Benzinga | Nov 8, 2021 08:29AM EST

Farmmi Announces New Multi-product Order For Its Dried Black Fungus And Whole Dried Mushrooms

Farmmi, Inc. ("Farmmi" or the "Company") (NASDAQ:FAMI), an agriculture products supplier in China, today announced the Company's subsidiary Zhejiang Farmmi Biotechnology Co., Ltd., won a new multi-product order for its popular dried black fungus and whole dried mushrooms. The customer will export Farmmi's products to Vancouver, Canada.

Ms. Yefang Zhang, Farmmi's Chairwoman and CEO, commented, "We are pleased with the continued momentum we are seeing in our target international growth markets, including Canada, the U.S. and Europe. The health and nutrient benefits, rich flavor and ease of use are helping to drive demand. We are also encouraged by signs of improvement in the supply chain, which added with our ongoing efficiency improvements, and which will help us with pricing and profitability. Taken together, the continued sales in our business give us optimism in our continued prospects for revenue and profit growth, as we remain focused on building value for shareholders."