I just found an item while looting I don't recognize - "Smelling Salt." An ideas on what it is for?

Just looted it, seems like it's either going to be a crafting item or just a useless item in the future.

I thought the same thing, but didn't see it in any of the crafting items. I guess I will just park it in a safehouse and see what happens. Maybe it can be used when someone is "killed" as opposed to waiting for someone to come along or spending SP?

I think that would be a good idea to use it for when your killed

why don't you hang on to it, just in case it proves useful later?

Of course; that is why I am going to "park it in a safehouse" as I mentioned above. Might be valuable at some point, or it might be another wallet... LOL