SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549
____________________

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): ~~October~~December 1330, 2015

Praetorian Property, Inc.

(Exact name of registrant as specified in its charter)

Delaware	333-178482	30-0693512
Nevada	333-178482	30-0693512
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

7702 E Doubletree Ranch Rd. Ste 300

Scottsdale AZ

85258

(Address of principal executive offices)

(Zip Code)

Registrant’s telephone number, including area code: 480.902.3399

~~Cannabis-Rx,~~________________________________________________ ~~Inc.~~ (Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[ ]	Written communications pursuant to Rule 425 under the Securities Act (17CFR 230.425)

[ ]	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ]	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ]	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

~~SECTION~~Item 1.01 –Entry ~~Registrant’s~~into ~~Business~~a ~~and~~Material ~~Operations~~Definitive Agreement.

~~Item~~Effective as of December 30, 2015, Praetorian Property, Inc. (the “Company”) changed its state of incorporation from the State of Delaware to the State of Nevada (the “Reincorporation”) pursuant to a plan of conversion dated November 18, 2015 and attached hereto as Exhibit 2.1 (the “Plan of Conversion”), following approval by the Company’s board of directors and majority written consent from the stockholders dated November 18, 2015 (the “Written Consent”).01 ~~Entry~~The ~~into~~Company submitted the Reincorporation to FINRA and received a ~~Material~~response ~~Definitive~~confirming ~~Agreement~~the same on December 30, 2015.

OnIn ~~October~~connection 13with ~~2015~~the Reincorporation, the Company ~~entered~~filed ~~into~~articles anof ~~employment~~conversion ~~agreement effective January 1, 2015~~ with ~~Llorn Kylo (“Kylo”) to be its Chief Executive Officer (~~the ~~“Kylo~~State ~~Agreement”). The description~~ of ~~the~~Nevada ~~Kylo~~attached ~~Agreement~~hereto ~~provided~~as ~~below~~Exhibit is3.1 ~~qualified~~and ina ~~its~~certificate ~~entirety by reference to the complete terms~~ of ~~the~~conversion ~~Kylo~~with ~~Agreement,~~the aState ~~copy~~ of ~~which~~Delaware is attached hereto as Exhibit 103.~~1 and incorporated by reference herein~~2.

~~The~~Upon effectiveness of the Reincorporation, the rights of the Company’s stockholders became governed by the Nevada Revised Statutes, the Articles of Incorporation attached hereto as Exhibit 3.3 and the bylaws attached hereto as Exhibit 3.4. As a Nevada corporation following the Reincorporation, the Company is adeemed ~~summary~~to be the same continuing entity as the Delaware corporation prior to the Reincorporation. As such, Praetorian Delaware continues to possess all of the ~~material~~rights, ~~terms~~privileges and powers of Praetorian Nevada, all of the ~~Kylo~~property ~~Agreement~~of Praetorian Delaware and all of the debts, liabilities and obligations of Praetorian Delaware, including all contractual obligations, and continues with the same name, business, assets, liabilities, headquarters, officers and directors as immediately prior to the Reincorporation.

~~The~~Upon ~~term~~effectiveness ~~commences~~of onthe ~~January 1~~Reincorporation, all ~~2015~~of the issued and ~~terminates~~outstanding ~~(i)~~shares byof ~~mutual~~common ~~consent;~~stock ~~(b)~~of ifPraetorian ~~Kylo~~Delaware ~~gives~~automatically 30converted ~~days’~~into issued and outstanding ~~prior~~shares ~~written~~of ~~notice~~common tostock of Praetorian Nevada without any action on the part of the Company;’s orstockholders. ~~(c)~~The ifReincorporation did not have an effect on the ~~Company~~quotation ~~gives~~of 90shares ~~days~~of the Company’s ~~prior~~common ~~written~~stock ~~notice~~on tothe ~~Kylo~~OTCPink Marketplace, which continues under the same “PRRE” symbol.

~~Kylo’s~~Item ~~annual~~3.03 ~~Base~~Material ~~Salary~~Modification isto ~~$9,000~~Rights ~~monthly~~of Security Holders.

~~Kylo~~The ~~will~~information beset ~~entitled~~forth tounder ~~receive~~Item ~~full~~1.01 ~~medical,~~above is ~~dental,~~incorporated ~~insurance~~herein ~~and automobile coverage paid for~~ by ~~the Company~~reference.

