Targeting Property Development Projects for Licensed Medical Marijuana in California, Colorado, Florida and Texas
SCOTTSDALE, Ariz., Jan. 16, 2018 /PRNewswire/ -- Zoned Properties, Inc. (ZDPY), a strategic real estate development firm whose primary mission is to identify, develop, and lease sophisticated, safe, and sustainable properties in emerging industries, including the licensed medical marijuana industry, today announced that the Company is in discussions with a number of prospective clients to develop licensed medical marijuana facilities located in California, Colorado, Florida and Texas.
"Building on the legislative momentum of the past two years, at least 12 states are considering marijuana legalization in 2018," commented Bryan McLaren, Chief Executive Officer of Zoned Properties. "We're uniquely positioned to play a critical role as the strategic advisor for development of future medical marijuana projects. Through our Strategic Advisory Services, we provide clients with comprehensive due diligence and organizational assessments for targeted development properties. Our extensive industry knowledge and track record of success enables us to identify risks and design roadmaps to ensure a project's success. Leveraging our strategies in Arizona and Colorado to pursue select opportunities in other states, we're engaging with prospective clients to establish a basis for future sale leaseback transactions."
"The accelerating legislative changes and policy reforms will create the need for experienced advisors to help clients navigate the licensed medical marijuana industry," concluded McLaren. "We are allocating our resources selectively to optimize opportunities to grow our portfolio."
Zoned Properties' Strategic Advisory Services provides clients with comprehensive due diligence and an organizational assessment for properties under consideration for development, as well as master planning, architectural design and construction management.
About Zoned Properties, Inc. (ZDPY):
Zoned Properties is a strategic real estate development firm whose primary mission is to identify, develop, and lease sophisticated, safe, and sustainable properties in emerging industries, including the licensed medical marijuana industry. Zoned Properties is an accredited member of the Better Business Bureau, the Forbes Real Estate Council, and the U.S. Green Building Council. The Company focuses on the strategic development of commercial properties that face unique zoning challenges; identifying solutions that could potentially have a major impact on cash flow and property value. Zoned Properties targets commercial properties that can be acquired and re-zoned or permitted for specific purposes. Zoned Properties does not grow, harvest, sell or distribute cannabis or any substances regulated under United States law such as the Controlled Substances Act.
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