secwatch / observer

Zoned Properties, Inc. — fact timeline

Source-grounded facts extracted from Zoned Properties, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

ZDPY Zoned Properties, Inc. JSON
Earnings Releases

Zoned Properties, Inc. reported the three months ended March 31, 2026 results: revenue $1,172,436, net income a net loss of $54,660 or $0.00 per fully diluted share, EPS $0.00 per fully diluted share.

“today announced its financial results for the three months ended March 31, 2026. Selected Financial Highlights for the Three Months Ended March 31, 2026: ● Total revenues were $1,172,436 for the quarter ended March 31, 2026, compared to total revenues of $974,552 for the quarter ended March 31, 2025, an increase of 20.3%. ● Operating expenses were $1,045,868”
Material Agreements

Zoned Properties, Inc. entered into Woodward Agreement with Woodward RE 1 LLC valued at $700,000 (effective 2026-05-01).

“On May 1, 2026, Zoned Properties, Inc. (the “Company”), through its wholly owned subsidiary ZP RE MI Woodward, LLC, a Michigan limited liability company (the “Seller”) entered into and closed on an Agreement of Sale and Escrow Instructions (the “Woodward Agreement”) with Woodward RE 1 LLC, a Michigan limited liability company, or its nominee (“Woodward Buyer”).”
Material Agreements

Zoned Properties, Inc. entered into Real Estate Purchase and Sale Agreement with Broken Arrow Herbal Center, Inc. valued at $9.0 million (effective 2026-04-20).

“On April 20, 2026, Zoned Properties, Inc. (the “Company”) through its wholly owned subsidiaries, Green Valley Group, LLC, an Arizona limited liability company, Kingman Property Group, LLC, an Arizona limited liability company, and Chino Valley Properties, LLC, an Arizona limited liability company (collectively, the “Seller”), entered into a Real Estate Purchase and Sale Agreement (the “Purchase Agreement”) with Broken Arrow Herbal Center, Inc., an Arizona corporation (the “Purchaser”), pursuant to which the Seller agreed to sell to the Purchaser three properties”
Earnings Releases

Zoned Properties, Inc. reported the year ended December 31, 2025 results: revenue $4,140,458, net income net loss of $2,851,415, or $0.24 per fully diluted share, EPS $0.24 per fully diluted share.

“Total revenues were $4,140,458 for the year ended December 31, 2025, compared to total revenues of $3,793,289 for the year ended December 31, 2024, an increase of 9.2%.”
Material Agreements

Zoned Properties, Inc. entered into Asset Purchase Agreement with BPB Partners, LLC valued at $7,000,000 (effective 2026-01-15).

“On January 15, 2026 (the “Effective Date”), Zoned Properties, Inc. (the “Company”) entered into an Asset Purchase Agreement (the “MBO APA”) by and among the Company, Zoned Arizona Properties, LLC (“Zoned Arizona”), ZP RE AZ Dysart, LLC (“Dysart”), ZP RE Holdings, LLC (“RE Holdings” and collectively with Zoned Arizona and Dysart, the “Real Property Sellers” and, together with the Company, the “Seller Parties” and each, a “Seller Party”), and BPB Partners, LLC (the “Buyer”).”
Material Agreements

Zoned Properties, Inc. entered into Consent Agreement with Broken Arrow Herbal Center, Inc., AC Management Group, LLC, A&R Consultants, LLC and Elevate Holdings, Group, LLC (effective 2025-12-30).

“on December 30, 2025, the Company, through Chino Valley Properties, LLC, entered into a Consent of Landlord and Agreement Regarding Lease (the “Consent Agreement”) with Broken Arrow Herbal Center, Inc., AC Management Group, LLC (the existing guarantor), A&R Consultants, LLC (the new guarantor) and Elevate Holdings, Group, LLC.”
Material Agreements

Zoned Properties, Inc. amended A&R Leases with Broken Arrow Herbal Center, Inc. and CJK, Inc. (effective 2025-12-31).

“On December 31, 2025, Zoned Properties, Inc. (the “Company”), through its indirect wholly owned subsidiaries Chino Valley Properties, LLC, Green Valley Group, LLC and Kingman Property Group, LLC (collectively, the “Landlords”), entered into Amended and Restated Absolute Net Lease Agreements (the “A&R Leases”) with the respective tenant entities Broken Arrow Herbal Center, Inc. (Chino Valley and Green Valley) and CJK, Inc. (Kingman) (each, a “Tenant”), each with an effective date of January 1, 2026.”

