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Benzinga
Benzinga
Business
Shivani Kumaresan

Farmmi Wins New Order For Dried Shiitake Mushrooms

Farmmi FAMI Yefang Zhang Egypt Farmmi Inc Nasdaq
  • Farmmi Inc (NASDAQ:FAMI) secures a new order shipment to Egypt for its dried Shiitake mushrooms. The financial terms were not disclosed.
  • "Egypt is representative of the continued rebound we are seeing worldwide from COVID-19, which is also benefitting from heightened interest in healthy diets and meat alternatives," said Yefang Zhang, Farmmi's Chairwoman and CEO.
  • Farmmi is an agricultural products supplier, processor, and retailer of edible mushrooms like Shiitake and Mu Er.
  • Price Action: FAMI shares are trading higher by 3.10% at $0.16 on the last check Tuesday.
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