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Benzinga

Business

Shivani Kumaresan

Farmmi Wins Follow-On Product Order For Canada Export

Farmmi Canada FAMI Farmmi Inc Vancouver Yefang Zhang

Farmmi Inc (NASDAQ:FAMI) said its subsidiary Zhejiang Farmmi Biotechnology Co Ltd won another follow-on product order. The financial terms were not disclosed.
The latest order for dried Shiitake is from one of the company's long-term customers, which will export Farmmi's products to Vancouver, Canada.
"We are seeing a higher level of customer activity than is typical for this time of year as positive demand tailwinds from last year continue into 2022," said Farmmi's Chairwoman and CEO Yefang Zhang.
Price Action: FAMI shares are trading higher by 5.27% at $0.24 on the last check Tuesday.

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