Shares of Zoned Properties Inc. (OTCMKTS: ZDPY) have been moving within a narrow range after solid gains last year.
Market Reaction
On Friday , ZDPY stock ended flat at $0.8050 with more than 5.5K shares, compared to its average volume of 5.8K shares. The stock has moved within a range of $0.7950 – 0.8300 after opening trade at $0.8050.
Jody Kane Appointed to Board of Directors at Zoned Properties
Leading real estate development firm Zoned Properties, Inc. (OTCMKTS: ZDPY) has announced the appointment of Jody Kane to its Board of Directors. The company is one of the most sought after real estate companies in the commercial cannabis space, with excellent potential for further growth and value creation, while executing its business strategy. Mr. Kane is thrilled to join the team and be a part of this journey.
Mr. Jody Kane is co-founder and Managing Partner of Diamond Bridge Capital, where he manages a portfolio of public and private investments primarily focused on the small cap sector. He also acts in an advisory capacity at Harbor Access, LLC, a U.S. and Canadian based investor relations firm, where he counsels companies on corporate strategy and investor awareness.
He has a long and distinguished career in the investment management business, having previously worked at the multi-billion dollar Schonfeld Group hedge fund, serving as a published analyst at Sidoti & Co. and for the billion dollar Michael Steinhardt family office.
Bryan McLaren, Chief Executive Officer of Zoned Properties, commented that they are always looking to add experienced and skilled executives to the leadership team with specific qualifications that will align with the company’s mission and vision. The inclusion of Jody Kane ensures they have an expert with vast experience in capital markets, real estate investing, and the cannabis sector.
Key Quote
“We continue to add strong and experienced executives to our leadership team at Zoned Properties. Our expanding team brings specific skill sets and qualifications that we believe will greatly contribute to the Company’s mission and vision,” said Bryan McLaren, Chief Executive Officer of Zoned Properties. “The addition of Jody Kane to our Board of Directors brings a wealth of experience in capital markets, real estate investing, and the cannabis sector. I am very honored to have Mr. Kane on our team.”
Traders Review
ZDPY stock is trading above the 20-Day and 50-Day Moving averages of $0.79 and $0.81 respectively. Moreover, the stock is trading above the 200-Day moving average of $0.72.
