In the most recent Forbes ranking, Denver Colorado came in number one for “Best Places for Business and Careers,” for our diverse economy, highly educated labor force, and outdoor recreational opportunities. Unlike many other states in the country, businesses are increasingly moving their operations to Denver. For example, Panasonic cites the close proximity to Denver International Airport and nearby universities, in addition to a $1.5 million incentive (no big deal) as their reasoning for moving to Denver. Similarly, Lockheed Martin recently relocated the headquarters of it’s commercial space operations to its Denver campus. Barry Noaes, chief engineer for Lockheed’s commercial space business stated, “The great quality of life here makes it easier to attract and retain highly talented people.”
In addition to being home to largest number of private aerospace jobs, Denver also is leading the country in aviation, bioscience, energy, financial services, information technology, healthcare and telecommunications. The city infrastructure is booming, the economy is thriving and the Denver Metro Area is splitting at the seams with the influx of about 100,000 more people per year. Basically, Denver is blowing up Taylor Swift style. So what’s Denver’s magic sauce you might ask?
Legal marijuana – Denver Colorado
In addition to having business costs that are 3% lower than the national average, Denver’s quality of life, outdoor recreational activities, and vibrant community help to create the foundation for a really prosperous economy.
Coincidentally, it also happens to be bursting at the seams with cannabis, cannabis advocates, cannabis money and cannabis culture. In fact, in Denver this year, nearly 15 percent of adult residents admit to using cannabis. This means that a significant portion of Denver residents admit to smoking cannabis, while simultaneously kicking ass professionally and recreationally (pun intended). In fact, adults with higher incomes and more education are more likely than others to use marijuana.
Colorado also happens to be considered one of the main pioneers of the legalized Cannabis Industry and Denver is definitely at the epicenter of cannabis culture. Denver is proof that the legal Colorado Cannabis Industry (now worth about $1 billion) can not only blend smoothly into the business sector at-large, but also enhance it with the influx of Denver Colorado marijuana tourism and the revenue from marijuana sales and license fees, which was more than $135 million last year.