UC Asset, LP (OTCPK:UCAS.U) entered into a MOU to acquire a 10,000 Square Foot Cannabis Cultivation Property in the State of Oklahoma for $1.875 million on January 13, 2023. The non-cash acquisition will be closed through the issuance of 2.5 million preferred shares of UC Asset to the current property owner. Those preferred shares will have a fixed conversion rate of 1:1.

UC Asset, LP (OTCPK:UCAS.U) completed the acquisition of a 10,000 Square Foot Cannabis Cultivation Property in the State of Oklahoma on January 17, 2023.