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Dear Readers:

South Florida Hospital News & Healthcare Report welcomes you to CannabisNewsFlorida.com, a feature of our print
publication, website, and e-newsletters. Its purpose is to provide pertinent educational information from leading authorities about
medical and business developments in the medical cannabis industry. We also intend to provide both national
and international information which will affect the medical cannabis business in the State of Florida.

Reliq Health Technologies – A Cannabis Investment Opportunity

In the August issue, we A Stock with Several to $5 million. This financing will provide When you look at the recent rally, many
highlighted Reliq Health Significant Catalyst Reliq with enough capital to execute on its factors stand out. However, one of the
Technologies (RHT.V) for Growth current pipeline. most eye popping metrics is the change in
(RQHTF) as a cannabis Reliq has several pilot pro- The company plans to use the capital for trading volume. Prior to the August Paz
investment opportunity grams with leading hospitals customer acquisition opportunities and to announcement, Reliq was trading less
and since then, the com- and networks in North open new accounts, for working capital than 200,000 shares a day on average.
pany has been nothing America and Europe. If the purposes, and for accretive investment Over the last month, this number has
short of an execution company closes at least one and acquisition opportunities. increased to almost 800,000 per day.
story. of its pilot programs, we Much of this increase is on the buy side
Reliq Health has been a expect to see significant A Stock Investors Need to Watch and the improved liquidity has been bene-
very profitable opportu- share price appreciation. Reliq has expanded its reach and geo- ficial to shareholders and is a testament to
nity. Since August 1st, the We are very bullish on this graphic diversity over the last year and the the quality of the rally. We remain bullish
shares have rallied more part of the story and believe company has secured pilot programs with on Reliq and believe it is a stock that
than 350%. Although this BY MICHAEL BERGER the potential revenue from hospitals, organizations and cities in the investors need to watch.
rally has been significant, these deals is underappreci- United States, the United Kingdom, and
we continue to view ated by the street. Reliq is Canada. We are favorable on the recent Michael Berger is the Founder/President of
Reliq as an attractive investment opportu- currently working with: rally as it has been supported by contin- Technical 420 LLC and may be reached at
nity at current levels. 1. Sioux Lookout – Meno Ya Win ued execution on all levels and are bullish (305) 458-9982, or
Health Center (SLMHC) - SLMHC is a on the long-term opportunity. \ Michael.berger@technical420.com.
About Reliq Health Technologies fully accredited 60-bed hospital and a 20-
Reliq Health Technologies is a health- bed extended care facility that provides
care technology company that specializes health services to 30,000 people living in
in developing innovative, secure mobile 28 First Nations communities and the four
software solutions for the multi-billion- municipalities.
dollar community healthcare market. 2. Hamilton Health Sciences (HHS) -
Reliq also has a partnership with a HHS is a family of seven unique hospitals,
licensed Canadian cannabis producer, a cancer center and an urgent care center
Invictus MD Strategies (IMH.V) (IVITF: serving more than 2.3 million residents in
OTC) to capture high value data on strain, and around the city of Hamilton, Ontario.
dose, mode of administration, symptom HHS treats over 50,000 patients and per-
relief and side effects from medical mari- forms over 28,000 surgeries each year.
juana users. 3. The National Health Service (NHS) -
NHS is the publicly funded healthcare sys-
A Free Cash Flow Story tem for England. It is the largest and the
Over the last two months, Reliq has oldest single-payer healthcare system in
significantly advanced its story and the the world, providing coverage for over 54
company is quickly becoming a free cash million United Kingdom residents.
flow story. 4. Sacred Heart - The health system is
In mid-August, Reliq announced that northwest Florida's leading provider of
its remote patient monitoring and high-quality health care to children and
telemedicine solution with Paz Home adults. Sacred Heart admits more than
Health LLC in Texas went live. Reliq 30,000 patients annually and has more
already has more than 1,000 paid sub- than 4,000 employees.
scribers and this number continues to 5. The Feldman Institute - The
grow at better-than-expected rates. Louisiana institute is an interventional
A few weeks later, Reliq announced pain management clinic and surgical cen-
another milestone after it went live with ter, and is a regional center that serves a
its remote patient monitoring, care coor- large group of patients within Louisiana
dination and telemedicine platform with and its surroundings. The Feldman insti-
Rio Grande Valley Health Alliance, tute performs thousands of pain manage-
which is made up of 15 independent ment surgeries annually.
practices and has more than 30,000 reg-
istered patients. Once these platforms Increases Size of Private
are at full deployment, Reliq will be gen- Placement Due to Demand
erating over $26 million in recurring Last week, Reliq Health significantly
annual revenue. strengthened its balance sheet after the
Last month, Reliq received the first pay- technology firm reported an engagement
ment of $200,000 from NextGen agreement with Canaccord Genuity and
Applications (total value of the contract is Gravitas Securities to act as co-lead agents
$1.22 million). When you combine the on a $4 million brokered private place-
growing number of paid subscribers, with ment offering of up to 10,000,000 units at
the recent payment, and the new con- $0.40 each.
tracts, Reliq is quickly becoming a major This raise generated massive interest
free cash flow story. and Reliq increased the size of the offering

South Florida Hospital News southfloridahospitalnews.com November 2017 31