Gerard Polino's questions to Zoned Properties (ZDPY) leadership • Q3 2016
Question
Gerard Polino, a Private Investor, inquired about the allocation of the $553,000 in capital expenditures and the company's plans for geographic expansion beyond Arizona.
Answer
CEO Bryan McLaren explained that the capital expenditures were for phased construction and expansion at the Chino Valley and Tempe, Arizona cultivation facilities. He also confirmed active expansion plans, detailing a project under contract in Colorado and the vetting of opportunities in other states including Illinois, Oregon, Washington, Pennsylvania, Arkansas, and Florida.