What Zoned Properties does

Zoned Properties (OTCQB: ZDPY) is a Scottsdale, Arizona-based commercial real estate services firm operating exclusively in the regulated cannabis industry. Founded in 2003 with a team of 1-10 employees, the company serves cannabis operators across the value chain, including cultivation sites, retail dispensaries, microbusiness applicants, and multi-state operators (MSOs). The firm currently operates across eight U.S. states: Arizona, Illinois, Michigan, Missouri, Maryland, Ohio, California, and New Jersey.

The company's core technology is its proprietary GIS-based platform, Z-Maps, which overlays municipal zoning designations, setback requirements, and cannabis-specific regulatory data to identify compliant real estate opportunities. This platform underpins a Zoning Verification Letter product line and supports the company's four service divisions: Property Technology, Advisory Services, Commercial Brokerage (operated through subsidiary Zoned Properties Brokerage, LLC), and Investment Portfolio management. Revenue is generated through transaction-based brokerage commissions, advisory service fees, and rental/lease income from owned cannabis-zoned properties. The customer base includes operators such as Sonoran Roots, Hana Dispensaries, and John Elliot.

In January 2026, Zoned Properties announced a $16 million asset liquidation program comprising approximately $9 million in Arizona real estate sales and a $7 million management buyout, with shareholder voting expected in Q2 2026. Reported financials include 2025 revenue of approximately $4.14 million (up 9.2% year-over-year), a 2025 net loss of $2.85 million driven primarily by impairment charges, and Q1 2026 revenue of $1.17 million (up 20.3% year-over-year) with operating cash flow of $1.63 million (up 393.1% year-over-year).

Name

Zoned Properties

Legal name

Zoned Properties, Inc.

Website

https://zonedproperties.com/

Company type

Public

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

Zoned Properties is a Scottsdale-based commercial real estate services firm serving the regulated cannabis industry through proprietary GIS-enabled site identification, brokerage, advisory, and investment portfolio services across eight U.S. states.

Ownership category

akta.pro rank

Product category

Cannabis Real Estate Services

NAICS

Lessors of Real Estate (5311), Lessors of Nonresidential Buildings (except Miniwarehouses) (53112)

SIC

Real Estate Agents & Managers (For Others) (6531), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Land & Development Site Brokerage (BPAJABAG)

Keywords

• Cannabis real estate
• Commercial brokerage
• Site identification
• Property technology
• Zoning compliance

Headquarters

HQ city

Scottsdale

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Commercial Real Estate Services: Revenue generated from commercial real estate services including site identification, property brokerage, advisory services, and investment portfolio management for cannabis operators.
2. Property Investment Portfolio: Rental and lease income from company's owned commercial real estate properties in the regulated cannabis industry, including properties in Arizona (Chino Valley, Green Valley, Kingman), Illinois, and Michigan.
3. Asset Liquidation Proceeds: Strategic exit through asset liquidation: $9 million exclusive option for Arizona properties and $7 million management buyout of remaining assets totaling $16 million.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Zoned Properties provides commercial real estate services for the regulated cannabis industry through an integrated platform of site identification, commercial brokerage, advisory services, and investment portfolio management. The company's property technology division uses an in-house GIS mapping team and Z-maps interactive green zone maps to overlay zoning designations, setbacks, and cannabis-specific regulations to identify compliant properties for cultivators, dispensaries, and multi-state operators.

Product overview

Zoned Properties is a technology-driven commercial real estate company focused on the regulated cannabis industry, operating a platform of integrated services including Site Identification, Commercial Brokerage, Advisory Services, and Investment Portfolio. The company's Property Technology division provides Z-maps (custom interactive green zone maps) and Zoning Verification Letters (ZVL) to help cannabis operators identify and secure compliant real estate properties. The services are designed to work together within a unified model where the Property Technology, Advisory Services, Commercial Brokerage, and Investment Portfolio divisions cross-pollinate to drive project value for complex cannabis real estate projects.

Differentiator

Problem solved

Functional benefit

Products and services

• Site Identification

Quantifiable outcome

• 5 of 16 winning applicants in Missouri's Microlicense round utilized Zoned Properties for compliant site identification
• +1 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core and minor.

• WeCanncoreStrategic or Co-development Partner · 1 December 2023WeCann partnered with Zoned Properties for educational webinars on Missouri Microbusiness licensing, providing industry expertise on cannabis regulations and application processes.
• GreenSpace ProcoreStrategic or Co-development Partner · 1 December 2023GreenSpace Pro collaborated with Zoned Properties on webinars covering Missouri cannabis microbusiness opportunities, offering strategic guidance on license applications and real estate requirements.
• Missouri Cannabis ExpertsminorImplementation/ SI/ Consulting PartnerPartnership with Missouri cannabis application experts to help clients submit qualifying microbusiness license applications using Zoned Properties' compliant real estate.

Scale indicators6 records

Recent moves7 records

Expansion highlights4 records

Broad incumbents

• CBRE Group: World's largest commercial real estate services firm with active cannabis and specialty-use property teams. Provides overlapping brokerage, advisory, and investment services that compete with Zoned's full-spectrum model at enterprise scale.
• Kidder Mathews: Major independent commercial real estate firm on the West Coast with a notable cannabis industry practice (Patrick Moroney was one of its most successful associate brokers in regulated cannabis). Direct overlap in cannabis-focused brokerage services.
• Colliers International: Global commercial real estate services and investment management firm where Patrick Moroney previously worked. Offers brokerage and advisory services overlapping with Zoned's cannabis real estate practice.
• JLL: Global commercial real estate services and investment management firm with a dedicated cannabis advisory practice. Competes with Zoned for advisory, brokerage, and capital markets mandates in regulated cannabis.
• Cushman & Wakefield: Global commercial real estate services firm with an established cannabis real estate practice. Patrick Moroney worked there previously. Competes with Zoned for large MSO mandates while serving a much broader client base.

Direct peers

• Innovative Industrial Properties: Publicly traded cannabis-focused REIT that acquires and leases industrial real estate to licensed cannabis operators. Overlaps directly with Zoned's investment portfolio and landlord services for cannabis tenants.
• NewLake Capital Partners: Cannabis-focused real estate investment company providing sale-leaseback and capital solutions to licensed cannabis operators. Competes with Zoned's investment portfolio division for cannabis real estate capital deployment.

Emerging players

• CannaMLS: Cannabis-focused commercial real estate listing platform connecting cannabis operators with compliant properties. Competes with Zoned's Z-maps site identification value proposition in the same buyer journey.
• High Street Realty: Specialized commercial real estate brokerage focused on cannabis retail and cultivation site selection. Closest direct competitor to Zoned in the cannabis-specific brokerage niche.
• Silverpeak Real Estate: Boutique commercial real estate firm with cannabis and specialty retail expertise. Comparable to Zoned in offering targeted brokerage and advisory services to cannabis operators and other regulated industries.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ZonedProperties
• LinkedInlinkedin.com/company/zoned-properties
• Instagraminstagram.com/zonedproperties

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Zoned Properties