This is the story of The Wonderful Company and Stewart and Lynda Resnick, the billionaire power couple that started one of the largest private holding companies in the world. In addition to owning notable brands like POM, Teleflora, Fiji Water, and more, the Resnicks are also one of the largest farmland owners in the US and are market leaders across almonds, pistachios, pomegranates, mandarins, and lemons.
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This episode is presented by Local Line. Learn more HERE. Check out our interview with Cole.
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Show Notes:
(01:26) The Story of the Wonderful Company
(03:24) Stewart Resnick
(06:37) Lynda Resnick
(11:19) Flowers by Wire: Teleflora
(18:34) The Franklin Mint: “Startups are a bitch”
(24:23) Early Farming Days
(31:18) Roll International and Water Controversy
(38:53) POM
(45:50) Fiji Water from Fiji, not Cleveland!
(49:45) Mandarins, Cuties, and Halos Oh My!
(54:43) The Wonderful Company and Wonderful Pistachios
(56:36) Stewart’s Big Personality
(59:00) Revenue
(59:32) Other Ag Businesses
(1:00:04) Wine and Lemons, too?!
(1:01:27) Recent Lawsuit
(1:02:17) Closing Thoughts and Analysis
348: The Not-So-Secret Corruption of America's Food System with Austin Frerick
347: AgTech Diligence and How to Impress AgTech VC with Michael Lavin, Managing Partner at Germin8 Ventures
346: Farming in California's Central Valley with Jason Giannelli
345: Enabling Soil Carbon at Scale with Chris Tolles, CEO and Co-Founder of Yard Stick
344: Why Your Farm or Family Business NEEDS to Think About Succession Planning
343: Acre Insights - Our World Agri-Tech Takeaways (Plus the Best Marketing Hack of the Show)
342: Produce Pay's New CEO on Disrupting the Retail Pricing Model
341: The Food Manufacturing Guy on Challenges of CPG, Ingredient Confusion, and Anonymous X Accounts
340: M&A, AI, Electrification & More with Marc Kermisch, the Global Chief Digital and Information Officer of CNH Industrial
339: How Syngenta is Thinking About The Future of Agriculture with Feroz Sheik
338: Maui Nui Venison - Strategy Series with Jack Richardson
337: Ag Economics 101 - The Census and California Ag with Matt Woolf of Terrain Ag
335: Acre Insights - Are Things Getting Weird in AgTech and Farming Right Now?
334: Working on Chipotle's Local Sourcing Program and What's Next for Local Line with Cole Jones
333: The Domain Name Investor That Built a DTC Onion Business
332: Understanding Precision Agriculture - Topsoil Series with Ariel Patton
331: Rolling Up Legacy Processors with Phil Taylor, Co-Founder of Mad Ag & Mad Markets
330: Predicting the Shelf Life of Produce with Strella's CEO & Co-Founder Katherine Sizov
329: Acre Insights - Our Experience with Produce Box Delivery, David Friedberg's Move to Ohalo, and Starlink-Deere Deal Thoughts
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