Zoned Properties Expands Real Estate Services with PropTech Data Projects

SCOTTSDALE, Ariz .– (BUSINESS WIRE) – Zoned Properties®, Inc. (the “Company”) (OTCQB: ZDPY), a leading real estate development company serving emerging and highly regulated industries, including regulated cannabis, today announced its proposed investment in and partnership with two new PropTech dates Project teams focused on delivering solutions for real estate projects in regulated industries.

The core of our mission at Zoned Properties is to provide real estate services to emerging and regulated industries that can address the key vulnerabilities of complex real estate development projects. The PropTech data projects implemented by us focus on solutions for these weak points from the beginning of a project to its continuous operational growth. Zoned Properties has identified critical needs in regulated real estate markets, from identifying project locations to how the consumer and community interact with the built retail environment (i.e. stationary). “These critical requirements have proven to be one of the greatest challenges facing project teams in emerging and regulated industries, and we look forward to bringing some exciting solutions specifically for the cannabis industry,” said Bryan McLaren, Chief Executive Officer.

Zoned properties GIS zoning & mapping project

• Geographic Information Systems (GIS) are typically created as a framework for collecting and analyzing basic data sets. In terms of geography and mapping, GIS platforms can incorporate various types of data that can be used to provide a user with functional layers of information and spatial locations using maps and 3D scenes. Finding real estate in appropriate zones can be an incredible challenge in regulated industries as complex as cannabis, and one of the toughest early challenges for project teams. With our strategic partner and investment in the project, our goal is to use advanced real estate technology to provide real estate identification solutions in regulated industries such as regulated cannabis.

Zoned Properties Brick & Mortar Retail Consumer Project

• Brick & Mortar retail has seen a significant paradigm shift in the past few decades as consumer behavior has adapted along with the modern transformation of the retail experience. Emerging and highly regulated industries tend to develop legislative guidelines that may require consumers to return to brick and mortar industries, compared to less regulated industries where online tech giants dominate the consumer experience. With our strategic partner and our investment in the project, our goal is to provide emerging and regulated industry operators with the tools they can use to increase the value of their stationary real estate through consumer-oriented and brand-centric real estate technology solutions.

Individuals entering the regulated cannabis industry are growing exponentially, either as consumers, goods and service providers, or as local regulatory professionals. This growth has created a demand to identify, develop and meet specific requirements for complex real estate projects from start to finish. To address these niche needs, Zoned Properties seeks to leverage data and provide information to operations that can be organized, packaged, and better positioned to provide optimized solutions for these people.

“We have been organizing these projects for years because it was the only way to get the job done. Finding, assigning and assembling the parts by hand. Our new focus on working on PropTech projects with our new partners is aimed at achieving results on a large scale, ”commented McLaren. “We look forward to providing further updates over the course of these projects and preparing for market entry.”

About Zoned Properties, Inc. (OTCQB: ZDPY):

Zoned Properties is a leading real estate development company serving emerging and highly regulated industries, including regulated cannabis. The company is redefining the approach to commercial real estate investing through its integrated growth services.

Headquartered in Scottsdale, Arizona, Zoned Properties has developed a full suite of integrated growth services to support its real estate development and investment model. Consulting services, brokerage services, franchise services and PropTech data services are all queried within the model in order to increase the project value associated with complex real estate projects. With national experience and a team of experts dedicated to the emerging cannabis industry, Zoned Properties caters to the specific needs of a modern market in highly regulated industries.

Zoned Properties is an accredited member of the Better Business Bureau, the US Green Building Council and the Forbes Real Estate Council. Zoned Properties does not grow cannabis, harvest, sell or distribute cannabis or any other substance governed by United States law such as the Controlled Substance Act of 1970, as amended (the “CSA”). Zoned Properties’ corporate office is located at 14269 N. 87th Street, Suite 205, Scottsdale, Arizona. For more information, call 877-360-8839 or visit www.ZonedProperties.com.

Twitter: @ZonedProperties

LinkedIn: @ZonedProperties

Safe Harbor Statement

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COVID-19 statement

In March 2020, the World Health Organization declared COVID-19 a global pandemic and recommended measures for containment and containment worldwide. We are closely monitoring this and while operations have not been materially impacted by the COVID-19 outbreak, the ultimate duration and severity of the outbreak and its impact on the economic environment and our business are uncertain. Currently, all of the properties in our portfolio are open to our major tenants and their clients and remain open according to state and local authority requirements. We did not see any significant changes to our business operations in 2020 from COVID-19 in 2021, nor do we foresee them. Our tenants continue to generate income in these properties and have continued to make rental payments in full and on time. We are of the opinion that the tenants’ liquidity position is sufficient to cover the expected rental obligations. Accordingly, while we do not anticipate any impact on our business operations, we cannot estimate the duration of the pandemic and the potential impact on our business if properties need to be closed or if tenants are otherwise unable or unwilling to make rental payments . In addition, a severe or prolonged economic downturn could pose a number of risks to our business, including weaker demand for our properties and a reduced ability, if at all, to raise additional capital on acceptable terms when needed. The company is currently unable to assess the impact of this event on its business operations.