Zoned Properties Engaged in Strategic Advisory & Sale Leaseback Discussions for Multiple Locations

SCOTTSDALE, Ariz., Jan. 16, 2018 /PRNewswire/ -- Zoned Properties, Inc. (OTCQX: ZDPY), a strategic real estate development firm whose primary mission is to identify, develop, and lease sophisticated, safe, and sustainable properties in emerging industries, including the licensed medical marijuana industry, today announced that the Company is in discussions with a number of prospective clients to develop licensed medical marijuana facilities located in California, Colorado, Florida and Texas.

"Building on the legislative momentum of the past two years, at least 12 states are considering marijuana legalization in 2018," commented Bryan McLaren, Chief Executive Officer of Zoned Properties. "We're uniquely positioned to play a critical role as the strategic advisor for development of future medical marijuana projects. Through our Strategic Advisory Services, we provide clients with comprehensive due diligence and organizational assessments for targeted development properties. Our extensive industry knowledge and track record of success enables us to identify risks and design roadmaps to ensure a project's success. Leveraging our strategies in Arizona and Colorado to pursue select opportunities in other states, we're engaging with prospective clients to establish a basis for future sale leaseback transactions."

"The accelerating legislative changes and policy reforms will create the need for experienced advisors to help clients navigate the licensed medical marijuana industry," concluded McLaren. "We are allocating our resources selectively to optimize opportunities to grow our portfolio."

Zoned Properties' Strategic Advisory Services provides clients with comprehensive due diligence and an organizational assessment for properties under consideration for development, as well as master planning, architectural design and construction management.

About Zoned Properties, Inc. (ZDPY):

Zoned Properties is a strategic real estate development firm whose primary mission is to identify, develop, and lease sophisticated, safe, and sustainable properties in emerging industries, including the licensed medical marijuana industry. Zoned Properties is an accredited member of the Better Business Bureau, the Forbes Real Estate Council, and the U.S. Green Building Council. The Company focuses on the strategic development of commercial properties that face unique zoning challenges; identifying solutions that could potentially have a major impact on cash flow and property value. Zoned Properties targets commercial properties that can be acquired and re-zoned or permitted for specific purposes. Zoned Properties does not grow, harvest, sell or distribute cannabis or any substances regulated under United States law such as the Controlled Substances Act.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical facts included in this press release are forward-looking statements. In some cases, forward-looking statements can be identified by words such as "believe," "expect," "anticipate," "plan," "potential," "continue" or similar expressions. Such forward-looking statements include risks and uncertainties, and there are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors, risks and uncertainties are discussed in the Company's filings with the Securities and Exchange Commission. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond the Company's control which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company's current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

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SOURCE Zoned Properties, Inc.