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<TITLE>SECURITIES AND EXCHANGE COMMISSION</TITLE>
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<P style="margin-top:0px; margin-bottom:6.667px; font-size:12pt"><B>UNITED STATES</B></P>
<P style="margin-top:0px; margin-bottom:6.667px; font-size:12pt"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>
<P style="margin-top:0px; margin-bottom:6.667px; font-size:12pt" align=center><B>Washington, D.C. &nbsp;20549</B></P>
<P style="margin-top:0px; margin-bottom:6.667px; font-size:15pt" align=center><B>FORM 8-K</B></P>
<P style="margin-top:0px; margin-bottom:6.667px; font-size:12pt" align=center><B>CURRENT REPORT</B></P>
<P style="margin-top:0px; margin-bottom:6.667px; font-size:12pt" align=center><B>Pursuant to Section 13 or 15(d) of</B></P>
<P style="margin-top:0px; margin-bottom:16px; font-size:12pt" align=center><B>the Securities Exchange Act of 1934</B></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 width=100%><TR height=0 style="font-size:0"><TD /><TD width=116.867 /><TD width=24.867 /><TD width=56.2 /><TD width=48.6 /><TD width=90.4 /><TD width=96.8 /></TR>
<TR><TD style="margin-top:0px" valign=top colspan=2><P style="margin-top:0px; margin-bottom:6.667px; font-size:12pt">Date of Report &nbsp;(Date of earliest event reported)</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=316.867 colspan=5><P style="margin-top:0px; margin-bottom:6.667px; text-indent:79.133px; font-size:12pt">May 25, 2016</P>
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<TR><TD style="margin-top:0px" valign=top colspan=7><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top colspan=7><P style="margin-top:0px; margin-bottom:6.667px; font-size:12pt" align=center><B>TWO RIVERS WATER &amp; FARMING COMPANY</B></P>
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<TR><TD style="margin-top:0px" valign=top colspan=7><P style="margin-top:0px; margin-bottom:5px; font-size:9pt" align=center>(Exact name of registrant as specified in charter)</P>
</TD></TR>
<TR><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top colspan=7><P style="margin-top:0px; margin-bottom:6.667px; font-size:12pt" align=center>Colorado</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top colspan=7><P style="margin-top:0px; margin-bottom:5px; font-size:9pt" align=center>(State or other jurisdiction of incorporation)</P>
</TD></TR>
<TR><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top><P style="margin-top:0px; margin-bottom:6.667px; font-size:12pt" align=center>000-51139</P>
</TD><TD style="margin-top:0px" valign=top width=197.933 colspan=3><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=235.8 colspan=3><P style="margin-top:0px; margin-bottom:6.667px; font-size:12pt" align=center>13-4228144</P>
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<TR><TD style="margin-top:0px" valign=top><P style="margin-top:0px; margin-bottom:5px; font-size:9pt" align=center>(Commission File Number)</P>
</TD><TD style="margin-top:0px" valign=top width=197.933 colspan=3><P style="margin:0px; padding:0px; font-size:9pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=235.8 colspan=3><P style="margin-top:0px; margin-bottom:5px; font-size:9pt" align=center>(IRS Employee Identification No.)</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top colspan=7><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top colspan=5><P style="margin-top:0px; margin-bottom:6.667px; font-size:12pt">2000 South Colorado Blvd., Tower 1 Suite 3100, Denver, Colorado</P>
</TD><TD style="margin-top:0px" valign=top width=90.4><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=96.8><P style="margin-top:0px; margin-bottom:6.667px; font-size:12pt" align=center>80222</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top colspan=5><P style="margin-top:0px; margin-bottom:6.667px; font-size:12pt" align=center>(Address of principal executive offices)</P>
