Tuesday, July 5, 2022

Farmmi Expands Reach into North America with Mexico Order

Farmmi, Inc., an agricultural products supplier in China, announced that it is expanding its reach into North America, with its latest sales order for dried Shiitake mushrooms to export to Mexico.

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Ms. Yefang Zhang, Farmmi’s Chairwoman and CEO, commented, “This is very exciting and underscores the increased momentum we are seeing in our business. We have always had a solid presence in North America led by the U.S. and Canada. Our latest sale to Mexico represents a further expansion and reflects the strong global demand for high-quality agricultural products. Food safety is a growing focus for governments, businesses and end consumers. We are in a great position with our large scale capacity, certified production and handling processes and track record of excellence. While this is just one order it is strategically important and we will work to increase our shipments to Mexico as we move forward.”

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.

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

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