$NUGS Overview - Updated September 10, 2026
New CEO: Richard C Hawkins
Backstory
- Came off EM August 27, 2026.
- Court proceedings have eliminated $14.6M in legacy liabilities including $1.395M in convertible debt notes.
- No convertible debt as at end-2026 Q2 [source: 2026 Q2 Report]
- 2,701.104 Common shares cancelled + all 12,457,086 Preferred C shares cancelled.
- Richard C Hawkins controls the company via one Series B super-voting share which has no conversion rights - so no potential dilution to common shareholders.
- 1st PR for new company on September 10, 2026 announced the new business - see relevant section below.
Acquisition of Adport - Mobile Out-of-Home Advertising Technology Business [source: PR September 10, 2026]
- Announced LOI to acquire all the intellectual property and operating assets of Adport Inc -a company developing measurement hardware and software for the out-of-home advertising market.
- Out-of-home advertising - including billboards, transit signage and street furniture - is one of the few channels where buyers have historically had limited direct evidence of who actually saw an ad.
- Audience figures are commonly derived from traffic counts and modeled estimates rather than from observation at the point of display.
- A traffic count describes how many vehicles or pedestrians passed a location - it does not describe how many looked.
- Adport’s approach is to put the measurement inside the display. The company develops a portable, battery-powered advertising screen with an integrated sensor unit that analyzes the scene locally and sends statistical outputs - including counts, dwell time and engagement measures - to Adport’s platform without transmitting images or video.
- See PR for more details.
About The CEO - Richard C Hawkins - Quotes In 1st PR [source: PR September 10, 2026]
- Mastermind behind $AGCI $AEFI $MIXE $AMFN and now $NUGS.
- "I am a staunch advocate for shareholders, and this Company was brought back to a clean, current corporate footing for their benefit."
- "My thesis is straightforward: I take quality companies with disruptive technology public through shells that had a storied past and were then abandoned, restore them, and finance them responsibly, with the goal of becoming SEC reporting and uplisting to a major exchange."
- "For too long, development-stage companies were listed on an exchange prematurely and then diluted through toxic financing, with retail investors bearing the cost. I am endeavoring to do the inverse, starting on the OTC and methodically achieving the milestones that build value."
- "I want to make the OTC great again."
Comment From Adport CEO - Solomon Hayun
- “We are excited about the prospect of combining with NUGS. This structure would let us grow Adport collectively as a public company, with the access to capital and the currency that public status provides. Our objective from there is to build the business to a scale that supports an application to uplist to a major exchange, and we have set aggressive internal growth targets that our team intends to meet.”
PRs - 2026
News - September 10, 2026. Cannabis Strategic Ventures, Inc. (OTC: NUGS) Signs Letter of Intent to Acquire Adport, a Mobile Out-of-Home Advertising Technology Business
https://www.otcmarkets.com/stock/NUGS/news/Ca...?id=534670
Share Structure - As At September 8, 2026
No change to Outstanding Shares since coming off EM - no dilution
Authorized Shares: 988,000,000
Outstanding Shares: 402,294,983
- Restricted: 138,937,236
- Unrestricted: 263,357,747
Held At DTC: 258,250,949
Note 1: It is only the Held At DTC Shares count that is relevant to immediate trading provided this was updated at the same time as the Outstanding Shares count
Note 2: Extremely thin to the upside with only 258M shares Held At DTC for a stock in the .0131 > .1 range
Trading After Coming Off EM
On August 27, 2026 - 1st day off EM - opened .0090 - hod .0899 - closed .0162 on 25M traded.
While on EM, there were 176 beneficial shareholders [source: otcmarkets.com], so any pre-EM holders who wanted to exit had ample opportunity to do so and probably didn't even realize $NUGS was now a Richard C Hawkins ticker as a number posted they had no idea why it was moving.
A number of traders who bought on August 27, 2026 undoubtedly chased to get at least a starter position knowing that it was a Hawkins reverse merger ticker which hadn't yet PR'ed the takeover and debt elimination, let alone the new business
On August 28, 2026, a number of significant, top OTC traders caught up with developments and were scaling in all day - all of it at prices slightly cheaper than the close the previous day - mainly through large ask buying - especially when calling the bluff of MMs who walked down asks in attempts to get bids fills and lost their shares on the ask almost immediately.
These included significant buys of 300K at .0160 (at open) - largest buy 880K - several 300K / 500K buys - and multiple 50K batches - majority overall in the .0120 > .0160 range - closed .0149 ask almost gone and paint down on .0147 bid - on a total of 6M traded.
On September 10, 2026 - the day of the 1st PR announcing the new business direction - gapped up at open with buys of 395K at .0200 from a previous close at .0110.
A number of people not paying attention failed to cancel left over asks before the open and immediately afterwards down to .0120 including a massive (for this) 9.4M at .0131.
Walked down asks below .0131 were rapidly bought out and then 3.1M of the 9.4M were bought - including 3 x 1M buys - with the remainder counting down correctly to 6.3M left. All other MMs moved way up.
Catalysts Ahead
Expect to see:
- Update to the Company Profile / Business Description at otcmarkets.com - the cannabis business shown was abandoned under previous ownership [source: 2026 Q2 Report]
- Further PRs on a regular basis updating on the new business direction and most probably a name change and ticker change - leading to surges, excellent trading opportunities and large spreads when bidders get left behind.
Website: https://getadport.com/
=================================================================================================
Not a financial advisor - just stating what I'm basing my trading decisions on.
I will be holding some $NUGS in my portfolio throughout 2026 and into future years for the long-term, trading some on surges from the bottom up too and reloading on any dips.
New CEO: Richard C Hawkins
Backstory
- Came off EM August 27, 2026.
