While we love cannabis, we love our city of Denver just as much! One of the most fulfilling aspects of being on the forefront of history is the impact our industry continually has on society.
Perhaps legal cannabis isn’t the only reason Colorado’s record low and nation-leading unemployment rate of 2.3 percent held steady for a third straight month–but legal cannabis has certainly played a role in this trend:
The number of unemployed, defined as workers without a job who actively sought one in the past month, dropped to 67,200 in June. That is the lowest count in Colorado since January 2001, when about 600,000 fewer people were in the state’s labor force, said Ryan Gedney, a senior economist with the department.
Colorado has claimed the nation’s lowest unemployment rate since March, but North Dakota emerged as a challenger after its unemployment rate dropped to 2.3 percent in June. Nationally, the unemployment rate increased 0.1 percentage point in June to 4.4 percent. [Denver Post]
Walk through downtown Denver, and you can’t help but notice the many cranes in the sky. The city is bursting with life as steady growth–both in our industry’s gardens and the city’s streets–takes Denver by storm.
As other states in America continue to progress on cannabis laws, we are proud to be apart of Colorado’s historic foray with cannabis legalization.