Highest-materiality recent filing
Closed sale of Woodward Property (23600-23634 Woodward Ave, Ferndale/Pleasant Ridge, MI) for $700,000 cash.
Sale price $9.0M: $8M for Chino Valley, $500K each for Kingman and Green Valley properties.
Zoned Properties reports FY2025 net loss, impairment charges, and liquidation plan
Total revenues $4.14M (+9.2% YoY); net loss $2.85M ($0.24/sh) vs prior year net income $0.57M.
Zoned Properties cancels unvested options, grants restricted stock to execs and directors
CEO Bryan McLaren salary increased 10% to $275,000; President Berekk Blackwell to $210,000.
MBO purchase price $7M for all remaining assets; plus $9M option on CKG properties for gross total up to $16M.
Zoned Properties enters amended leases with $9M purchase option for three cannabis properties
Entered 14-year A&R leases for three Arizona cannabis properties, contingent on tenant change of control to A&R Consultants.
Zoned Properties Q3 net income up 164% YoY to $155K; nine-month net income +166%
Q3 net income $155,197 ($0.02/diluted share) vs $58,872 in Q3 2024, +164%.
Zoned Properties Q2 net income of $26,326, revenue up 35% YoY
Total Q2 revenues of $937,774 (+35% YoY); six-month revenue $1.91M (+25%).
Zoned Properties Q1 revenue up 16%, net income +51%; Ohio acquisitions with Trulieve, Verano
Revenue $974,552 (+16% YoY); net income $144,858 (+51%); EPS $0.01 per share.
FY2024 revenue $3.79M (+31% YoY); net income $574K vs loss of $540K in 2023 (+206%).
Zoned Properties Q3 2024 revenue up 43% to $1.03M; operating income jumps 806%
Revenue of $1,029,630 for Q3 2024, up 43% YoY; property portfolio revenue up 18%.
Zoned Properties Q2 2024: net loss $0.00 EPS but operating income up 59%; expands portfolio
Q2 total revenues $692K (-10% YoY); property investment revenues $679K (+11% YoY).
Zoned Properties secures 5 Ohio properties with multi-state operators for adult-use licenses
Five properties secured in Ohio with Tier 1 and Tier 2 multi-state operators; preliminary state approval received.
Zoned Properties acquires Surprise, AZ property; annualized rental revenue reaches $3M
Acquired property in Surprise, AZ for ~$1.60M including purchase price, closing costs, and developer improvements.
Zoned Properties Q1 revenue +22% to $837K, net income $96K vs loss, launches $1M buyback
Revenue $837,052 vs $688,024 (+22%); net income $96,473 ($0.01 EPS) vs net loss $309,648.
Zoned Properties approves $1M common stock repurchase program with unlimited duration
Board authorized repurchase of up to $1 million of common stock over an unlimited time period.
FY2023 revenue $2.89M (+8.5% YoY); income from operations $169K vs loss of $109K in 2022.
Total investment of ~$1.75M includes purchase price, closing costs, and seller improvements; $1.0M tenant improvement allowance for Sunday Goods.
Purchased Ashland Avenue Property in Chicago for ~$1.6M inclusive of closing costs; leased to Justice Cannabis Co.’s BLOC Dispensaries.
Zoned Properties posts Q3 net income $114.5K, revenue up 17% YoY
Q3 revenue $720,450 (+17% YoY); nine-month revenue $2.18M (+6%).
Zoned Properties Q2 revenue up 55% to $772,617, swings to net income of $42,159
Revenue $772,617 (+55% YoY) for Q2 2023; net income $42,159 vs net loss $39,063 in Q2 2022.
Zoned Properties Q1 revenue down 26% to $688K; net loss widens to $310K
Total revenue $688K, down 26% YoY; property investment portfolio revenue $610K, up 56.5%.
Dismissed D. Brooks and Associates CPA's, P.A. on April 18, 2023; no audit disagreements in prior two fiscal years.
Revenue $2.66M (+46% YoY); net loss $574K vs $166K loss in 2021.
Acquired Pleasant Ridge, MI property for $4.3M, including $1.85M seller financing.
Paid $437,154 for exclusive 90-day option to purchase three parcels in Pleasant Ridge, Michigan for $1,020,000.
Green Dot Labs becomes new primary tenant at Zoned Properties' Tempe property via lease assignment and amendment.
Zoned Properties subsidiary signs $1.5M deal to buy Tucson property for cannabis use
Purchase price $1.5M; $25K earnest money deposit; property at 3008 N Stone Ave, Tucson, AZ.
Zoned Properties Q2 net loss $39K; six-month revenue up 60% to $1.44M; new $4.5M debt facility
Revenue for six months ended June 30, 2022: $1,437,353 (+60.4% YoY); net loss $64,759 vs net income $41,259 prior year.
Zoned Properties Q2 net loss of $39K vs net income $113K year ago; revenue down 9.3%
Revenue for six months ended June 30, 2022 rose 60.4% to $1.44M from $896K; net loss of $64.8K vs net income of $41.3K.
Zoned Properties Q1 revenue up 171% to $939K; net loss narrows to $26K
Revenue $938,701 vs $345,845 YoY, +171.4%; operating expenses $929,183 (+138.7%).
On April 23, 2025, the following members of the Board submitted their respective resignations as Board members: Alex McLaren, Derek Overstreet and Jody Kane.
On April 23, 2025, the following members of the Board submitted their respective resignations as Board members: Alex McLaren, Derek Overstreet and Jody Kane.
On April 23, 2025, the following members of the Board submitted their respective resignations as Board members: Alex McLaren, Derek Overstreet and Jody Kane.
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.
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.
approved the appointment of Daniel R. Gauthier as the Company’s Chief Legal Officer, Chief Compliance Officer, and Corporate Secretary.
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.
the Board appointed Mr. Kane as a director of the Company, to fill one of the newly created vacancies
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.
Max materiality 0.90 · Median 0.60 · Most common event other_material