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Stock impact report

Farmmi Wins New U.S. Customer

Farmmi, INC. - Ordinary Shares (FAMI) 
Company Research Source: PR Newswire
LISHUI, China, Feb. 27, 2020 /PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI), an agriculture products supplier in China, today announced it won a new U.S. customer.  The U.S. retailer signed a contract to purchase more than 6 tons of Farmmi's specialized shiitake mushroom products, including flower mushrooms. Ms. Yefang Zhang, Farmmi's Chairwoman and CEO, commented, "This new customer was referred by one of our existing customers based on their high satisfaction with our products.  This is a significant order for us and reflects the continued demand growth we are benefitting from as we leverage our increased investments in sales and marketing, while building upon Farmmi's strong brand recognition and existing customer relationships.  Importantly, we have been able to operate our business with minimal disruptions in the current environment due to our inventory sourcing system, inherent stability of the dried mushrooms we sell and our coordination with the govern Show less Read more
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