founder at the helm and no longer had an acquisition valued at $12 million on the docket.

Hemp power-players lobby Congress to shift mind-set, legalize crop

The U.S. Hemp Roundtable, an alliance of national trade groups and businesses, seeks to hammer home message that industrial hemp should be an agricultural commodity, not a controlled substance.

Colorado’s 2017 marijuana sales reach $1 billion in just eight months

In 2017, Colorado has eclipsed $1 billion in marijuana sales in eight months. In 2016, it took 10 months to reach that mark. FULL REPORT

Kentucky gov rips Colorado legalization; state’s marijuana adviser says laws evolving

Marijuana legalization is a “sucker’s bet” that has had negative consequences in Colorado and is not right for Kentucky, the Bluegrass State’s Gov. Matt Bevin said this week.

Lucky’s Market takes leap with CBD oil, selling hemp extracts nationwide

The growing natural foods chain with roots in Boulder, is now selling CBD-rich hemp extract products at its stores across the nation. “We’re not afraid to be disruptive and pave the path and be pioneers.”

Race for CBD medication breakthrough: Is pharma firm’s boon the hemp industry’s doom?

As CBD drug Epidiolex moves through FDA’s approval pipeline, the GW Pharmaceuticals product developed for treating certain types of epilepsy is watched cautiously by the hemp industry and optimistically by the medical community.

Gorilla Glue adhesives company reaches settlement with cannabis business over strain name

The Gorilla Glue Co. and GG Strains LLC reached a settlement in the trademark infringement case over the naming of strains such as “Gorilla Glue #4.”

Update: CBD oil hits national stage with Target.com — briefly

CW Hemp announced early Thursday its hemp-derived extracts were available on Target.com, but later in the day, the products were no longer to be found on the retailer’s website.

Colorado cannabis safety regs limit edible shapes, enlarge potency labels

Starting Oct. 1, Colorado will no longer allow marijuana edibles shaped like humans, animals, fruit or cartoons and will require more prominently displayed THC potency information. FULL REPORT

Denver gets a little help from other states, nations as it hosts annual marijuana regulatory conference

Denver once again will play both host and marijuana authority to policy makers from around the globe seeking to learn the nuts and bolts of cannabis legalization.

Appeals hearing wraps up on Denver 4/20 organizer’s ban

Event organizer Miguel Lopez faces a three-year ban on running annual marijuana-themed event.

CBD on the international stage: WHO committee delving into science, control status of cannabis compound

As the World Health Organization examines the level of international controls to be implemented on CBD, American advocates for legalization of the cannabis compound have spotted an opportunity.

Hearing officer considers Denver 4/20 organizer’s appeal regarding 3-year ban

Whether the man behind Denver’s recent 4/20 rally will get another go at the marijuana-centric event will soon rest in the hands of an administrative hearing officer.

The future of buying weed: California eyed as epicenter for delivery, e-commerce

Tech company Eaze and others are banking on marijuana delivery expanding at “explosive” rate in California as state prepares for recreational sales.

Eaze accelerating marijuana delivery tech with $27 million investment

Eaze, a San Francisco-based firm that developed software to facilitate marijuana delivery sales, has hauled in $27 million in investment capital.

Milestone for Colorado marijuana: $100M in monthly recreational sales

The Cannabist’s calculations for July show nearly $137 million in sales, $101.1 million of which were recreational products.

Cannabis grows — legal or not — are far from business as usual for electric co’s

A gathering of Colorado utilities officials centered around the massive power draw of indoor marijuana cultivation and issues with illegal grows.

Rohrabacher-Blumenauer medical marijuana protections extended by debt limit deal

Existing federal protections for medical marijuana states are expected to continue through at least Dec. 8.

Canada looks to spend $274M to bolster cannabis-related law enforcement

Canada intends to commit upward of a quarter-billion dollars to deter drug-impaired driving and diversion in preparing for national cannabis legalization.

House Rules Committee hears key marijuana amendments

A federal legislative committee could soon determine the fate of several proposals to protect existing and future state marijuana laws, businesses and research.

Congressman proposes budget amendment to protect marijuana research from DOJ

Rep. Matt Gaetz, R-Florida, has proposed an appropriations amendment to provide safe harbor for medical marijuana research in the majority of U.S. states.