Jody Kane resigned as Director at Zoned Properties, Inc..

“On April 23, 2025, the following members of the Board submitted their respective resignations as Board members: Alex McLaren, Derek Overstreet and Jody Kane.”

Derek Overstreet resigned as Director at Zoned Properties, Inc..

“On April 23, 2025, the following members of the Board submitted their respective resignations as Board members: Alex McLaren, Derek Overstreet and Jody Kane.”

Alex McLaren resigned as Director at Zoned Properties, Inc..

“On April 23, 2025, the following members of the Board submitted their respective resignations as Board members: Alex McLaren, Derek Overstreet and Jody Kane.”
Earnings Releases

Zoned Properties, Inc. reported first quarter ended March 31, 2024 results: revenue $837,052, net income $96,473, EPS $0.01.

“Revenues were $837,052 for the quarter ended March 31, 2024”
Material Agreements

Zoned Properties, Inc. amended First Amendment to the Absolute Net Lease Agreement with Rapid Fish, LLC (effective 2024-05-01).

“On May 1, 2024, ZP Woodward and Rapid Fish, LLC (the “Parties”), with individual Guarantors, Thomas Nafso and Ammar Kattoula (the “Guarantors”), entered into a First Amendment to the Absolute Net Lease Agreement (the “First Amendment”) pertaining to premises located at 23600-23634 Woodward Ave, Pleasant Ridge MI 48069.”
Material Agreements

Zoned Properties, Inc. entered into Licensed Cannabis Facility Absolute Net Lease Agreement with The Pharm, LLC (Sunday Goods) valued at 15-year term with four 5-year renewal options; base rent $25,000 per month initial escalating to $37 (effective 2024-01-02).

“On January 2, 2024, ZP Holdings entered into a contingent Licensed Cannabis Facility Absolute Net Lease Agreement (the “Sunday Goods Lease”), with a commencement date contingent upon the satisfaction of various contingencies to the Sunday Goods Lease, by and between ZP Holdings, as landlord, and The Pharm, LLC (“Sunday Goods”), as tenant.”
Material Agreements

Zoned Properties, Inc. entered into Purchase and Sale Agreement and Joint Escrow Instructions with NWC Dysart & Bell LLC valued at Purchase price $1,100,000; seller's work reimbursements up to $600,000; earnest money $97,500 (effective 2023-01-23).

“Previously, on January 23, 2023, ZP Holdings entered into a Purchase and Sale Agreement and Joint Escrow Instructions, by and between NWC Dysart & Bell LLC (the “Seller”) and ZP Holdings as the buyer.”
Material Agreements

Zoned Properties, Inc. entered into Licensed Cannabis Facility Absolute Net Lease Agreement with JG IL LLC valued at 15-year lease with four 5-year renewal options; base rent starting at $9,166 per month (effective 2024-01-19).

“On January 18, 2024, ZP Holdings entered into a Licensed Cannabis Facility Absolute Net Lease Agreement (the “Justice Grown Lease”), with a commencement date of January 19, 2024, by and between ZP Holdings, as landlord, and JG IL LLC (“Justice Grown”), as tenant.”
Material Agreements

Zoned Properties, Inc. entered into Assignment and Assumption Agreement with Keystone Ventures, LLC valued at Assignment of rights to purchase Ashland Avenue Property for $1,250,000 (effective 2024-01-19).

“On January 19, 2024, ZP Holdings and Keystone entered into that certain Assignment and Assumption Agreement, dated as of January 19, 2024, by and between Keystone and ZP Holdings (the “Assignment Agreement”).”
Material Agreements

Zoned Properties, Inc. entered into Agreement Regarding Purchase and Sale Contract with Keystone Ventures, LLC valued at Purchase price of $1,250,000 (effective 2023-12-15).

“On December 15, 2023, ZP RE Holdings, LLC (“ZP Holdings”), a wholly owned subsidiary of Zoned Properties, Inc. (the “Company”), entered into an Agreement Regarding Purchase and Sale Contract (the “Agreement”), effective as of December 15, 2023, by and between Keystone Ventures, LLC (“Keystone”) as assignor and ZP Holdings as assignee.”
Earnings Releases

Zoned Properties, Inc. reported financial results for three and nine months ended September 30, 2023.

