The high limit relays should both close if power is on, and open if the spa reads an overheat or power is turned off. Only the heater relay switches on and off for normal operation. That means one leg of the heater is always on unless there is an OH.
Tested to ground (green or bare) or neutral (white)?
That is a huge voltage drop, but what it means depends on wether the heater was connected, and on or off.
The heater circuit is just in and out through the 3 relays. Disconnect the heater and turn on power, then initiate a heat call and test across the heater connections on the board. If it says it's heating but has no voltage or low voltage it is a bad relay.
Then end the heat cycle (turn it down or unplug pressure switch) and test again. If it has ANY voltage across the heater connections it is also a bad relay.
With pump running and heater disconnected, turn off and unplug the sensor harness and test each sensor (through the tiny slots on the side) for resistance and post results. The resistance will be in the ballpark of 20k ohms, so set your tester accordingly.
At this point I have little doubt that you have a bad relay or 6, but the OH is likely a different issue, and the tripping breaker could be as well.
Post a pic of the board all wired up, the wiring diagram, equipment area, and breaker (close up so we can read the front label).