~~ASSETS~~SECURITIES AND ------ March 31, December 31, 2015 2014 ----------- ----------- (unaudited) (audited) Stockholders' deficit Preferred stock, $0.0001 par value, 20,000,000 shares authorized; none issued and outstanding as of March 31, 2015 - - Common stock, $0.0001 par value, 100,000,000 shares authorized; 20,000,000 shares issued and outstanding as of March 31, 2015 and December 31, 2014, respectively 2,000 2,000 Discount on Common Stock (2,000) (2,000) Additional paid-in capital 712 712 Accumulated deficit (712) (712) ------------ _________ Total stockholders' deficit - - ------------ _________ Total liabilities and stockholders' deficit $ - $ - ============ ========== The accompanying notes are an integral part of these unaudited condensed financial statements.EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

(Mark One)

[X]

QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended June 30, 2015

[

]

TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from _________ to _________

Commission file number

000-55304

ELM VALLEY ACQUISITION CORPORATION

(Exact name of registrant as specified in its charter)

Delaware		47-2072789
(State or other jurisdiction ofincorporation ororganization)		(I.R.S. Employer Identification No.)

2400 E Katella Ave. #800, Anaheim, CA 92806

(Address of principal executive offices) (zip code)

866-598-3210

(Registrant's telephone number, including area code)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes [X ] No

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of "large accelerated filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer [ ]	Accelerated Filer [ ]
Non-accelerated filer (do not check if a smaller reporting company) [ ]	Smaller reporting company [X]

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes [X] No

Indicate the number of shares outstanding of each of the issuer's classes of stock, as of the latest practicable date.

Class	Outstanding Common Shares at August 12, 2015
Common Stock, par value $0.0001	20,500,000

Documents incorporated by reference: None

PART I - FINANCIAL INFORMATION

ITEM 1: Financial Statements

Unaudited Condensed Financial Statements	3-5

Notes to Unaudited Condensed Financial Statements	6-9

ELM VALLEY ACQUISITION CORPORATION

CONDENSED BALANCE SHEETS

	June 30,			December 31,
	2015			2014
	(unaudited)			(audited)

ASSETS

Current assets
Total assets	$	-		$	-

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities
Total liabilities	$	-		$	-


Stockholders' equity
Preferred stock, $0.0001 par value, 20,000,000 shares authorized;
none issued and outstanding as of June 30, 2015 and December 31, 2014		-			-

Common stock, $0.0001 par value, 100,000,000 shares authorized; 20,000,000 shares issued and outstanding as of June 30, 2015 and
December 31, 2014, respectively		2,000			2,000
Discount on Common Stock		(2,000	)		(2,000	)
Additional paid-in capital		712			712
Accumulated deficit		(712	)		(712	)

Total stockholders' equity		-			-

Total liabilities and stockholders' equity	$	-		$	-

The accompanying notes are an integral part of these unaudited condensed financial statements.

ELM VALLEY ACQUISITION CORPORATION

UNAUDITED CONDENSED STATEMENTS OF OPERATIONS

	For the three months		For the six months
	ended		ended
	June 30, 2015		June 30, 2015

Revenue	$	-	$	-
Cost of revenue		-		-

Gross profit		-		-

Operating expenses		-		-

Operating loss		-		-

Loss before income taxes		-		-

Income tax expense		-		-

Net loss	$	-	$	-

Loss per share - basic and diluted	$	-	$	-

Weighted average shares-
basic and diluted		20,000,000		20,000,000

The accompanying notes are an integral part of these unaudited condensed financial statements.

ELM VALLEY ACQUISITION CORPORATION

UNAUDITED CONDENSED STATEMENT OF CASH FLOWS

	For the six months
	ending
	June 30, 2015

OPERATING ACTIVITIES
Net loss	$	-

Changes in Operating Assets and Liabilities		-

Net cash used in operating activities		-

Net increase in cash		-

Cash, beginning of period		-


Cash, end of period	$	-

Supplemental cash flow information
Interest paid	$	-

Income tax paid	$	-

The accompanying notes are an integral part of these unaudited condensed financial statements.