“On November 14, 2023, Zoned Properties, Inc. (the "Company") issued a press release announcing its financial results for the three and nine months ended September 30, 2023.”

Daniel Gauthier resigned as Chief Legal Officer, Chief Compliance Officer and Corporate Secretary at Zoned Properties, Inc..

“On September 15, 2023, Daniel Gauthier resigned as Chief Legal Officer, Chief Compliance Officer and Corporate Secretary of Zoned Properties, Inc. (the “Company”) to pursue other business opportunities.”
Earnings Releases

Zoned Properties, Inc. reported the three months ended June 30, 2023 results: revenue $772,617, net income $42,159.

“● Revenues were $772,617 for the quarter ended June 30, 2023, compared to revenues of $498,652 for the quarter ended June 30, 2022, representing an increase of 55%. ● The Company reported net income of $42,159 for the quarter ended June 30, 2023, as compared to a net loss of $39,063 for the quarter ended June 30, 2022.”
Earnings Releases

Zoned Properties, Inc. reported three months ended March 31, 2023 results: revenue $688,024, net income $309,648.

“Financial Highlights: ● Revenues were $688,024 for the quarter ended March 31, 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, which reflects the variable nature of one-time commission events that contribute to overall brokerage revenues, offset by an increase in advisory services revenues and property investment portfolio revenues. ● Property investment portfolio revenues were $610,474 for the quarter ended March 31, 2023, compared to property investment portfolio revenues of $390,097 for the quarter ended March 31, 2022, representing an increase of 56.5%. ● Operating expenses were $696,410 for the quarter ended March 31, 2023, compared to $929,183 for the quarter ended March 31, 2022, representing a decrease of 25%, primarily attributable to a decrease in one-time brokerage commission splits. ● The Company reported a net loss of $309,648”
Auditor Changes

Zoned Properties, Inc. engaged Salberg & Company, P.A. as its auditor.

“On April 18, 2023, the Audit Committee engaged Salberg & Company, P.A. (“New Auditor”) as its independent registered public accounting firm.”
Auditor Changes

Zoned Properties, Inc. dismissed D. Brooks and Associates CPA’s, P.A. as its auditor.

“On April 18, 2023, the Audit Committee of the Board of Directors (the “Audit Committee”) of Zoned Properties, Inc. (the “Company”) dismissed D. Brooks and Associates CPA’s, P.A. (the “Former Auditor”) as the Company’s independent registered public accounting firm.”
Earnings Releases

Zoned Properties, Inc. reported quarter ended December 31, 2022 results: revenue $607,749.

“Revenues were $607,749 for the quarter ended December 31, 2022, compared to $537,211 for the quarter ended December 31, 2021.”
Earnings Releases

Zoned Properties, Inc. reported year ended December 31, 2022 results: revenue $2.66 million, net income $574,355.

“Revenues were $2.66 million for the year ended December 31, 2022, compared to revenues of $1.82 million for the year ended December 31, 2021, representing an increase of 46%.”
M&A Transactions

Zoned Properties, Inc. completed an acquisition for $1,253,070 (closed 2023-02-27).

“On February 27, 2023, ZP Woodward acquired a fee interest in 23600 Woodward Avenue, Pleasant Ridge, Michigan for the purchase price of $1,253,070, comprised of $903,070 cash and $350,000 of previously paid deposits and assignment fees and, as of such date, ZP Woodward has acquired the property interests in the Woodward Property contemplated in the Option Agreement and Master Agreement.”
M&A Transactions

Zoned Properties, Inc. completed an acquisition (closed 2023-02-24).

“On February 24, 2023, ZP Woodward acquired an equitable interest in 23634 Woodward Avenue, Pleasant Ridge, Michigan (“23634 Woodward”) pursuant to the 23634 Land Contract.”
M&A Transactions

Zoned Properties, Inc. completed an acquisition for $2,292,549.

“Following the date of the Prior 8-K, ZP Woodward exercised its rights to acquire an equitable right to 23616-23622 Woodward”), which property is a portion of the Woodward Property, pursuant to, in part, the 23616-23622 Land Contract and the Assignment, for a purchase price of $2,292,549; comprised of $400,395 cash, $467,154 in deposits and assignment fees, and the 23616-23622 Land Contract with a principal balance of $1,425,000.”
Material Agreements

Zoned Properties, Inc. entered into 23634 Land Contract with Gangnier Investments LLC valued at $550,000 (effective 2023-02-24).