- Court proceedings have eliminated $14.6M in legacy liabilities including $1.395M in convertible debt notes.
- No convertible debt as at end-2026 Q2 [source: 2026 Q2 Report]
- 2,701.104 Common shares cancelled + all 12,457,086 Preferred C shares cancelled.
- Richard C Hawkins controls the company via one Series B super-voting share which has no conversion rights - so no potential dilution to common shareholders.
- 1st PR for new company on September 10, 2026 announced the new business - see relevant section below.
Acquisition of Adport - Mobile Out-of-Home Advertising Technology Business [source: PR September 10, 2026]
- Announced LOI to acquire all the intellectual property and operating assets of Adport Inc -a company developing measurement hardware and software for the out-of-home advertising market.
- Out-of-home advertising - including billboards, transit signage and street furniture - is one of the few channels where buyers have historically had limited direct evidence of who actually saw an ad.
- Audience figures are commonly derived from traffic counts and modeled estimates rather than from observation at the point of display.
- A traffic count describes how many vehicles or pedestrians passed a location - it does not describe how many looked.
- Adport’s approach is to put the measurement inside the display. The company develops a portable, battery-powered advertising screen with an integrated sensor unit that analyzes the scene locally and sends statistical outputs - including counts, dwell time and engagement measures - to Adport’s platform without transmitting images or video.
- See PR for more details.
About The CEO - Richard C Hawkins - Quotes In 1st PR [source: PR September 10, 2026]
- Mastermind behind $AGCI $AEFI $MIXE $AMFN and now $NUGS.
- "I am a staunch advocate for shareholders, and this Company was brought back to a clean, current corporate footing for their benefit."
- "My thesis is straightforward: I take quality companies with disruptive technology public through shells that had a storied past and were then abandoned, restore them, and finance them responsibly, with the goal of becoming SEC reporting and uplisting to a major exchange."
- "For too long, development-stage companies were listed on an exchange prematurely and then diluted through toxic financing, with retail investors bearing the cost. I am endeavoring to do the inverse, starting on the OTC and methodically achieving the milestones that build value."
- "I want to make the OTC great again."
Comment From Adport CEO - Solomon Hayun
- “We are excited about the prospect of combining with NUGS. This structure would let us grow Adport collectively as a public company, with the access to capital and the currency that public status provides. Our objective from there is to build the business to a scale that supports an application to uplist to a major exchange, and we have set aggressive internal growth targets that our team intends to meet.”
PRs - 2026
News - September 10, 2026. Cannabis Strategic Ventures, Inc. (OTC: NUGS) Signs Letter of Intent to Acquire Adport, a Mobile Out-of-Home Advertising Technology Business
https://www.otcmarkets.com/stock/NUGS/news/Ca...?id=534670
Share Structure - As At September 8, 2026
No change to Outstanding Shares since coming off EM - no dilution
Authorized Shares: 988,000,000
Outstanding Shares: 402,294,983
- Restricted: 138,937,236
- Unrestricted: 263,357,747
Held At DTC: 258,250,949
Note 1: It is only the Held At DTC Shares count that is relevant to immediate trading provided this was updated at the same time as the Outstanding Shares count
Note 2: Extremely thin to the upside with only 258M shares Held At DTC for a stock in the .0131 > .1 range
Trading After Coming Off EM
On August 27, 2026 - 1st day off EM - opened .0090 - hod .0899 - closed .0162 on 25M traded.
While on EM, there were 176 beneficial shareholders [source: otcmarkets.com], so any pre-EM holders who wanted to exit had ample opportunity to do so and probably didn't even realize $NUGS was now a Richard C Hawkins ticker as a number posted they had no idea why it was moving.
A number of traders who bought on August 27, 2026 undoubtedly chased to get at least a starter position knowing that it was a Hawkins reverse merger ticker which hadn't yet PR'ed the takeover and debt elimination, let alone the new business
On August 28, 2026, a number of significant, top OTC traders caught up with developments and were scaling in all day - all of it at prices slightly cheaper than the close the previous day - mainly through large ask buying - especially when calling the bluff of MMs who walked down asks in attempts to get bids fills and lost their shares on the ask almost immediately.
These included significant buys of 300K at .0160 (at open) - largest buy 880K - several 300K / 500K buys - and multiple 50K batches - majority overall in the .0120 > .0160 range - closed .0149 ask almost gone and paint down on .0147 bid - on a total of 6M traded.
On September 10, 2026 - the day of the 1st PR announcing the new business direction - gapped up at open with buys of 395K at .0200 from a previous close at .0110.
A number of people not paying attention failed to cancel left over asks before the open and immediately afterwards down to .0120 including a massive (for this) 9.4M at .0131.
Walked down asks below .0131 were rapidly bought out and then 3.1M of the 9.4M were bought - including 3 x 1M buys - with the remainder counting down correctly to 6.3M left. All other MMs moved way up.
Catalysts Ahead
Expect to see:
- Update to the Company Profile / Business Description at otcmarkets.com - the cannabis business shown was abandoned under previous ownership [source: 2026 Q2 Report]
- Further PRs on a regular basis updating on the new business direction and most probably a name change and ticker change - leading to surges, excellent trading opportunities and large spreads when bidders get left behind.
Website: https://getadport.com/
=================================================================================================
Not a financial advisor - just stating what I'm basing my trading decisions on.
I will be holding some $NUGS in my portfolio throughout 2026 and into future years for the long-term, trading some on surges from the bottom up too and reloading on any dips.
Cannabis Strategic Ventures, Inc (NUGS) Stock Research Links
"Per Ardua Ad Astra" - "Through Adversity To The Stars"
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