ELM VALLEY ACQUISITION CORPORATION

Notes to Unaudited Condensed Financial Statements

NOTE 1 - NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES NATURE OF OPERATIONS

Elm Valley Acquisition Corporation ("Elm Valley" or "the Company") was incorporated on September 25, 2014 under the laws of the state of Delaware to engage in any lawful corporate undertaking, including, but not limited to, selected mergers and acquisitions. The Company's operations to date have been limited to issuing shares to its original shareholders. The Company will attempt to locate and negotiate with a business entity for the combination of that target company with Elm Valley. The combination will normally take the form of a merger, stock-for-stock exchange or stock-for-assets exchange. In most instances the target company will wish to structure the business combination to be within the definition of a tax-free reorganization under Section 351 or Section 368 of the Internal Revenue Code of 1986, as amended. No assurances can be given that the Company will be successful in locating or negotiating with any target company. The Company has been formed to provide a method for a foreign or domestic private company to become a reporting company with a class of securities registered under the Securities Exchange Act of 1934.

BASIS OF PRESENTATION

The summary of significant accounting policies presented below is designed to assist in understanding the Company's unaudited condensed financial statements. Such unaudited condensed financial statements and accompanying notes are the representations of the Company's management, who are responsible for their integrity and objectivity. These accounting policies conform to accounting principles generally accepted in the United States of America ("GAAP") in all material respects, and have been consistently applied in preparing the accompanying unaudited condensed financial statements.

Certain information and footnote disclosures normally present in annual financial statements prepared in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP") were omitted pursuant to such rules and regulations. These financial statements should be read in conjunction with the audited financial statements and footnotes included in the Company's Annual Report on Form 10-K filed with the SEC on March 31, 2015. The results for the three months ended June 30, 2015, are not necessarily indicative of the results to be expected for the year ending December 31, 2015.

USE OF ESTIMATES

The preparation of unaudited condensed financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed financial statements, and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates.

CASH

Cash and cash equivalents include cash on hand and on deposit at banking institutions as well as all highly liquid short-term investments with original maturities of 90 days or less. The Company did not have cash equivalents as of June 30, 2015 and December 31, 2014.

CONCENTRATION OF RISK

Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash. The Company places its cash with high quality banking institutions. The Company did not have cash balances in excess of the Federal Deposit Insurance Corporation limit as of June 30, 2015.

INCOME TAXES

Under ASC 740, "Income Taxes," deferred tax assets and liabilities are recognized for the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Valuation allowances are established when it is more likely than not that some or all of the deferred tax assets will not be realized. As of June 30, 2015 there were no deferred taxes due to the uncertainty of the realization of net operating loss or carry forward prior to expiration.

LOSS PER COMMON SHARE

Basic loss per common share excludes dilution and is computed by dividing net loss by the weighted average number of common shares outstanding during the period. Diluted loss per common share reflect the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the loss of the entity. As of June 30, 2015, there are no outstanding dilutive securities.

FAIR VALUE OF FINANCIAL INSTRUMENTS

The Company follows guidance for accounting for fair value measurements of financial assets and financial liabilities and for fair value measurements of nonfinancial items that are recognized or disclosed at fair value in the condensed financial statements (unaudited) on a recurring basis. Additionally, the Company adopted guidance for fair value measurement related to nonfinancial items that are recognized and disclosed at fair value in the condensed financial statements (unaudited) on a nonrecurring basis. The guidance establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to measurements involving significant unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are as follows:

Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities that the Company has the ability to access at the measurement date.

Level 2 inputs are inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly.

Level 3 inputs are unobservable inputs for the asset or liability. The carrying amounts of financial assets such as cash approximate their fair values because of the short maturity of these instruments.

NOTE 2 - GOING CONCERN

The Company has not yet generated any revenue since inception to date and has sustained operating losses during the period ended June 30, 2015.

The Company had working capital of $0 and an accumulated deficit of $712 as of June 30, 2015. The Company's continuation as a going concern is dependent on its ability to generate sufficient cash flows from a business combination or other operations to meet its obligations and/or obtaining additional financing from its shareholders or other sources, as may be required.

The accompanying condensed financial statements (unaudited) have been prepared assuming that the Company will continue as a going concern; however, the above condition raises substantial doubt about the Company's ability to do so. The condensed financial statements (unaudited) do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classifications of liabilities that may result should the Company be unable to continue as a going concern.

