SCOTTSDALE, Ariz., Jan. 7, 2016 /PRNewswire/ -- Zoned Properties, Inc. (OTCQX: ZDPY), a strategic real estate development firm whose primary mission is to identify, develop, and manage sophisticated, safe, and sustainable properties in emerging industries, including the licensed medical marijuana industry, today announced that Patricia Haugland has resigned as the Company's Chief Operating Officer effective January 28, 2016. Bryan McLaren, Chief Executive Officer, will assume her responsibilities and the Company intends to utilize regional, contracted project managers on an as-needed basis to maintain close oversight of projects and reduce costs.
Mr. McLaren commented, "We thank Patricia for her professionalism and diligence in helping us to reach this point in our evolution, and wish her best in the future. We are sorry she has decided to leave the company, but her efforts have positioned Zoned Properties to effectively utilize outsourced project managers on an as-needed basis going forward, helping us keep our expenses low and giving us significant flexibility."
About Zoned Properties, Inc. (OTCQX: ZDPY):
Zoned Properties, Inc. is a strategic real estate development firm whose primary mission is to identify, develop, and manage sophisticated, safe, and sustainable properties in emerging industries. The Company acquires commercial properties that face unique zoning challenges and identifies solutions that can potentially have a major impact on the cash flow and value generated. Zoned Properties, Inc. targets commercial properties that can be acquired and potentially re-zoned 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.
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SOURCE Zoned Properties, Inc.