Business
Farmmi Shipping High Volume Order to Guam
LISHUI, China, Nov. 16, 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, Nov. 16, 2022 /PRNewswire/ -- Farmmi, Inc. (\"Farmmi\" or the \"Company\") (NASDAQ: FAMI), an agricultural products supplier in China, announced today a new sales order that will be exporting to Guam. The follow-up order for dried Shiitake mushrooms is from one of the Company's long-term customers.\n\n \n \n \n \n \n \n\n \nMs. Yefang Zhang, Farmmi's Chairwoman and CEO, commented \"It is no surprise Farmmi continues to grow in Guam. The island is beautiful and nature oriented, with friendly, health conscientious people. Mushrooms – dense in nutrients to support human health – are a perfect fit. We are able to leverage the distribution network and local presence of our long-term customer to increase sales, which is the same strategy we are applying to the other markets we serve worldwide.\"\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 relating to these statements include, but are not limited to, risks and uncertainties regarding lingering effects of the Covid-19 pandemic on our customer's businesses and our end purchaser's disposable income, our ability to raise capital on any particular terms, fulfillment of customer orders, fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, our ability to realize revenue from expanded operation and acquired as...