Zoned Properties, Inc. CEO Marc Brannigan Resigns, V.P. of Operations and CSO Bryan McLaren to Serve as Interim CEO

SCOTTSDALE, Ariz., March 31, 2014 /PRNewswire/ -- Zoned Properties, Inc. (OTC: ZDPY) http://www.zonedproperties.com, a lessor of land, facilities, and equipment to the medical marijuana industry announced that after careful consideration, the board has recommended that Marc Brannigan should step down as acting CEO and board member of the company. As such, effective immediately, Marc Brannigan has resigned as the company's CEO.

Zoned Properties, Inc. V.P. of Operations and Chief Sustainability Officer, Bryan McLaren, will serve as the company's interim CEO as the organization pursues its search for a permanent CEO.

Outgoing CEO Marc Brannigan has stated: "As this venture began, I previously stated that my position as CEO would be for a limited period of time and that more seasoned executives would have to take this company to the next level. Things are moving very fast at the company and it's now the perfect time for me to step down. The company has surrounded itself with very professional and competent people that will drive Zoned Properties to achieve its goals and create maximum shareholder value. I applaud this move as it's within the best interest of the company."

Interim CEO Bryan McLaren commented: "I would like to thank Mr. Brannigan for the work he has done as the founder of this organization. I wish him the best of luck as he pursues other ventures and am very excited to move into the next phase of our development."

Zoned Properties, Inc. expects to name new board members shortly who will assist Mr. McLaren in the pursuit to find the company's permanent CEO.

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

Zoned Properties, Inc. is a strategic real estate investment firm whose primary focus is acquiring commercial properties that face unique zoning challenges. Zoned Properties, Inc. will acquire commercial properties zoned within a variety of usage types such as industrial, agricultural, as well as mixed use. Zoned Properties, Inc. also targets commercial properties that can be acquired and potentially re-zoned for specific purposes.

For more information please visit http://www.zonedproperties.com

FORWARD-LOOKING STATEMENT AND DISCLOSURE: This press release contains forward-looking statements, including expected industry patterns and other financial and business results that involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from results expressed or implied by this press release. Such risk factors include, among others: the continuation of recent growth rates in the industry; the positioning of Zoned Properties, Inc. in the market; ability to integrate acquired properties and technology; ability to retain key employees; ability to successfully combine product offerings and customer acceptance of combined products; general market conditions, fluctuations in currency exchange rates, changes to operating systems and product strategy by vendors of operating systems; and whether Zoned Properties, Inc. can successfully execute their business plan. Actual results may differ materially from those contained in the forward-looking statements in this press release.

Investor Contact Information:
Investor Relations
Zoned Properties, Inc.
Phone: +1-877-360-8839
Email: [email protected]

SOURCE Zoned Properties, Inc.