“On February 24, 2023, ZP Woodward entered into a Land Contract, dated February 24, 2023, by and between Gangnier Investments LLC (the “Gangnier”) and ZP Woodward (the “23634 Land Contract”).”
Material Agreements

Zoned Properties, Inc. entered into Assignment and Assumption Agreement with FL MI RE 22, LLC valued at $1,900,000 (effective 2022-12-02).

“On December 2, 2022, ZP RE MI Woodward, LLC (“ZP Woodward”), an indirect wholly owned subsidiary of Zoned Properties, Inc. (the “Company”), entered into an Assignment and Assumption Agreement (the “Assignment”), effective as of December 2, 2022, by and between FL MI RE 22, LLC (“FL MI”) and ZP Woodward.”
Material Agreements

Zoned Properties, Inc. terminated Purchase and Sale Agreement and Joint Escrow Instructions with Neal Bradley Starr (effective 2023-01-17).

“Effective January 17, 2023, pursuant to the terms of the Purchase Agreement, ZPRE elected to terminate the Purchase Agreement and the Purchase Agreement is of no further force or effect, except for those obligations and rights which survive its termination.”
Debt Financings

Zoned Properties, Inc. incurred loan of $4.5 million with East West Bank at prime rate plus 0.75% maturing 10 years after its effective date.

“The Swap Note has an original principal amount of $4.5 million. The Swap Note requires Zoned Arizona to pay monthly principal and interest payments to the Bank at an interest rate equal to the prime rate plus 0.75%. The Swap Note matures 10 years after its effective date”
Material Agreements

Zoned Properties, Inc. entered into Acknowledgement of Amendment and Reaffirmation of Guaranty with East West Bank valued at Reaffirms Guaranty and provides consent to First Amendment and Swap Note (effective 2022-12-07).

“On December 7, 2022, the Company executed an Acknowledgement of Amendment and Reaffirmation of Guaranty (the “Reaffirmation”) in favor of the Bank. The Reaffirmation reaffirms the Guaranty and provides the Company’s consent to the First Amendment and Swap Note.”
Material Agreements

Zoned Properties, Inc. entered into Amended and Restated Promissory Note (Swap Note) with East West Bank valued at Original principal amount of $4.5 million, interest rate prime plus 0.75%, matures 10 years, amortiz (effective 2022-12-07).

“Pursuant to the terms of the Loan Agreement and First Amendment, on December 7, 2022, Zoned Arizona issued an Amended and Restated Promissory Note (the “Swap Note”) to the Bank. The Swap Note has an original principal amount of $4.5 million. The Swap Note requires Zoned Arizona to pay monthly principal and interest payments to the Bank at an interest rate equal to the prime rate plus 0.75%. The Swap Note matures 10 years after its effective date and payments are calculated based on a 30-year amortization schedule.”
Material Agreements

Zoned Properties, Inc. amended First Amendment to Loan Agreement with East West Bank valued at Amendment to $4.5 million multiple access loan, electing Early Amortization Election (effective 2022-12-07).

“On December 7, 2022, Zoned Arizona and the Bank entered into a First Amendment to Loan Agreement (the “First Amendment”).”
Material Agreements

Zoned Properties, Inc. entered into Repurchase Agreement with FL MI RE 22, LLC, Ammar Kattoula and Thomas Nafso (effective 2022-11-29).

“On November 29, 2022, ZP Woodward, the Woodward Seller, Ammar Kattoula and Thomas Nafso (the Woodward Seller, Mr. Kattoula and Mr. Nafso collectively referred to as the “Repurchasers”) entered into a Real Estate Repurchase Agreement (the “Repurchase Agreement”).”
Material Agreements

Zoned Properties, Inc. entered into Woodward Lease with Rapid Fish 2 LLC (effective 2022-11-29).

“On November 29, 2022, ZP Woodward, as landlord, entered into a Licensed Cannabis Facility Absolute Net Lease Agreement (the “Woodward Lease”) with Rapid Fish 2 LLC, as tenant (“Woodward Tenant”), whereby ZP Woodward leased the Woodward Property to the Woodward Tenant.”
Material Agreements

Zoned Properties, Inc. entered into Master Agreement with FL MI RE 22, LLC, Ammar Kattoula and Thomas Nafso (effective 2022-11-29).

