LISHUI, China,
Dec. 6,
2022 /PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the
"Company") (NASDAQ: FAMI), an agricultural products supplier in
China, today announced a new high
volume order which will ship to Israel. The latest repeat order comes from one
of Farmmi's long-term customers and is for the Company's popular
dried Shiitake mushrooms.
Ms. Yefang Zhang, Farmmi's
Chairwoman and CEO, commented: "ESG concerns have proliferated the
food industry given expectations for continued global population
growth combined with the destruction climate impact is having on
the worldwide food supply. This is due to loss of land from
flooding, increased temperature volatility causing crop yield loss
and the need to adopt sustainable practices. Farmmi has long taken
pride in the adoption of environmentally friendly agriculture
practices and policies across our operations. This has helped us to
prioritize where we invest and in what agriculture segments we
focus. In the case of our popular dried Shiitake mushrooms, these
check all the boxes with very low water usage, light bulk weight
for easier shipping and reduced fuel demands for transport.
Customers also appreciate the long life of dried Shiitake
mushrooms, which eliminates costly shrinkage that plagues the
agriculture industry and causes unfortunate waste."
About Farmmi, Inc.
Established in 1998, Farmmi Inc. (NASDAQ: FAMI) is an
agricultural products supplier, processor and retailer of edible
mushrooms like Shiitake and Mu Er, as well as other agricultural
products. In addition to its offline sales, Farmmi sells its
products direct-to-consumer. For further information about the
Company, please visit website.
Forward-Looking Statements
No statement made in this press release should be interpreted as
an offer to purchase or sell any security. Such an offer can only
be made in accordance with the Securities Act of 1933, as amended,
and applicable state securities laws. Certain statements in this
press release concerning our future growth prospects are
forward-looking statements regarding our future business
expectations and intended to qualify for the "safe harbor" under
the Private Securities Litigation Reform Act of 1995. Such
forward-looking statements involve a number of risks and
uncertainties that could cause actual results to differ materially
from those in such forward-looking statements. The risks and
uncertainties relating to these statements include, but are not
limited to, risks and uncertainties regarding lingering effects of
the Covid-19 pandemic on our customer's businesses and our end
purchaser's disposable income, our ability to raise capital on any
particular terms, fulfillment of customer orders, fluctuations in
earnings, fluctuations in foreign exchange rates, our ability to
manage growth, our ability to realize revenue from expanded
operation and acquired assets in China, our ability to attract and retain
skilled professionals, client concentration, industry segment
concentration, and general economic conditions affecting our
industry. Additional risks that could affect our future operating
results are more fully described in our United States Securities
and Exchange Commission filings. These filings are available at
www.sec.gov. Farmmi may, from time to time, make additional written
and oral forward-looking statements, including statements contained
in the Company's filings with the Securities and Exchange
Commission and our reports to shareholders. In addition, please
note that any forward-looking statements contained herein are based
on assumptions that we believe to be reasonable as of the date of
this press release. The Company does not undertake to update any
forward-looking statements that may be made from time to time by or
on behalf of the Company unless it is required by law.
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SOURCE Farmmi, Inc.
