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
171: Streamlining Ag Labor with Michael Guirguis, Co-Founder & CEO of Seso Labor
170: AeroFarms Goes Public Via SPAC and Rebrands with Stacy Kimmel, VP of R&D
169: Scaling an AgTech Startup into New Markets with Israel Talpaz, CEO and Co-Founder of See Tree
168: The Latest in AgTech SPAC's, Carbon Markets, Indoor Farming & More with Vonnie Estes, VP of Technology of PMA
167: Enabling Farms to Access Financing and Capital with FarmRaise Co-Founders Jayce Hafner and Sami Tellatin
166: Sustainable Water Management in Agriculture & Farming with Josiah Terrell-Perica, Director of Farmland Investing at FarmTogether
165: Bringing Farming In-House with Loren Booth, President of Booth Ranches
164: Funding Regenerative Ag Transitions with Dan Miller, Founder and CEO of Steward
163: Lessons in Suburban, Community-Centric Farming with Cousin Brad of Heirloom Acres Farms
162: Making Produce Better and Faster Through Gene-Editing Technology with Haven Baker, Co-Founder and CBO of Pairwise
161: Acre Insights - Tyler's Regenerative Rant and Some Thoughts on Partnerships
160: From Investing in AgTech to Founding an AgTech Startup with Michael Ott, CEO and Founder of Rantizo
159: The Digital Distributed Agriculture of the Future with Sonia Lo, CEO of Sensei Ag
158: Acre Insights - Tyler Interviews Tim on the Produce Industry, AgTech, and Nuss Farms
157: Bootstrapping an AgTech Company with Steven Dodge, CEO and Co-Founder of Acuity Agriculture
156: Next-Gen Grain Marketing with Mark Johnson, CEO of GrainBridge
155: Sustainable, Plant-Based Crop Protection with Damian Hajduk, CTO of Crop Enhancement
154: Standardizing Sustainable Farmland Management with Kenny Fahey, Executive Director of Leading Harvest
153: Navigating the Transition to Regenerative Agriculture with Nuss Farms
152: Acre Insights - Our 2020 Takeaways and Lessons Learned
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