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
291: Monetizing and Modeling Regenerative Agriculture - Co-op Members Call
290: Solving Alternative Protein with Cultivated Meat with Maria Cho, CEO of Triplebar
289: Where Do the Crops Go? Understanding Demand - Topsoil Series with Ariel Patton
288: Systems-Approach to Investing in Regenerative Agriculture with Stephen Hohenrieder, CEO of Grounded Capital
287: Acre Insights - Tyler Goes Viral in Europe, Indoor Farming, CPG Greenwashing, and Kiss the Ground's New Film
286: The Latest in California Farming with Derek Azevedo, EVP at Bowles Farming Co.
285: Are Biologicals the Tipping Point for the Next Phase of Agriculture with Mick Messman, CEO of DPH Biologicals
284: Scaling and Automating the Back Office with Peter Martin of Pinion and Matt Powell of Robot Accounts
283: Leveraging AI in Business and Agriculture - Co-op Members Call
282: Scaling AgTech through Acquisitions and Technology with Dr. Michael Gilbert, Founder of Semios
281: FBN's AI Agronomist Experiment with Kit Barron, Head of Data Science & Analytics
280: The Story of Maui Nui Venison - Wild, Stress-Free Meat with Founder and CEO Jake Muise
279: Understanding Yield - Topsoil Series with Ariel Patton
278: Sustainability at Nutrien, the Country's Largest Ag Retailer with Carson Britz
277: Founding the Largest Farmland REIT with Paul Pittman, Founder of Farmland Partners
276: The Business Case for Commercializing Regenerative Ag with Jessie Deelo, Founder of Deelo Consulting
275: What is Agri FinTech? Investment, Trends, and More - Co-op Members Call
274: Bridging Farm Data Through API with Bailey Stockade, CEO and Co-Founder of Leaf
273: Autonomy and Farming-as-a-Service with Craig Rupp, CEO and Founder of Sabanto
272: The Business of Farming - Topsoil Series with Ariel Patton
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