-
Cannabis REIT Stock Trading Higher On Reporting 17% YoY Revenue Growth In Q3
Tuesday, November 14, 2023 - 12:51pm | 763Zoned Properties, Inc. (OTCQB: ZDPY), a cannabis-focused real estate development firm reported its third quarter financial results on Tuesday for the three and nine-month period ended Sept. 30, 2023. "We are delighted to report outstanding operating and financial performance for the third...
-
Is Federal Cannabis Legalization A Double-Edged Sword? The Answer Is Complicated
Tuesday, September 5, 2023 - 2:37pm | 906"The real catalyst is going to be federal legalization. Unfortunately, it’s just going to take many years longer," began Anthony Coniglio, founder, president, and CIO of NewLake Capital Partners Inc. (OTCQX: NLCP), setting the tone for what would be an illuminating discussion at the...
-
Cannabis Real Estate Firm's Q2 Earnings Results Signal Steady Growth, Here's What You Need To Know
Monday, August 14, 2023 - 2:51pm | 564Cannabis-focused real estate development firm Zoned Properties, Inc. (OTCQB: ZDPY) reported on Monday its second quarter financial results, revealing a 55% year-over-year increase in revenues to $772,617, compared to revenues of $498,652 in the same quarter of last year, and $688,024 in the prior...
-
Zoned Properties Stock Trades Down As Q1 2023 Revenue Falls, Yet Property Investments Surge
Monday, May 15, 2023 - 9:53am | 551Zoned Properties, Inc. (OTCQB: ZDPY) revenues for the quarter ended March 31 2023, were $688,024, 2023, compared to revenues of $938,701 for the quarter ended March 31, 2022, representing a decrease of 26%. The decrease was primarily attributable to a decrease in brokerage commission revenues,...
-
EXCLUSIVE: How Strong Brands Can Help Cannabis Companies Expand Their Real Estate Footprint
Tuesday, April 18, 2023 - 12:23pm | 500Cannabis companies unique challenges due to the disconnect between state and federal laws. At the recent Benzinga Cannabis Capital Conference, experts discussed how to leverage strong brands for real estate expansion and standardization, and minimize risks. But, why do brands matter for real...
-
Zoned Properties FY22 Revenue Grows 46% To $2.66M, Sixth Year Of Positive Cash Flow From Operations
Tuesday, March 28, 2023 - 10:59am | 450Zoned Properties, Inc. (OTCQB: ZDPY) FY 2022 revenue was $2.66 million, an increase of 46% compared to $1.82 million in 2021. FY 2022 Financial Highlights Operating expenses were $2.77 million for the year ended December 31, 2022, compared to $1.78 million for the year ended December 31, 2021,...
-
Zoned Acquires Cannabis Retail Investment Property In Michigan For $4.3M Leases It To NOXX
Thursday, March 2, 2023 - 11:42am | 419Zoned Properties, Inc. (OTCQB: ZDPY) has acquired an investment property in Pleasant Ridge, Michigan and entered into a long-term, absolute-net lease agreement with NOXX Cannabis to operate a retail dispensary. "We are thrilled to announce this significant transaction, which marks our entry...
-
Green Dot Labs To Enter Arizona Cannabis Market
Friday, December 2, 2022 - 11:30am | 443Zoned Properties, Inc. (OTCQB: ZDPY), has approved a lease amendment and assignment at its Tempe property granting operational control to Green Dot Labs as the property's new tenant. "We are extremely excited to welcome Green Dot Labs into the Arizona marketplace as the new primary tenant...
-
Zoned Properties Q3 Revenue Grows 59% YoY, Here Are The Details
Thursday, November 10, 2022 - 10:57am | 546Zoned Properties, Inc. (OTCQB: ZDPY) Q3 2022 revenues were $614,988, an increase of 58.8% compared to $387,365 in Q3 2021. Net loss was $77,328 compared to a net loss of $95,495 in Q3 2021. Nine Months Ended September 30, 2022 Financial Results Revenues were $2 million for the nine months ended...
-
Lev Secures $41.5M In Cannabis CRE Financing Breaking Down Barriers To Federal Loans
Wednesday, August 17, 2022 - 10:21am | 409Lev, the commercial real estate (CRE) financing platform, announced the completion of over $40 million in cannabis CRE loans across five different sponsors, with an additional $50 million in the pipeline. Lev works with investors to navigate complex hurdles at the federal and state levels to close...
-
Zoned Properties Q2 Revenue Declines 9.3%, But Still Up 60% Over 6-Month Period: Here Are The Details
Thursday, August 11, 2022 - 10:38am | 498Zoned Properties, Inc. (OTCQB: ZDPY) Q2 2022 revenue was $498,652, a decrease of 9.3% compared to $550,064 in Q2 2021. Q2 2022 Financial Highlights Operating expenses were $507,856 for the second quarter ended June 30, 2022, compared to $410,411 for the second quarter ended June 30, 2021, an...
-
Zoned Properties Secures Initial $4.5M Debt Facility For Cannabis Real Estate
Tuesday, July 12, 2022 - 9:34am | 461Zoned Properties, Inc. (OTCQB: ZDPY), a leading real estate development firm for emerging and highly regulated industries including legalized cannabis, has secured an initial debt facility of up to $4.5 million. Debt Facility Overview & Highlights Up to $4.5 million initial debt facility...
-
Zoned Properties Reports Revenue Growth Of 171.4% For Q1 2022, Here Are The Details
Thursday, May 12, 2022 - 12:11pm | 408Zoned Properties, Inc. (OTCQB: ZDPY) released its financial results for the quarter ended March 31, 2022. Q1 2022 Financial Results Revenues were $938,701 for the quarter ended March 31, 2022, compared to $345,845 for the quarter ended March 31, 2021, an increase of 171.4%. Operating expenses...
-
EXCLUSIVE: Zoned Properties Partners With Zoneomics, Launch Software Solution For Cannabis Industry
Wednesday, April 20, 2022 - 5:14pm | 464Zoned Properties Inc (OTCQB: ZDPY) has teamed up with real estate zoning experts at Zoneomics to launch REZONE - a zoning and mapping software solution focusing on democratizing real estate information for the regulated cannabis industry. The initial Beta Launch on April 20, announced exclusively...
-
Zoned Properties Closes Over $50M In Commercial Real Estate Transactions
Tuesday, April 12, 2022 - 11:02am | 735Zoned Properties, Inc. (OTCQB: ZDPY), a real estate development firm with advisory and brokerage services for emerging and highly regulated industries including legalized cannabis, plans to expand its brokerage services across the U.S. to all major and upcoming cannabis markets. Headquartered...