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
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270: Acre Insights - World AgriTech Takeaways: Farmers, Biologicals, Consolidation & More
269: State of AgriTech Investing with Michael Macolino of SVG Ventures Thrive - Co-op Members Call
268: Farming in California in 2023 with Stuart Woolf, President & CEO of Woolf Farming & Processing
267: Enabling AgTech Innovation with AWS's Head of Worldwide Agriculture, Elizabeth Fastiggi
266: Leaning into Seasonality - Topsoil Series with Ariel Patton
265: Scaling an AgTech SaaS Platform with Aaron Hutchinson, President and Co-Founder of CropTrak
264: Acre Insights - Organic Exposed? Our Experience with Organic Farming, Plus 2023 Co-op Updates
263: Commerce for Regional Food Systems with Cole Jones, CEO and Founder of Local Line
262: AgTech Software Solutions for Farm Accounting with Ian Harley, CEO and Co-Founder of Traction Ag
261: Established AgTech Investment, Scale, and Distribution with Guillermo Valenzuela, VP of Sales and Marketing at WiseConn
260: Farmer Trey Hill on Carbon Markets, AgTech, Regenerative & More!
259: AgTech in 2023 Deep Dive with Verdant Robotics Founders Gabe Sibley and Curtis Garner
258: Connecting Brands and Farmers through Outcomes-Based Regenerative Agriculture with Chris Kerston, Co-CEO of Land to Market
257: Acre Insights - Tim is Joining Nuss Farms Full Time! Plus 2023 Predictions
256: Food Safety Data Innovation with Erik Westblom, Co-Founder & CEO of Provision
255: The Data-Driven Case for Regenerative Agriculture with Proof's Shannon Boselli and Clara Cecil
254: Action-Oriented Research in Regenerative Ag Finance with Lauren Manning, Senior Associate with the Croatan Institute
253: Financing Regenerative Organic Transitions with Brandon Welch, Co-Founder and CEO of Mad Capital
252: Advocacy for California Winegrape Growers with Natalie Collins, Interim President of CAWG
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