FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Jennewine Brandon Chad
2. Issuer Name and Ticker or Trading Symbol

CANNASYS INC [ MJTK ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

1350 17TH STREET, SUITE 150
3. Date of Earliest Transaction (MM/DD/YYYY)

7/10/2015
(Street)

DENVER, CO 80202
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   7/8/2016     J (5)    1515000   D   (1) 0   I   By F-Squared Enterprises, LLC   (2)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Grant   $0   7/10/2015     A      500000         (3) 12/31/2017   Common Stock   500000     (3) 500000   D    
Restricted Stock Grant   $0   12/24/2015     D         500000      (3)   (3) Common Stock   500000     (3) 0   D    
Warrant   $0.05   12/24/2015     A      500000         (3) 12/31/2018   Common Stock   500000     (3) 500000   D    
Series A Preferred Stock   $0   7/29/2016     A      1515000         (4)   (4) Common Stock   1515000   $0   1515000   I   By F-Squared Enterprises, LLC   (2)

Explanation of Responses:
( 1)  On July 8, 2016, reporting person agreed to exchange 1,515,000 shares of common stock for 1,515,000 shares of Series A Preferred Stock, and the common stock was returned to the issuer for cancellation.
( 2)  Reporting person is the sole member of F-Squared Enterprises, LLC.
( 3)  Reporting person received a grant of restricted stock for 500,000 shares of common stock, to vest in equal increments of 1/10th each quarter, beginning on 07/10/15 for the quarter ended 06/30/15, and thereafter, on the first day of each subsequent quarter, until fully vested. No shares were issued and on 12/24/15, the grant of restricted stock and the shares vested were cancelled in exchange for a warrant to purchase 500,000 shares of common stock, at an exercise price of $0.05 per share, with 100,000 shares of common stock vested on date of issuance and the remaining shares to vest 1/10th on the last day of each subsequent quarter beginning 03/31/16 until fully vested.
( 4)  Upon issuer's filing an amendment to its articles of incorporation effecting a reverse stock split and an increase in its authorized shares of common stock, all the outstanding shares of Series A Preferred Stock will immediately and automatically convert into shares of common stock, without any notice or action required on the part of the issuer or the reporting person.
( 5)  K - Transaction in equity swap or instrument with similar characteristics.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Jennewine Brandon Chad
1350 17TH STREET, SUITE 150
DENVER, CO 80202
X



Signatures
Brandon Chad Jennewine 8/15/2016
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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