Strategic Management and Opportunity Corporation (OTCPK:SMPP) entered into a binding letter of intent to acquire US Canniceuticals, LLC on February 25, 2019. Strategic Management and Opportunity Corporation (OTCPK:SMPP) completed the acquisition of US Canniceuticals, LLC for $0.2 million on March 25, 2019. The consideration will be paid in combination of cash and Restricted U.S stock over a 5 year period.