</TD><TD style="margin-top:0px" valign=top width=90.4><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=96.8><P style="margin-top:0px; margin-bottom:6.667px; font-size:12pt" align=center>(Zip Code)</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top colspan=7><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top colspan=3><P style="margin-top:0px; margin-bottom:6.667px; font-size:12pt">Registrant&#146;s telephone number, including area code</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=292 colspan=4><P style="margin-top:0px; margin-bottom:6.667px; font-size:12pt" align=center>(303) 222-1000</P>
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<TR><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top colspan=7><P style="margin-top:0px; margin-bottom:6.667px; font-size:12pt" align=center>Not Applicable</P>
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<TR><TD style="margin-top:0px" valign=top colspan=7><P style="margin-top:0px; margin-bottom:5px; font-size:9pt" align=center>(Former name or former address, if changed since last report)</P>
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<P style="margin-top:0px; margin-bottom:6.667px"><BR></P>
<P style="margin-top:0px; margin-bottom:6.667px; font-family:TimesNewRoman,Times New Roman; font-size:12pt">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 (see General Instruction A.2. below):<A NAME="_GoBack"></A></P>
<P style="margin-top:0px; margin-bottom:6.667px"><BR></P>
<P style="margin-top:0px; margin-bottom:6.667px; font-size:12pt">/__/ <FONT style="font-family:TimesNewRoman,Times New Roman">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</FONT></P>
<P style="margin-top:0px; margin-bottom:6.667px; font-family:TimesNewRoman,Times New Roman; font-size:12pt">/__/Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</P>
<P style="margin-top:0px; margin-bottom:6.667px; font-family:TimesNewRoman,Times New Roman; font-size:12pt">/__/Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)</P>
<P style="margin-top:0px; margin-bottom:6.667px; font-family:TimesNewRoman,Times New Roman; font-size:12pt">/__/Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</P>
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<P style="margin-top:0px; margin-bottom:-2px; width:72px; font-size:11pt; float:left"><B>Item 5.02.</B></P>
<P style="margin-top:0px; margin-bottom:6.133px; padding-left:72px; text-indent:-2px; font-size:11pt"><B>Departure of Directors or Certain Officers<font style='font-family:Arial Unicode MS,Times New Roman'>&#894;</font> Election of Directors<font style='font-family:Arial Unicode MS,Times New Roman'>&#894;</font> Appointment of Certain Officers<font style='font-family:Arial Unicode MS,Times New Roman'>&#894;</font> Compensatory Arrangements of Certain Officers.</B></P>
<P style="margin-top:0px; margin-bottom:6.133px; clear:left"><BR></P>
<P style="margin-top:0px; margin-bottom:6.133px; text-indent:24px; font-size:11pt">On May 25, 2016, John R. McKowen resigned as our Chief Executive Officer, effective immediately.</P>
<P style="margin-top:0px; margin-bottom:6.133px; text-indent:24px; font-size:11pt">On May 26, 2016, Mr. McKowen resigned from all of his other positions with our company and our subsidiaries, including from our Board of Directors. &nbsp;At the time of his resignation, Mr. McKowen was our Chairman of the Board and was not a member of any Board committee. &nbsp;Mr. McKowen resigned due to a potential conflict of interest.&nbsp; This conflict might arise from Mr. McKowen&#146;s ownership in an entity that is applying for cultivation cannabis licensing within the State of Colorado.&nbsp;&nbsp; Mr. McKowen&#146;s entity potentially may lease facilities from GrowCo and its subsidiaries based upon mutually agreeable terms.Mr. McKowen tendered resignation from our Board of Directors and from his other remaining positions with our company and subsidiaries is filed as an exhibit to this current report on Form 8-K.</P>
<P style="margin-top:0px; margin-bottom:6.133px"><BR></P>
<P style="margin-top:0px; margin-bottom:6.133px; font-size:11pt"><B>SECTION 9 &#150; FINANCIAL STATEMENTS AND EXHIBITS</B></P>
<P style="margin-top:0px; margin-bottom:-2px; width:72px; font-size:11pt; float:left"><B>Item&nbsp;9.01.</B></P>
