An Introduction to Zoned Properties
A Picocap Stock Trading on the OTCQB
Why am I interested in Zoned Properties (ZDPY)?
👍 I like companies with multiple paths to success, and limited paths to failure.
On paper, ZDPY looks like a mess of buzzwords: AI, cannabis, zoning tech, real estate. Individually - none of this grabbed my attention.
ZDPY was a “discord requested stock” where I was asked by a paying subscriber to take a closer look.
A real estate stock with no dividends 👎 I prefer REIT’s with dividends.
AI-driven zoning decisions? 👎 Cool, but AI is everywhere now.
Cannabis exposure? 👎 Thanks, but not really something I’m looking for.
So why am I still talking about ZDPY?
Because when you zoom out and do some research, the different parts start to click into place.
ZDPY is quietly building a system — not just buying property or licensing tech, but structuring real estate deals in restrictive environments (regulated cannabis retail dispensaries) with layers of protection, good upside, and future flexibility. It’s small (~$5M market cap) but everything they do feels deliberate and thoughtful - like they should be a larger company.
What I thought would be a waste of time and research, turned into something surprisingly more compelling.
To understand ZDPY you have to break into three pieces, and see how this all fits together:
Primarily a Real Estate Investment Company (REIC), with 100% leased properties and long-term upside for patient investors.
Specialized service experts in navigating restricted zoning and structuring high-barrier customizable real estate deals, which gives them flexibility.
Potential in a proprietary SaaS AI product (REZONE) that could become its own growth engine - higher risk but possible higher returns (and more exciting).
It’s not often I come across a picocap company with this many ways to win and so few ways to truly lose.
So let’s break it down.