“On November 29, 2022, ZP Woodward, the Woodward Seller, Ammar Kattoula and Thomas Nafso entered into a Master Agreement for Purchase and Sale (the “Master Agreement”).”
Material Agreements

Zoned Properties, Inc. entered into Option Agreement with FL MI RE 22, LLC valued at $437,154 (effective 2022-12-01).

“On December 1, 2022, ZP RE MI Woodward, LLC (“ZP Woodward”), a wholly owned subsidiary of ZP RE Holdings, LLC, which is a wholly owned subsidiary of Zoned Properties, Inc. (the “Company”), entered into an Exclusive Option Agreement for the Purchase of Real Property (the “Option Agreement”), dated December 1, 2022 between ZP Woodward and FL MI RE 22, LLC (the “Woodward Seller”).”
Material Agreements

Zoned Properties, Inc. amended Kingman Second Amendment with CJK, Inc. (effective 2022-11-30).

“On November 30, 2022, Kingman Property Group, LLC (“Kingman”), a wholly owned subsidiary of the Company, and CJK entered into the Second Amendment (the “Kingman Second Amendment”) to the Licensed Medical Marijuana Facility Triple Net (NNN) Lease Agreement dated May 1, 2018 between Kingman and CJK, as previously amended by that First Amendment to the Licensed Medical Marijuana Facility Triple Net (NNN) Lease Agreement dated May 31, 2020 (as amended, the “Kingman Lease”).”
Material Agreements

Zoned Properties, Inc. amended Tempe Second Amendment with VSM LLC valued at $300,000 (effective 2022-11-30).

“On November 30, 2022, Zoned Arizona Properties, LLC (“Zoned Arizona”), a wholly owned subsidiary of Zoned Properties, Inc. (the “Company”), and VSM LLC (“VSM”) entered into that Second Amendment (the “Tempe Second Amendment”) to the Licensed Medical Marijuana Facility Triple Net (NNN) Lease Agreement dated May 1, 2018 between Zoned Arizona and CJK, Inc. (“CJK”), as previously amended by that First Amendment to the Licensed Medical Marijuana Facility Triple Net (NNN) Lease Agreement dated May 31, 2020 (as amended, the “Tempe Lease”).”
Earnings Releases

Zoned Properties, Inc. reported the third quarter ended September 30, 2022 results: revenue $614,988, net income net loss of $77,328.

“Revenues were $614,988 for the third quarter ended September 30, 2022, compared to $387,365 for the third quarter ended September 30, 2021, an increase of 58.8%.”
Earnings Releases

Zoned Properties, Inc. reported the nine months ended September 30, 2022 results: revenue $2,052,341, net income net loss of $142,087.

“Revenues were $2,052,341 for the nine months ended September 30, 2022, compared to $1,283,274 for the nine months ended September 30, 2021, an increase of 59.9%.”

Berekk Blackwell was appointed as President at Zoned Properties, Inc..

“On July 23, 2022, the Board of Directors of Zoned Properties, Inc. (the “Company”) appointed Berekk Blackwell, the Company’s Chief Operating Officer, as President of the Company, effective immediately.”

Daniel R. Gauthier was appointed as Chief Legal Officer, Chief Compliance Officer, and Corporate Secretary at Zoned Properties, Inc..

“approved the appointment of Daniel R. Gauthier as the Company’s Chief Legal Officer, Chief Compliance Officer, and Corporate Secretary.”

Daniel R. Gauthier was appointed as Chief Legal Officer, Chief Compliance Officer, and Corporate Secretary at Zoned Properties, Inc..

“On May 3, 2022, the Board of Directors (the “Board”) of Zoned Properties, Inc. (the “Company”) approved the appointment of Daniel R. Gauthier as the Company’s Chief Legal Officer, Chief Compliance Officer, and Corporate Secretary.”

Jody Kane was appointed as director at Zoned Properties, Inc..

“the Board appointed Mr. Kane as a director of the Company, to fill one of the newly created vacancies”

Berekk Blackwell was appointed as Chief Operating Officer at Zoned Properties, Inc..

“On July 1, 2021, the Board of Directors of Zoned Properties, Inc. (the “Company”) appointed Berekk Blackwell to serve as the Company’s Chief Operating Officer, effective immediately.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.