<P style="margin-top:0px; margin-bottom:6.133px; padding-left:72px; text-indent:-2px; font-size:11pt"><B>Financial Statements and Exhibits</B></P>
<P style="margin-top:0px; margin-bottom:-2px; width:24px; font-size:11pt; clear:left; float:left"><FONT style="background-color:#FFFFFF">(d)</FONT></P>
<P style="margin:0px; text-indent:-2px; font-size:11pt"><FONT style="background-color:#FFFFFF">Exhibits</FONT></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 width=100%><TR height=0 style="font-size:0"><TD width=139.8 /><TD width=18.267 /><TD /></TR>
<TR><TD style="margin-top:0px; background-color:#D7D7FF; border-bottom:1px solid #000000" valign=bottom width=139.8><P style="margin-top:0px; margin-bottom:6.133px; font-size:11pt; clear:left">Exhibit Number</P>
</TD><TD style="margin-top:0px; background-color:#D7D7FF" valign=top width=18.267><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#D7D7FF; border-bottom:1px solid #000000" valign=top><P style="margin-top:0px; margin-bottom:6.133px"><BR></P>
<P style="margin-top:0px; margin-bottom:6.133px; font-size:11pt">Description</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=139.8><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=18.267><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; background-color:#D7D7FF" valign=top width=139.8><P style="margin-top:0px; margin-bottom:6.133px; font-size:11pt" align=center>17.</P>
</TD><TD style="margin-top:0px; background-color:#D7D7FF" valign=top width=18.267><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#D7D7FF" valign=top><P style="margin-top:0px; margin-bottom:6.133px; font-size:11pt">Email communication sent by John R. McKowen to the Board of Directors of Two Rivers Water &amp; Farming Company, as to his resignation from the Board of Directors and other positions with Two Rivers Water &amp; Farming Company and subsidiaries.</P>
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<P style="margin:0px; font-size:11pt" align=center><B>SIGNATURE</B></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; font-size:11pt" align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</P>
<P style="margin:0px"><BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0><TR height=0 style="font-size:0"><TD width=175.2 /><TD width=354 /></TR>
<TR><TD style="margin-top:0px" valign=top width=175.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=354><P style="margin:0px; font-size:11pt"><B>TWO RIVERS WATER &amp; FARMING COMPANY</B></P>
<P style="margin:0px; font-size:11pt">(Registrant)</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=bottom width=175.2><P style="margin:0px; font-size:11pt">Dated: June 1, 2016</P>
</TD><TD style="margin-top:0px" valign=top width=354><P style="margin:0px"><BR></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; font-size:11pt">By: <U>&nbsp;&nbsp;/s/ Wayne Harding_____________ &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></P>
<P style="margin:0px; font-size:11pt">Wayne Harding, Chief Financial Officer</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=bottom width=175.2><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=354><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD></TR>
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<P style="margin-top:0px; margin-bottom:6.667px; font-size:12pt" align=center><B>EXHIBIT INDEX</B></P>
<P style="margin-top:0px; margin-bottom:6.667px"><BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 width=100%><TR height=0 style="font-size:0"><TD width=139.8 /><TD width=18.267 /><TD /></TR>
<TR><TD style="margin-top:0px; background-color:#D7D7FF; border-bottom:1px solid #000000" valign=bottom width=139.8><P style="margin-top:0px; margin-bottom:6.133px; font-size:11pt" align=center>Exhibit Number</P>
</TD><TD style="margin-top:0px; background-color:#D7D7FF" valign=top width=18.267><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#D7D7FF; border-bottom:1px solid #000000" valign=top><P style="margin-top:0px; margin-bottom:6.133px"><BR></P>
