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Zoned Properties Reports Second Quarter 2019 Financial Results
Posted on Thursday August 08, 2019
In January 2019, the Company completed a stock redemption, returning approximately 5.64 million shares of its common stock, or 32.3% of the shares outstanding, back into the treasury. Net income was $7,000, or $0.00 per basic and diluted share, compared to a net loss of $(1,896,000), or $(0.11) per basic and diluted share for the six months ended June 30, 2018.
Zoned Properties' CEO, Bryan McLaren, to Join Cannabis Real Estate Panel at CannaVest West Investor Event
Posted on Thursday July 11, 2019
SCOTTSDALE, Ariz., July 11, 2019 /PRNewswire/ -- Zoned Properties®, Inc. (ZDPY), a strategic real estate development firm whose primary mission is to provide real estate and sustainability services for the regulated cannabis industry, positioning the company for property acquisitions and revenue growth, today announced Zoned Properties' CEO, Bryan McLaren, has accepted an invitation to speak on a cannabis real estate panel at the upcoming CannaVest West Investor Summit in San Jose, California. The event will take place concurrently with the NCIA Cannabis Business Summit and Expo at the San Jose McEnery Convention Center at 3:45 PM on July 23, 2019. The panel, "Cannabis Real Estate: What You Should Know Before Buying, Selling or Leasing Property for Cannabis & Hemp Use" will focus on forecasts of the industrial, agricultural, and retail real estate required to support the growing cannabis and hemp industries, and what real estate owners, financing sources, and others operating, or planning to operate, in this highly regulated space need to know.
Zoned Properties Establishes the Zoned Cannabis Real Estate Team
Posted on Friday May 31, 2019
SCOTTSDALE, Ariz., May 31, 2019 /PRNewswire/ -- Zoned Properties®, Inc. (ZDPY), a strategic real estate development firm whose primary mission is to provide real estate and sustainability services for the regulated cannabis industry, positioning the company for property acquisitions and revenue growth, today announced the Company has established the Zoned Cannabis Real Estate Team under a licensed brokerage in Arizona and is actively working with new clients in the regulated cannabis industry. "We are excited to launch the Zoned Cannabis Real Estate Team across the regulated cannabis industry.
Zoned Properties Reports First Quarter 2019 Financial Results
Posted on Monday May 13, 2019
Zoned Properties completed a stock redemption returning approximately 5.64 million shares of its common stock, or 32.3% of the shares outstanding, back into the treasury. Revenue decreased 48% to $278,000, compared to $533,000 for the first quarter of 2018, reflecting a decrease primarily attributable to a decrease in rent revenues from our significant tenant, as a result of restructuring the significant tenant lease agreements in 2018 and effecting a significant stock redemption in 2019.