Zoned Properties, Inc.’s mission is to pioneer sustainable development in the emerging cannabis industry. Their latest effort is a $100,000 strategic investment and partnership with a start-up cannabis franchise organization.
Bryan McLaren, Zoned Properties CEO, stated that, “With this strategically placed investment, we are thrilled to formalize our partnership with an exciting and innovative new organization. The founders of the start-up cannabis’s franchise organization have significant industry experience that we believe will be an important growth driver for Zoned Properties. We plan to release further details about the partnership and the start-up organization in the coming months.”
The $100,000 investment takes the form of a 5-year Convertible Debenture, with interest at 6.5% per year. Additionally, McLaren will serve on the franchise’s management committee, providing advisory experience and overseeing Zoned Properties’ investment. With full conversion of the Convertible Debenture, Zoned Properties would hold 33% membership within the cannabis franchise.
Zoned Properties’ development strategies aim to have a major impact on the franchise’s property value and cash flow. Their team of experienced professionals combined with a methodology of best practices for real estate and sustainability services help their cannabis related clients to thrive in the high-risk environment of regulated cannabis.
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