Benzinga | Aug 11, 2021 11:53AM EDT

Farmmi's Subsidiary Wins Multi-Product Order For US Export

* Agriculture products supplier Farmmi Inc's (NASDAQ:FAMI) subsidiary Zhejiang Forest Food Co Ltd has won a multi-product order from a long-term customer for undisclosed financial terms.

* The order is for the Zhejiang-based Farmmi's dried whole and sliced mushrooms and dried black fungus. The customer will export the products to the U.S.

* "Investments we have made in our manufacturing and logistics give us a significant competitive advantage and add confidence to our optimistic business outlook," said Chairwoman and CEO Yefang Zhang.

* Price Action: FAMI shares are trading lower by 0.56% at $0.43 on the last check Wednesday.