~~Upon~~Item ~~termination~~5.03 ofAmendments ~~Kylo’s~~to ~~employment,~~Articles heof isIncorporation ~~entitled~~or toBylaws; 18Change ~~months~~in ~~paid~~Fiscal ~~severance~~Year.

~~Also~~The oninformation ~~October~~set 13forth ~~2015,~~under ~~the~~Item ~~Company entered into an indemnity agreement (the “Kylo Indemnity”) and granted Kylo a contractual right of indemnity~~1.01 ~~The description of the Kylo Indemnity is~~above ~~qualified in its entirety by reference to the complete terms of the Kylo Indemnity, a copy of which~~ is ~~attached hereto as Exhibit 10.2 and~~ incorporated herein by reference ~~herein~~.

OnItem ~~October~~9.01 ~~13, 2015, the Company entered into an employment agreement effective January 1, 2015 with Munjit Johal (“Johal”) to be its Chief~~ Financial ~~Officer~~Statements (the “Johal Agreement”). The description of the Johal Agreement provided below is qualified in its entirety by reference to the complete terms of the Johal Agreement, a copy of which is attached hereto as Exhibit 10.3 and ~~incorporated by reference herein~~Exhibits.

~~The~~(d) ~~following is a summary of the material terms of the Johal Agreement~~Exhibits.

The term commences on January 1, 2015 and terminates (i) by mutual consent; (b) if Johal gives 30 days’ prior written notice to the Company; or (c) if the Company gives 90 days’ prior written notice to Johal.

Exhibit Number		Description
2.1		Plan of Conversion
3.1		Articles of Conversion, as filed with the Nevada Secretary of State
3.2		Certificate of Conversion, as filed with the Delaware Secretary
3.3		Articles of Incorporation, as filed with the Nevada Secretary of State
3.4		Bylaws

~~Johal’s annual Base Salary is $4,000 monthly.~~2

~~Johal will be entitled to receive full medical and dental insurance.~~SIGNATURES

~~Upon~~Pursuant ~~termination~~to the requirements of ~~Johal’s~~the ~~employment~~Securities Exchange Act of 1934, hethe isregistrant ~~entitled~~has duly caused this report to 18be ~~months~~signed ~~paid~~on ~~severance~~its behalf by the undersigned hereunto duly authorized.

Also on October 13, 2015, the Company entered into an indemnity agreement (the “Johal Indemnity”) and granted Johal a contractual right of indemnity. The description of the Johal Indemnity is qualified in its entirety by reference to the complete terms of the Johal Indemnity, a copy of which is attached hereto as Exhibit 10.4 and incorporated by reference herein.

Dated: December 31, 2015	PRAETORIAN PROPERTY, Inc.

	By:	/s/ Llorn Kylo
		Llorn Kylo
		Chief Executive Officer

SECTION 5 – CORPORATE GOVERNANCE AND MANAGEMENT

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

The information set forth in Item 1.01 is incorporated into this Item 5.02 by reference.

Item 5.03 Amendments to Articles of Incorporation or Bylaws

On October 7, 2015, we filed a Certificate of Amendment with the Delaware Secretary of State in connection with our name change from Cannabis-Rx, Inc. to Praetorian Property, Inc. A copy of the Certificate of Amendment is filed herewith as Exhibit 3.1.

In connection with the name change, we have the following new CUSIP number: 73943L 100. We have submitted an application to FINRA and received an effective date of October 26, 2015 for our corporate action. We have also received a new symbol, “PRRE,” that more resembles our new name.

Section 9 – FINANCIAL STATEMENTS AND EXHIBITS

Item 9.01 Financial Statements and Exhibits

Exhibit No.	Description
3.1	Certificate of Amendment and Certificate of Correction
10.1	Employment Agreement, dated October 13, 2015 with Llorn Kylo
10.2	Indemnity Agreement, dated October 13, 2015 with Llorn Kylo
10.3	Employment Agreement, dated October 13, 2015 with Munjit Johal
10.4	Indemnity Agreement, dated October 13, 2015 with Munjit Johal

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 hereunto duly authorized.

Praetorian Property, Inc.

/s/ Llorn Kylo

Llorn Kylo

Chief Executive Officer

Date: October 26, 2015

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