# Zoned Properties, Inc. (ZDPY) — divestiture/joint_venture [pending]
Source: SEC API (secapi.ai) · situation sit_a4640e7d75bf7424abd3 · retrieved 2026-08-11T15:53:10.816Z

## Overview
Zoned Properties, Inc. is a technology-driven property investment company focused on acquiring value-added real estate within the regulated cannabis industry in the United States, with a national ecosystem of real estate services including a commercial real estate brokerage and real estate advisory practice.

On January 15, 2026, Zoned Properties, Inc. and its subsidiaries (Zoned Arizona Properties, LLC; ZP RE AZ Dysart, LLC; and ZP RE Holdings, LLC) entered into an Asset Purchase Agreement with BPB Partners, LLC, owned by the company's Chairman/CEO Bryan McLaren, President/COO Berekk Blackwell, and employee Patrick Moroney, to sell substantially all of the company's business and assets for a purchase price of $7,000,000, less assumed indebtedness, subject to adjustments. The assets include three real properties in Arizona and Illinois, membership interests in operating subsidiaries, intellectual property, contracts, and other operational assets. The transaction is structured on a debt-free, cash-free basis with BPB assuming specified liabilities. Stockholder approval is required by September 11, 2026, with closing expected by September 30, 2026, subject to a potential 90-day extension.

## Terms
- Counterparty: BPB Partners, LLC · Deal value: $7.0M · Consideration: cash

## Key dates
- Announced 2026-07-30 · Vote 2026-09-11 · Expected close 2026-09-30

## Timeline
- 2026-07-30 · DEFM14A (0001213900-26-083087): DEFM14A - Zoned Properties, Inc. — *Zoned Properties, Inc. is a technology-driven property investment company focused on acquiring value-added real estate within the regulated cannabis industry in the United States, with a national ecosystem of real estate services including a commercial real estate brokerage and real estate advisory practice.* On January 15, 2026, Zoned Properties, Inc. and its subsidiaries (Zoned Arizona Properties, LLC; ZP RE AZ Dysart, LLC; and ZP RE Holdings, LLC) entered into an Asset Purchase Agreement with BPB Partners, LLC, owned by the company's Chairman/CEO Bryan McLaren, President/COO Berekk Blackwell, and employee Patrick Moroney, to sell substantially all of the company's business and assets for a purchase price of $7,000,000, less assumed indebtedness, subject to adjustments. The assets include three real properties in Arizona and Illinois, membership interests in operating subsidiaries, intellectual property, contracts, and other operational assets. The transaction is structured on a debt-free, cash-free basis with BPB assuming specified liabilities. Stockholder approval is required by September 11, 2026, with closing expected by September 30, 2026, subject to a potential 90-day extension.
  https://www.sec.gov/Archives/edgar/data/1279620/0001213900-26-083087.txt

## Citations
- 0001213900-26-083087 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000121390026083087