Zoned Properties Inc (OTCMKTS:ZDPY) is an excellent, overlooked real estate pot stock. ZDPY stock has more than doubled over the past year and could easily repeat that performance over the coming quarters.
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2021 Outlook
Management remains focused on the Company’s core competencies to bring high THC, as well as unique cultivars, to the Canadian market. As retail sales are ramped up, the Company plans to transition from a wholesale model to retail-only sales.
“WILL” – Cultivation Facility in Brampton, Ontario: During Q4 2020, the WILL Facility made its first sale through retail channels, selling approximately 266 kg in total, generating total revenue of $0.8 million. Total sales for 2020 were approximately 474 kg generating total revenue of $1.6 million (2019 – 413 kg, $2.0 million). Sales are expected to increase as the Company sells through additional retail channels. On March 29, 2021, the Company made its first shipment of recreational cannabis to the province of Alberta.