Benzinga | Jan 6, 2021 07:04AM EST

Farmmi Secures Follow-On Order from Multi-Channel Customer

Farmmi, Inc. ("Farmmi" or the "Company") (NASDAQ:FAMI), an agriculture products supplier in China, today announced the Company's subsidiary, Zhejiang Forest Food Co., Ltd., has secured a follow-on order from a multi-channel customer, with over 100 retail stores in China and Canada, and a major export business. The latest order is for dry mushrooms.

Ms. Yefang Zhang, Farmmi's Chairwoman and CEO, commented, "We are entering 2021 benefitting from all the work we have done in 2020. Our focus on partnerships, innovation and milestones put a strong platform for growth in place, with the pandemic acting as an accelerant. The business momentum we are building is really a testament to all of the innovations our team has been able to achieve and our heightened capabilities to match customers with the high quality, natural food products they need and tailored delivery they require. We are optimistic about Farmmi's growth prospects for 2021 and believe the broader industry trends we have been benefiting from will continue, as even more people take a holistic approach to wellness in their daily lives."