Company Overview

Zoned Properties, Inc. (ZDPY) is a U.S.-based real estate development and investment company focused on properties zoned for regulated industries, primarily the legal cannabis sector. The company operates at the intersection of commercial real estate and cannabis compliance, providing property acquisition, development, and leasing solutions tailored to cannabis operators navigating complex zoning and regulatory frameworks. Its activities place it within the commercial real estate, cannabis infrastructure, and alternative property investment industries.

Zoned Properties generates revenue primarily through leasing and development arrangements with licensed cannabis operators, as well as through advisory and development services related to zoning and compliance. The company positions itself as a specialist in identifying properties suitable for cannabis use under local regulations, which it describes as a strategic advantage given the scarcity of properly zoned assets. Zoned Properties was founded in 2016 and evolved from a zoning advisory concept into a property-focused platform as U.S. state-level cannabis legalization expanded and demand for compliant real estate increased.

Business Operations

The company’s operations are organized around real estate acquisition, development, and leasing activities tied to cannabis-compatible properties. Zoned Properties focuses on identifying underutilized industrial and commercial assets and repositioning them for cannabis cultivation, manufacturing, and distribution tenants. Revenue is generated through long-term lease agreements, development fees, and strategic participation in property-level ventures. Public disclosures indicate operations are primarily domestic, with activities concentrated in U.S. jurisdictions where cannabis is legal at the state level.

Zoned Properties controls real estate assets directly and also operates through development agreements and affiliated entities. The company has disclosed involvement with CannaZones, described as a strategic initiative or subsidiary focused on cannabis-compatible industrial parks and property aggregation. Information on additional subsidiaries, joint ventures, or long-term strategic partnerships is limited in public filings, and some aspects of operational scale are not consistently detailed. Data inconclusive based on available public sources.

Strategic Position & Investments

Strategically, Zoned Properties aims to capitalize on the continued legalization and normalization of cannabis in the United States by securing scarce, regulation-compliant real estate. Growth initiatives have included selective property acquisitions, participation in development projects, and expansion of advisory and zoning-related services to cannabis operators. The company has publicly emphasized disciplined capital deployment and alignment with experienced cannabis tenants as part of its strategy.

The company has announced or referenced investments in individual property projects and affiliated entities rather than large-scale corporate acquisitions. Its strategic focus remains centered on cannabis real estate rather than direct plant-touching operations. Publicly available information on emerging technologies or diversification into non-cannabis sectors is limited, and disclosures do not indicate material investments outside its core real estate focus. Data inconclusive based on available public sources.

Geographic Footprint

Zoned Properties’ operations are primarily based in the United States, with a concentration in states that have established legal frameworks for medical or adult-use cannabis. The company has disclosed involvement in multiple U.S. markets, including the Southwest and Western United States, where industrial zoning and cannabis licensing have supported its development model. Its headquarters are located in Arizona, which serves as the administrative and strategic center of the business.

There is no verified public evidence of material international operations or foreign investments. The company’s geographic influence appears limited to domestic markets, and its growth strategy has focused on expanding within select U.S. jurisdictions rather than pursuing global expansion. Data inconclusive based on available public sources regarding any non-U.S. activities.

Leadership & Governance

Zoned Properties was founded by Mark Noble, who has played a central role in shaping the company’s strategy around zoning expertise and cannabis real estate. Leadership has emphasized regulatory knowledge, risk management, and disciplined growth as core elements of its operating philosophy. The company is publicly traded on the OTC Markets and is subject to U.S. public company reporting requirements, though governance disclosures are more limited than those of larger exchange-listed firms.

Key executives disclosed in public filings and company communications include:

• Mark Noble – Founder and Chief Executive Officer
• Bryan McLaren – Chief Financial Officer
• Peter Kadens – Director
• Paul Molinari – Director

Public information on independent board composition, committee structure, and long-term governance practices is limited compared to larger issuers. Data inconclusive based on available public sources regarding the full scope of governance policies and internal controls.