<P style="margin-top:0px; margin-bottom:6.133px; font-size:11pt">Description</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=139.8><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=18.267><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; background-color:#D7D7FF" valign=top width=139.8><P style="margin-top:0px; margin-bottom:6.133px; font-size:11pt" align=center>17.</P>
</TD><TD style="margin-top:0px; background-color:#D7D7FF" valign=top width=18.267><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#D7D7FF" valign=top><P style="margin-top:0px; margin-bottom:6.133px; font-size:11pt">Email communication sent by John R. McKowen to the Board of Directors of Two Rivers Water &amp; Farming Company, as to his resignation from the Board of Directors and other positions with Two Rivers Water &amp; Farming Company and subsidiaries.</P>
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{"company-data": {"conformed-name": "TWO RIVERS WATER & FARMING Co", "cik": "0001302946", "assigned-sic": "0100", "irs-number": "134228144", "state-of-incorporation": "CO", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-51139", "film-number": "161690052"}, "business-address": {"street1": "2000 S COLORADO BLVD.", "street2": "STE 1-3100", "city": "DENVER", "state": "CO", "zip": "80222", "phone": "303-222-1000"}, "mail-address": {"street1": "2000 S COLORADO BLVD.", "street2": "STE 1-3100", "city": "DENVER", "state": "CO", "zip": "80222"}, "former-company": [{"former-conformed-name": "TWO RIVERS WATER Co", "date-changed": "20100203"}, {"former-conformed-name": "Navidec Financial Services, Inc.", "date-changed": "20040913"}]}
SECURITIES AND EXCHANGE COMMISSION
UNITED STATES
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)
May 25, 2016
TWO RIVERS WATER & FARMING COMPANY
(Exact name of registrant as specified in charter)
Colorado
(State or other jurisdiction of incorporation)
000-51139
13-4228144
(Commission File Number)
(IRS Employee Identification No.)
2000 South Colorado Blvd., Tower 1 Suite 3100, Denver, Colorado
80222
(Address of principal executive offices)
(Zip Code)
Registrant's telephone number, including area code
(303) 222-1000
Not Applicable
(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 (see General Instruction A.2. below):
/__/
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 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))
Item 5.02.
Departure of Directors or Certain Officers
;
Election of Directors
;
Appointment of Certain Officers
;
Compensatory Arrangements of Certain Officers.
On May 25, 2016, John R. McKowen resigned as our Chief Executive Officer, effective immediately.
On May 26, 2016, Mr. McKowen resigned from all of his other positions with our company and our subsidiaries, including from our Board of Directors.  At the time of his resignation, Mr. McKowen was our Chairman of the Board and was not a member of any Board committee.  Mr. McKowen resigned due to a potential conflict of interest.  This conflict might arise from Mr. McKowen's ownership in an entity that is applying for cultivation cannabis licensing within the State of Colorado.   Mr. McKowen's entity potentially may lease facilities from GrowCo and its subsidiaries based upon mutually agreeable terms.Mr. McKowen tendered resignation from our Board of Directors and from his other remaining positions with our company and subsidiaries is filed as an exhibit to this current report on Form 8-K.
SECTION 9 – FINANCIAL STATEMENTS AND EXHIBITS
Item 9.01.
Financial Statements and Exhibits
(d)
Exhibits
Exhibit Number
Description
17.
Email communication sent by John R. McKowen to the Board of Directors of Two Rivers Water & Farming Company, as to his resignation from the Board of Directors and other positions with Two Rivers Water & Farming Company and subsidiaries.
SIGNATURE
Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
TWO RIVERS WATER & FARMING COMPANY
(Registrant)
Dated: June 1, 2016
By:
/s/ Wayne Harding_____________
Wayne Harding, Chief Financial Officer
EXHIBIT INDEX
Exhibit Number
Description
17.
Email communication sent by John R. McKowen to the Board of Directors of Two Rivers Water & Farming Company, as to his resignation from the Board of Directors and other positions with Two Rivers Water & Farming Company and subsidiaries.