LISHUI, China, June 30, 2020 /PRNewswire/ -- Farmmi, Inc.
("Farmmi" or the "Company") (NASDAQ: FAMI), an agriculture products
supplier in China, today announced
its subsidiary Zhejiang Forest Food Co., Ltd., has received
multiple additional repeat orders for distribution of its dried
Shiitake mushrooms, dried whole mushrooms and mushroom slices, and
dried black fungus in the U.S. and Israel, as the Company continues to benefit
from growth in plant-based food segment.
Ms. Yefang Zhang, Farmmi's
Chairwoman and CEO, commented, "We are excited to announce our
latest repeat orders, which include the sixth order this year from
one customer – an Israel-based
import and marketing company – and the twelfth from another, a
customer exporting from Ningbo,
China to the U.S. We continue to benefit from growth in
the broader plant-based food segment, as more consumers seek
healthier food products without sacrificing taste. The overall
interest and segment growth is helping drive demand for our
delicious, fresh and convenient Shiitake mushrooms and other edible
fungi. We expect this to be a multi-year, global trend as
consumers support environmentally friendly companies and products,
Eating mushrooms, which are fat-free, low-sodium and
cholesterol-free, promotes a healthy, nutritional
diet. Mushrooms are rich with fiber, vitamins and minerals,
with the flexibility to be consumed dried as a snack or used in
soups, stews, appetizers and countless other delicious, healthy
About Farmmi, Inc.
Headquartered in Lishui, Zhejiang, Farmmi, Inc. (NASDAQ: FAMI), is a
leading agricultural products supplier, processor and retailer of
Shiitake mushrooms, Mu Er mushrooms, other edible fungi, and many
other sought-after agricultural products. The Company's Farmmi
Liangpin Market serves as a global trading platform for Chinese
geographical indication agricultural products and is one of the
largest platforms for consumers to access locally sourced
agricultural products. For further information about the Company,
please visit: http://ir.farmmi.com.cn/.
This announcement contains forward-looking statements within the
meaning of the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. All statements other than statements
of historical fact in this announcement are forward-looking
statements, including the potential impact of COVID-19 on our
business within and outside of China. These forward-looking
statements involve known and unknown risks and uncertainties and
are based on current expectations and projections about future
events and financial trends that the Company believes may affect
its financial condition, results of operations, business strategy
and financial needs. Investors can identify these forward-looking
statements by words or phrases such as "may," "will," "expect,"
"anticipate," "aim," "estimate," "intend," "plan," "believe,"
"potential," "continue," "is/are likely to" or other similar
expressions. The Company undertakes no obligation to update
forward-looking statements to reflect subsequent occurring events
or circumstances, or changes in its expectations, except as may be
required by law. Although the Company believes that the
expectations expressed in these forward-looking statements are
reasonable, it cannot assure you that such expectations will turn
out to be correct, and the Company cautions investors that actual
results may differ materially from the anticipated results.
SOURCE Farmmi, Inc.