Scotts Miracle-Gro sells off international operations to focus on core business and hydroponics

The lawn-and-garden giant’s sale of international operations allows the firm to focus on ambitions in hydroponics, an ancillary sector of the cannabis industry.

Learn from Colorado’s mistakes, says former cannabis czar

If he had to do it all over again, Colorado’s former marijuana czar Andrew Freedman would approach cannabis legalization by seeking out loads of data.

Is it safer to drive high than drunk? Efforts to curtail marijuana-impaired driving collide with attitudes, medicinal use

Promoting cannabis as a safer alternative to alcohol was a tenet of the marijuana legalization movements in Colorado and other states. Early data indicate that attitude continues when people get behind the wheel.

In Colorado’s words: How the state is prioritizing marijuana issues

Colorado was the last of the four legal marijuana states to reply to Attorney General Jeff Sessions’ July 24 letters questioning each state’s respective regulatory regimes, however the response from the state that served as a trailblazer of recreational cannabis was the most comprehensive.

Colorado gov responds to Sessions marijuana letter questioning state’s regulatory regime

Colorado’s marijuana regulatory system is a model for other states, and the fledgling program could become even more robust with the federal government’s support, the state’s governor and top law enforcement officer said in a letter sent Thursday to Attorney General Jeff Sessions.

Congressmen query Sessions over reported cannabis research obstruction

A bipartisan group of lawmakers sent a letter Wednesday to Attorney General Jeff Sessions expressing concern about a reported move by the Justice Department to halt marijuana research.

Marijuana tech firm MassRoots to buy CannaRegs for $12 million

MassRoots Inc., a Denver-based marijuana tech and social media firm, plans to snap up web-based rules and regulations company CannaRegs Ltd.

Wyoming to the world: Come for the eclipse, but leave your weed at home

As Wyoming prepares for a massive influx of visitors for the coming eclipse, Colorado’s neighbor to the north welcomes the migration — minus marijuana.

Colorado marijuana sales top $750 million at 2017 midpoint

Cannabis sales through June 2017 are up 25.7 percent compared with the first half of 2016, The Cannabist’s calculations show.

Gorilla Glue lawsuit: Cannabis biz stuck in the middle of branding battle over strain name

When you think of Gorilla Glue, is what comes to mind — adhesive or weed strain? A lawsuit against GG Strains could shake up marijuana industry branding.

DEA plans to reduce quota of government-grown marijuana for research in 2018

The Drug Enforcement Administration intends to decrease the amount of marijuana it allocates for federally approved research in 2018.

Jeff Sessions’ letter to Oregon gov cites “pervasive illicit cannabis cultivation”

AG Jeff Sessions’ letter to Oregon Gov. Kate Brown zeroed in on state police findings that marijuana legalization did little to cull black market activity.

Sessions raises “serious questions” about Colorado’s marijuana management in letter to gov

Attorney General Jeff Sessions is questioning the efficacy of marijuana regulatory structures in Colorado in a letter to Gov. John Hickenlooper obtained by The Cannabist.

Scotts Miracle-Gro eyes global leadership position in hydroponics sector

The venerable lawn-and-garden giant’s leap into hydroponics, an ancillary sector of the cannabis industry, continues to bolster its top line.

Sen. Cory Booker intros marijuana bill focused on racial justice, descheduling, funding

New Jersey Sen. Cory Booker is introducing a comprehensive bill on Tuesday to deschedule marijuana, provide incentives for states to legalize, and create mechanisms to address racial justice concerns.

“Bonanza” for Las Vegas: Nevada Sen. Tick Segerblom talks social use, cannabis law issues in Denver

Public consumption of cannabis is a critical issue in legalized states, particularly tourist-heavy Nevada. It proved a hot topic at a law conference in Denver, which will soon launch a new social-use pilot program.

Inside a wild week in weed for Colorado Springs

Secret meetings with the feds, head shop busts and ‘gateway drug’ talk put Colorado’s second-largest city in the national spotlight.

Trading veggies for herb: Produce grower planting cannabis in million-square-foot greenhouse

Large-scale greenhouse-grown cannabis is about to explode in Canada, where a fruit-and-vegetable giant is joining forces with medical cannabis producer. And bigger grows are also a stateside endeavor.

Retired NFL players back new Denver nonprofit advocating for medical marijuana

Denver’s 420 Games featured former NFL and other athletes supporting the non-profit Athletes for Care, which hopes to change public perception of medical marijuana.