Business
Farmmi Announces Latest Multi-Product Order; Exporting to Israel as Part of Ongoing Broader Market Expansion
LISHUI, China, Sept. 20, 2022 /PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI), an agricultural products supplier in China, announced
About this update from Farmmi, Inc. Ordinary Shares
[{"type":"text","content":"LISHUI, China, Sept. 20, 2022 /PRNewswire/ -- Farmmi, Inc. (\"Farmmi\" or the \"Company\") (NASDAQ: FAMI), an agricultural products supplier in China, announced today a new sales win for its popular, flavor rich, nutritious dried Shiitake mushrooms and black fungus. The latest multi-product order will export to Israel as part of the Company's ongoing broader market expansion.\n\nMs. Yefang Zhang, Farmmi's Chairwoman and CEO, commented: \"We are very encouraged by the higher sales level we are on track to achieve this year from our core fungi and recently added corn and cotton business segments. This is an exciting time for us as we are benefitting from a steady flow of new orders from our largest Asian markets, and from gaining considerable momentum in our ongoing broader market expansion. We are competitively advantaged by our established supply chain, and able to meet larger scale orders through our extensive experience in logistics. Our extensive logistics experience and our established supply chain allow us to fulfill global orders while maintaining the high quality of our products. Farmmi is positioned to further benefit with more and more restaurants, consumers and other businesses are discovering the delicious and nutritious qualities of mushrooms.\"\nAbout Farmmi, Inc.\nEstablished in 1998, Farmmi Inc. (NASDAQ: FAMI) is an agricultural products supplier, processor and retailer of edible mushrooms like Shiitake and Mu Er, as well as other agricultural products. In addition to its offline sales, Farmmi sells its products direct-to-consumer. For further information about the Company, please visit website.\nForward-Looking Statements\nNo statement made in this press release should be interpreted as an offer to purchase or sell any security. Such an offer can only be made in accordance with the Securities Act of 1933, as amended, and applicable state securities laws. Certain statements in this press release concerning our future growth prospects are forward-looking statements regarding our future business expectations and intended to qualify for the \"safe harbor\" under the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties r...