In order to maintain its current level of operations, the Company will require additional working capital from either cash flow from operations or from the sale of its equity. However, the Company currently has no commitments from any third parties for the purchase of its equity. If the Company is unable to acquire additional working capital, it will be required to significantly reduce its current level of operations.

NOTE 3 - RECENT ACCOUNTING PRONOUNCEMENTS

On June 12, 2015, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update (ASU) No. 2015-10-Technical Corrections and Improvements. The amendments in this Update cover a wide range of Topics in the Codification. The amendments in this Update represent changes to make minor corrections or minor improvements to the Codification that are not expected to have a significant effect on current accounting practice or create a significant administrative cost to most entities. This Accounting Standards Update is the final version of Proposed Accounting Standards Update 2014-240-Technical Corrections and Improvements, which has been deleted. Transition guidance varies based on the amendments in this Update. The amendments in this Update that require transition guidance are effective for all entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. Early adoption is permitted, including adoption in an interim period. All other amendments will be effective upon the issuance of this Update. Management is in the process of assessing the impact of this ASU on the Company's financial statements.

NOTE 4 - STOCKHOLDERS' EQUITY

On September 25, 2014 the Company issued 20,000,000 founders common stock to two directors and officers of which 19,500,000 were redeemed on July 1, 2015.

On July 2, 2015, the Company issued 20,000,000 shares to four shareholders.

The Company is authorized to issue 100,000,000 shares of common stock and 20,000,000 shares of preferred stock. As of August 12, 2015, 20,500,000 shares of common stock and no preferred stock were issued and outstanding.

NOTE 5 - SUBSEQUENT EVENT

With the following events, the Company effected a change in control:

On July 1, 2015, the Company redeemed an aggregate of 19,500,000 of the then 20,000,000 shares of outstanding stock at a redemption price of $.0001 per share for an aggregate redemption price of $1,950.

On July 1, 2015, James Cassidy resigned as the Company's president, secretary and director and James McKillop resigned as the Registrant's vice president and director and Daniel Walls was elected the sole director of the Company and appointed to serve as its President, Secretary, and Treasurer.

On July 2, the Company issued shares of its common stock pursuant to Section 4(2) of the Securities Act of 1933 at par representing 97.5% the total outstanding 20,500,000 shares of common stock as follows:

10,250,000	Christopher Wright
3,250,000	Raymond Wright
3,250,000	Daniel Walls
3,250,000	Christopher Franchino

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

Elm Valley Acquisition Corporation was incorporated on September 25, 2014 under the laws of the State of Delaware to engage in any lawful corporate undertaking, including, but not limited to, selected mergers and acquisitions. Elm Valley Acquisition Corporation ("Elm Valley" or the "Company") is a blank check company and qualifies as an "emerging growth company" as defined in the Jumpstart Our Business Startups Act which became law in April, 2012.

Subsequent Event

Subsequent to the period covered by this Report, the Company effected a change in control with the following events:

On July 2, the COmpany issued shares of its common stock pursuant to Section 4(2) of the Securities Act of 1933 at par representing 97.5% the total outstanding 20,500,000 shares of common stock as follows:

10,250,000	Christopher Wright
3,250,000	Raymond Wright
3,250,000	Daniel Walls
3,250,000	Christopher Franchino

With the issuance of the stock and the redemption of 19,500,000 shares of stock , the Company effected a change in its control and the new majority shareholder(s) elected new management of the Company. The Company may develop its business plan by future acquisitions or mergers but no agreements have been reached regarding any acquisition or other business combination. If the Company makes any acquisitions, mergers or other business combination, the Company will file a Form 8-K but until such time the Company remains a shell company.

The Company intends to consult with or effect a business combination with a private company engaged in the cannabis/marijuana business. The Company intends to assist in that company's expansion in their growth and stability in the emerging cannabis industry with a particular expertise in farming, distribution and scaling operations. The Company anticipates that this emerging industry will provide large demand and a variety of growth opportunities. No agreements have been executed and if and when such a business combination is effected, the Company will file a Form 8-K.

