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Stock impact report

Farmmi Subsidiary Continues to Drive Revenue Growth

Farmmi, INC. - Ordinary Shares (FAMI) 
Company Research Source: PR Newswire
LISHUI, China, May 12, 2020 /PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI), an agriculture products supplier in China, today announced its subsidiary Zhejiang FLS Mushroom Co., Ltd., continues to drive revenue growth with another repeat customer order for Shiitake and black Mu Er mushrooms. The latest order is from an existing customer, which distributes agriculture products in China. Ms. Yefang Zhang, Farmmi's Chairwoman and CEO, commented, "We are very pleased with the momentum we are seeing in our business. As markets start to come back online we are in a good position to meet the increasing demand for edible fungus products. We have been disciplined throughout the COVID-19 pandemic to ensure the health and safety of our employees, partners and customers. As a result, we emerged in a strong position, with critical inventory and an expanding pipeline of opportunities."About Farmmi, Inc.Headquartered in Lishui, Zhejiang, Farmmi, Inc. (NASDAQ: FAMI), is a lead Show less Read more
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