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Farmmi, Inc. (FAMI) is Rising in Aftermarket – What’s Driving It Higher?

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Farmmi, Inc. (FAMI) has seen an increase of 4.25% in the aftermarket without any specific reason. Moreover, the last trading session closed at $0.4278 with an incline of 1.16%.

FAMI Wins New Order for Export to Southwest Asia

FAMI announced on 7th September 2021 that Zhejiang Forest Food Co., Ltd., has secured a new product order for its renowned dried Shiitake mushrooms. The buyer shall export the Farmmi’s Shiitake mushrooms to Southwest Asia. Moreover, the company is able to utilize numerous partners’ logistical investments. This allows them to concentrate on their direct farm and collective networks, ensuring that they have enough supply to fulfill the increasing demand for agricultural goods.

FAMI Wins New Order for Export to Lebanon

FAMI happily announced on 1st September 2021 that they have won another order for export to Lebanon. Zhejiang Farmmi Biotechnology Co., Ltd., said that it has received a new product order for their famous dried whole Shiitake mushrooms. The buyer will export these Farmmi’s Shiitake mushrooms to Lebanon.

Reasons why FAMI is getting success

According to them, the growing sophistication of consumer diets, the need for more vitamin and nutrient-rich goods, and the mainstreaming of vegetarian options have all contributed to significant momentum for the company.

FAMI benefits from Accelerating Sales Growth

On 25th August 2021, FAMI announced that for its famous dried whole and sliced mushrooms, the company received a fresh multi-product order from a long-time client. FAMI’s products will reach Vancouver, Canada.

Moreover, the company is getting benefits from increased worldwide demand as well as its competitive edge. FAMI is focusing on increasing growth through product innovation and improved client connections.

Increased sales in North America

FAMI stated about their increased sales in North America on 17th August 2021. The firm highlighted the continued success of its worldwide expansion plan. Dried Shiitake mushrooms, as well as dried and sliced Shiitake mushrooms, are the most recent orders. The client, a Canadian international trade firm, specialized in importing and distributing Asian food goods in the Vancouver, Calgary, and Winnipeg areas.

Farmmi Wins Another Multi-Product Order, Exporting to the U.S.

On 11th August 2021, Zhejiang Forest Food Co., Ltd., said that a long-term client had placed a multi-product order for its famous dried whole and sliced mushrooms, as well as a dried black fungus. FAMI’s products will export to the United States.

Firstly, the company continues to grow its business by offering high-quality food items. Secondly, their manufacturing and logistics investments have given them a considerable competitive edge. Thirdly, it has added confidence to their upbeat business outlook. Last but not the least, FAMI has reached a turning point in its development. Hence, they continue to expand as a result of their strong worldwide demand trends in culinary applications and traditional Chinese medicine.

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