A Texas oilman is Pa. pot's biggest loser – Philly.com
Jack Kidd is finished with medical marijuana.
“I’m done,” said the Texas oilman, who operates a natural gas pipeline in the hinterlands of northeastern Pennsylvania. “I just don’t care anymore.”
Kidd sniffed opportunity last year when Gov. Wolf legalized cannabis for medicinal purposes.
In March, the El Paso entrepreneur applied to the commonwealth to grow marijuana at a site he had picked out 30 miles north of Scranton.
PTMD Farm had hoped to open a marijuana-growing facility in Waymart, Pa., about 30 miles north of Scranton.
An anonymous panel convened by the state graded Kidd’s application and 176 others.
In June, the state Department of Health awarded a dozen growing permits.
Kidd’s company, PTMD Farm LP, was shut out. Of all the applicants, his score put him dead last.
“We only got 195 points out of 1,000,” he said. “It was an insult.”
Most permit winners scored well over 700 points.
The secret state panel graded applications on a variety of criteria. It weighed, among other things, how much capital each company was willing to invest, its business plan, and whether any principals had a criminal history.
A hefty portion of the total score — 20 percent — was based on a community-impact statement and a diversity plan.
PTMD Farm, which ranked among the four lowest for its community-impact statement, received zero points for its diversity plan.
The scoring, Kidd said, was “all very subjective. There was no clear-cut criteria for the grading system.”
The state — citing a requirement to protect company trade secrets and proprietary information — redacted more than 100 pages of PTMD Farm’s application, blacking them out from top to bottom.
Kidd no longer