Colorado Tax Enforcer Tells ’60 Minutes’: Weed Beat the Recession in Denver

In a 13-minute segment broadcast Sunday night, CBS’s “60 Minutes” explored Colorado’s budding medical marijuana industry, and heard from a former drug cop turned tax enforcer who insisted that the industry has helped Denver beat the recession.

That runs contrary to President Barack Obama’s logic: he said in 2010 that legalizing marijuana is not “a good strategy to grow our economy.”

But the economic impact on Denver? According to Matt Cook, a former narcotics officer who oversees enforcement at the Colorado Department of Revenue, “it’s huge.”

Cook helped write the state’s medical marijuana law, and works as a consultant for medical marijuana businesses in the state. Speaking to “60 Minutes,” he said that the industry accounts for “over a million square feet of lease space in the Denver area.”

“Look at all the electrical contractors, HVAC contractors,” he said. “The number of ancillary businesses — it’s huge. Tax revenues exceeded, I believe the last number I heard was an excess of $20 million.”

– Read the entire article at Raw Story.



  1. cliff on

    What’s happening in Colorado is only the beginning of the end of the War on Freedom. History will show the decades of evil done by politicians and the pigs. They will all be forgotten like every other evil scum through history. Only the hero’s who fight for what is right will be remembered, and you know many of them.

  2. CanadianGiant on

    Too bad Harper is putting us back into the stone age. I blame Harper for everything now. Even the weather.
    Law enforcement think they can walk over potheads like they do crackheads, but they will be very suprised at how persistant, organized, and educated,we medical cannabis users are. We come from all walks of life, and occupations.
    Free Marc Emery

  3. Anonymous on

    the hypocrisy of the rich people.It is OK in Colorado to do business with marijuana but not in other states and also not in Canada.How many people out there would like to have a grow business to provide medical marijuana but simply dont do it because the laws are against them. So there is two weights and two measures.Once again poverty is the winner because always the rich decide what the poors are going to be fed…