Farmmi Bags Repeat Order For Jordan Export

  • Farmmi Inc (NASDAQ:FAMI) has received a repeat high-volume order to export to Jordan. The financial terms were not disclosed.
  • The multi-product order is for the company's dried Shiitake mushrooms and black fungus.
  • "We believe we are capturing a greater number of these opportunities than the company has been able to previously," said Farmmi's Chairwoman and CEO Yefang Zhang.
  • "This directly reflects the return on our investments in sales and marketing, automation and our supply chain."
  • Farmmi is an agricultural products supplier, processor and retailer of edible mushrooms like Shiitake and Mu Er, as well as other agricultural products.
  • Price Action: FAMI shares are trading lower by 0.64% at $0.4513 on the last check Tuesday.
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