SEC FORM 3

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SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Yuranyi Daniel

(Last)

(First)

(Middle)

C/O GILLA INC.

15540 BISCAYNE BLVD

(Street)

NORTH MIAMI

33160

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
11/15/2012

3. Issuer Name and Ticker or Trading Symbol
GILLA INC. [ GLLA ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	President and COO

5. If Amendment, Date of Original Filed (Month/Day/Year)

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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	7,948,650⁽¹⁾	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)

Explanation of Responses:

1. See Explanation of Responses

Remarks:

On November 15, 2012, Mr. Daniel Yuranyi was appointed as a member of the Board of Directors of Gilla Inc. (the "Company") and as the Company's President and Chief Operating Officer. On November 20, 2012 Mr. Yuranyi was issued 15,160,000 shares of the Company's Common Stock in consideration for his shares of Snoke Distribution Canada Ltd. Effective March 11, 2014, Mr. Yuranyi disposed of 7,660,000 of his 15,160,000 shares of the Company's Common Stock in transactions, the result of which was that (A) several officers and directors of the Company, (B) individuals and entities affiliated with such officers and directors, and (C) advisors and consultants to the Company received, in the aggregate, 7,660,000 shares of the Company's Common Stock. On November 4, 2014, Mr. Yuranyi received 448,650 shares of Common Stock from the Company valued at $0.15 per share as a purchase price adjustment for the 2012 merger of Snoke Distribution Canada Ltd. As of February 13, 2015, Mr. Yuranyi may be deemed to be the beneficial holder of 7,948,650 shares of the Company's Common Stock.

	/s/ Daniel Yuranyi	03/05/2015
	** 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 5 (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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.