LISHUI, China, May 13, 2021 /PRNewswire/ -- Farmmi, Inc.
("Farmmi" or the "Company") (NASDAQ: FAMI), an agriculture
products supplier in China, today
announced its latest sales win underscoring the continued growth in
worldwide demand for mushrooms. The Company's Zhejiang Forest Food
Co., Ltd. subsidiary was awarded another multi-product order for
export to Israel. This latest order is for dried whole and
sliced Shiitake mushrooms, and dried black fungus.
Ms. Yefang Zhang, Farmmi's
Chairwoman and CEO, commented, "We are benefiting from increased
customer engagements worldwide. Investments we made in
building out our supply chain, warehousing, packaging and logistics
are giving Farmmi an advantaged competitive position. Our
ability to source high-quality mushrooms and edible fungi from
major suppliers sets us apart. For example, one of our major
suppliers is located in Qingyuan County, the birth place of
artificial cultivation dating back about 1,000 years. When we
leverage that high level of product with our sophisticated supply
chain, superior quality control system and logistics, it is a
Ms. Zhang continued, "We are at a major inflection point in the
development of the industry. Mushrooms are now a common staple in
households and restaurants. Because mushrooms are so vitamin
and nutrient dense, they are becoming a power food for people
seeking improved health and wellness. Farmmi is in a great
position to benefit from this momentum, and we plan to capture an
increased share of the sales opportunities in front of us as we
grow with both existing and new customers."
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 other
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.
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SOURCE Farmmi, Inc.