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-0.126419213973799 0.00436681222707424 0.0895196506550218 0.0895196506550218 0.0698689956331878 0.0895196506550218 0.0895196506550218 0.0895196506550218
Stock impact report

Zoned Properties Continues Expansion with Agreement to Acquire Property for $2.75 Million Leased to Sunday Goods After Receiving Cannabis Approvals for New Retail Dispensary in Arizona [Ya...

ZONED PROPERTIES INC (ZDPY) 
NASDAQ:AMEX Investor Relations: ir.zonedproperties.com
Company Research Source: Yahoo! Finance
SCOTTSDALE, AZ / ACCESSWIRE / February 29, 2024 / Zoned Properties®, Inc. ("Zoned Properties" or the "Company") (OTCQB:ZDPY), a leading real estate development firm for emerging and highly regulated industries, including legalized cannabis, today announced that the Company has received final cannabis approvals related to an investment property in Surprise, Arizona (the "Investment Property"). The Company is under contract to acquire the Investment Property after initial site work has been completed by the selling developer. Zoned Properties has also entered into a long-term, absolute-net lease agreement with a best-in-class Arizona cannabis company, Sunday Goods, to operate a retail dispensary. "Arizona's cannabis market stands out as one of the most dynamic and consumer-driven in the United States. The strongest brands in the nation look to Arizona to create consumer market awareness. Following this acquisition, we expect to near $3 million in passive rental revenue annually. We c Show less Read more
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