LISHUI, China, Aug. 29, 2022 /PRNewswire/ — Farmmi, Inc. (“Farmmi” or the “Company”) (NASDAQ:FAMI), an agricultural products supplier in China, received another repeat
LISHUI, China, Aug. 29, 2022 /PRNewswire/ — Farmmi, Inc. (“Farmmi” or the “Company”) (NASDAQ:FAMI), an agricultural products supplier in China, received another repeat customer’s order for its popular dried Shiitake mushrooms. The customer will export the Shiitake mushrooms to Jordan.
Ms. Yefang Zhang, Farmmi’s Chairwoman and CEO, commented “We are starting to see more customers trying to secure product further out in time. This gives us added visibility and is helpful in managing our supply chain from production and processing through warehousing and fulfilment. We believe the catalyst for the forward planning is an offshoot of the current global water drought, which is expected to have a materially negative impact on tomatoes, grapes and other products, which we do not presently sell. For us, mushrooms are one of the lowest water intensive products, making them one of the most environmentally friendly crops farmers can grow. We expect to see people increasing substituting mushrooms into their diets and recipes, which will potentially provide added uplift for our sales.”
