Earlier this month, Reliq Health Technologies Inc (OTCMKTS:RQHTF) closed its Vancouver company offices. As such, there are vacancies that fell open due to some employees exiting. Therefore, the firm announced new hiring that will plug the gap left by the exiting employees.
New partner engagements
In particular, the firm anticipates to grow alongside the marijuana industry in the coming year. Dr. Lisa Crossley, CEO of Reliq Health Technologies, Inc. commented that the team consists of two new members. They are Dr. Bassma Ghali and Mr. Lucas Smithen. Dr. Ghali will take on the tasks of the CTO of the company. The company expects to draw from Ghali’s extensive knowledge in the cannabis sector.
Mr. Smithen will handle the products and services department of the company. Smithen will help the firm streamline its customer support services as well as product implementation.
Reliq Health Technologies under threat of litigation
Reliq Health has plans where it expects to exploit the swelling cannabis market. However, the recent shake up of the firm destabilized it a bit but efforts are underway to right the ship. The new hiring is one step in that direction.
Further, the firm revealed engagement of new partners among them Mr. Paul McCulloch. McCulloch will help the firm navigate the cybersecurity and policy landscape. In addition, the firm engaged Sonique Ltd which will bolster its marketing strategy. Interestingly, Reliq is banking on the wealth of experience and networking that the engagements are bringing to the table.
Even as Reliq works hard to bolster its growth strategy, the firm is still facing the possibility of litigation. Reliq is under investigations by a law firm focusing on investor rights. The Rosen Law Firm is looking into claims of materially misleading information issued by Reliq.
As a result, the law firm is mulling a law suit to compel Reliq to compensate investors for their losses. In this light, it is likely that Reliq will face strong headwinds during operations come 2019.