Prior to the change in control, the Company's operations were limited to issuing shares of common stock to its original shareholders and filing a registration statement on Form 10 with the Securities and Exchange Commission pursuant to the Securities Exchange Act of 1934 as amended to register its class of common stock.

Elm Valley has no operations nor does it currently engage in any business activities generating revenues. Elm Valley's principal business objective is to achieve a business combination with the target company.

A combination will normally take the form of a merger, stock-for-stock exchange or stock-for-assets exchange. In most instances the target company will wish to structure the business combination to be within the definition of a tax-free reorganization under Section 351 or Section 368 of the Internal Revenue Code of 1986, as amended.

No assurances can be given that Elm Valley will be successful in locating or negotiating with any target company.

As of June 30, 2015 Elm Valley had not generated revenues and had no income or cash flows from operations since inception. For the six months ended June 30, 2015 Elm Valley had sustained net loss of $0, and had an accumulated deficit of $712.

The Company's independent auditors have issued a report raising substantial doubt about the Company's ability to continue as a going concern. At present, the Company has no operations and the continuation of Elm Valley as a going concern is dependent upon financial support from its stockholders, its ability to obtain necessary equity financing to continue operations and/or to successfully locate and negotiate with a business entity for the combination of that target company with Elm Valley.

Prior to the change in control, management paid all the expenses of Elm Valley with no expectation of repayment at any time.

ITEM 3. Quantitative and Qualitative Disclosures About Market Risk.

Information not required to be filed by Smaller reporting companies.

ITEM 4. Controls and Procedures.

Disclosures and Procedures

Pursuant to Rules adopted by the Securities and Exchange Commission, the Company carried out an evaluation of the effectiveness of the design and operation of its disclosure controls and procedures pursuant to Exchange Act Rules. This evaluation was done as of the end of the period covered by this report under the supervision and with the participation of the Company's then principal executive officer (who was also the principal financial officer).

Based upon that evaluation, he believes that the Company's disclosure controls and procedures are effective in gathering, analyzing and disclosing information needed to ensure that the information required to be disclosed by the Company in its periodic reports is recorded, processed, summarized and reported, within the time periods specified in the Commission's rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed by an issuer in the reports that it files or submits under the Act is accumulated and communicated to the issuer's management, including its principal executive and principal financial officers, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure.

This Quarterly Report does not include an attestation report of the Company's registered public accounting firm regarding internal control over financial reporting. Management's report was not subject to attestation by the Company's registered public accounting firm pursuant to temporary rules of the Securities and Exchange Commission that permit the Company to provide only management's report in this Quarterly Report.

Changes in Internal Controls

There was no change in the Company's internal control over financial reporting that was identified in connection with such evaluation that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the Company's internal control over financial reporting.

PART II -- OTHER INFORMATION`

ITEM 1. LEGAL PROCEEDINGS

There are no legal proceedings against the Company and the Company is unaware of such proceedings contemplated against it.

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

From inception (September 25, 2014), the Company has issued 20,000,000 common shares pursuant to Section 4(2) of the Securities Act of 1933 for an aggregate purchase price of $2,000 as folllows:

On September 25, 2014, the Company issued the following shares of its common stock:

Name	Number of Shares

James Cassidy	10,000,000
James McKillop	10,000,000

On July 1, 2015, 19,500,000 of the then outstanding 20,000,000 shares were redeemed pro rata from the two shareholders.

On July 2, 2015, the Company issued 20,000,000 shares of common stock at par pursuant to Section 4(2) of the Securities Act of 1933 as follows:

10,250,000	Christopher Wright
3,250,000	Raymond Wright
3,250,000	Daniel Walls
3,250,000	Christopher Franchino

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

Not applicable.

ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

Not applicable.

ITEM 5. OTHER INFORMATION

(a) Not applicable.

(b) Item 407(c)(3) of Regulation S-K:

During the quarter covered by this Report, there have not been any material changes to the procedures by which security holders may recommend nominees to the Board of Directors.

ITEM 6. EXHIBITS

(a) Exhibits

31 Certification of the Chief Executive Officer and Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

32 Certification of the Chief Executive Officer and Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	ELM VALLEY ACQUISITION CORPORATION

Dated: August 14, 2015	By:	/s/ Daniel Walls
		Daniel Walls
		President, Chief Financial Officer

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