Zoned Properties Expands Real Estate Services with PropTech Data Projects

Rhea-AI Summary

Zoned Properties (OTCQB: ZDPY) has announced its investment in two new PropTech Data Project teams aimed at enhancing real estate solutions for regulated industries like cannabis. The projects focus on integrating Geographic Information Systems (GIS) for property identification and addressing consumer needs in brick-and-mortar retail. CEO Bryan McLaren emphasized the importance of these initiatives to streamline complex real estate development, leveraging data to meet the growing demands of the regulated cannabis market. Further updates on the projects are anticipated as they prepare for market launch.

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• Investment in PropTech Data Projects to enhance real estate solutions.
• Focus on GIS technology for better property identification in regulated markets.
• Aimed at improving consumer interaction in brick-and-mortar retail settings.

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• None.

Zoned Properties®, Inc. (the “Company”) (OTCQB: ZDPY), a leading real estate development firm for emerging and highly regulated industries including regulated cannabis, today announced its planned investment in and partnership with two new PropTech Data Project teams focused on providing solutions for real estate projects in regulated industries.

The core of our mission at Zoned Properties is to provide real estate services for emerging and regulated industries that can address the material pain points of complex real estate development projects. The PropTech data projects we have implemented will focus on solutions to those pain points from the very beginning of a project through its ongoing operational growth. Zoned Properties has pinpointed critical needs in regulated real estate markets starting from the identification of project sites to how the consumer and the community interacts with the built retail environment (i.e. brick and mortar). “These critical needs have proven to be some of the greatest challenges for project teams in emerging and regulated industries, and we look forward to providing some exciting solutions specific to the cannabis industry,” said Bryan McLaren, Chief Executive Officer.

Zoned Properties GIS Zoning & Mapping Project

• Geographic Information Systems (GIS) are typically created as a framework for gathering and analyzing base sets of data. Related to geography and mapping, GIS platforms have the ability to integrate various types of data that can provide a user with functional layers of information and spatial location using maps and 3D scenes. Locating properly zoned properties can be incredibly challenging in regulated industries as complex as cannabis and can be one of the most difficult early challenges faced by project teams. With our strategic partner and investment into the project, our goal is to utilize advanced property technology to provide solutions for property identification in regulated industries such as regulated cannabis.

Zoned Properties Brick & Mortar Retail Consumer Project

• Brick & Mortar retail has been experiencing a significant paradigm shift over the past few decades as consumer behaviors have been adapting along with the modern transformation of the retail experience. Emerging and highly regulated industries tend to create legislative policies that may require consumers to go back to brick & mortar, compared to less regulated industries where online tech giants have been dominating the consumer experience. With our strategic partner and investment into the project, our goal is to provide emerging and regulated industry operators with the tools to enhance the value of their brick & mortar real estate, through consumer-centric and brand-centric property technology solutions.

Individuals entering the regulated cannabis industry are increasing exponentially, either as consumers, goods and service providers, or local regulatory professionals. This growth has created a demand to identify, develop, and deliver specific needs for complex real estate projects from start to finish. To assist with these niche demands, Zoned Properties is looking to harness data and provide operations with information that can be organized, packaged, and better positioned to provide streamlined solutions to those individuals.

“For years, we have been navigating these projects organically because it was the only way to get the job done; searching, mapping, and putting the pieces together by hand. Our new focus on PropTech projects collaboration with our new partners are aiming to provide results at a large scale,” commented McLaren. “We look forward to providing further updates as these projects progress and prepare for launch into the marketplace.”

About Zoned Properties, Inc. (OTCQB: ZDPY):

Zoned Properties is a leading real estate development firm for emerging and highly regulated industries, including regulated cannabis. The company is redefining the approach to commercial real estate i

FAQ

What is Zoned Properties' investment in PropTech Data Projects about?

Zoned Properties is investing in two PropTech Data Project teams to improve real estate solutions for regulated industries, particularly cannabis.

How will GIS technology benefit Zoned Properties' projects?

GIS technology will facilitate the identification of properly zoned properties, addressing challenges in real estate development in regulated markets.

What consumer trends is Zoned Properties addressing with its retail project?

The project aims to enhance the value of brick-and-mortar retail properties in response to the shift in consumer behavior and regulatory pressures.

When can we expect updates on Zoned Properties' new projects?

Further updates on the PropTech projects are anticipated as they progress towards their market launch.