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
251: Building Tech for Carbon Markets with Troy Carter, CEO and Co-Founder of Earthshot Labs
250: Acre Insights - Will Harris on Joe Rogan Podcast, Is Crypto Dead, Elon Buys Twitter & Nuss Farms Update
249: John Deere Acquisition, Scaling Autonomous Tractors, and Product Market Fit with Igino Cafiero, CEO and Co-founder of Bear Flag Robotics
248: Learning from the Soil through DNA Sequencing with Rob Hranac, CEO of Pattern Ag
247: The REIT Model for Organic Farmland Investing with Iroquois Valley Farmland REIT's Bill Stoddart and Chris Zuehlsdorff
246: Acre Insights – Our Takeaways from the RFSI Forum (Regenerative Ag Investing)
245: Fractionalized Farm Ownership in an Emerging Market with Oscar Baracaldo, CEO and Co-Founder of Farmfolio
244: Focused Venture Capital and the Venture Studio Model with Connie Bowen, General Partner of Farmhand Ventures
243: Innovating the Ag Retail Model with Alexander Reichert, Co-Founder and CEO of AgVend
242: Acre Insights - Kim K & Content Creation, USDA "Climate Smart" Grants, Patagonia Profits & More
241: Tokenizing Agro Commodities on the Blockchain with Eduardo Novillo Astrada, CEO & Co-Founder of Agrotoken
240: A Nuanced Deep-Dive into Regenerative Ag with David Leon of Farmer’s Footprint and Biome Capital
239: AgTech Realties and Hot Takes with Nathan Faleide, AgTech Consultant
238: Developing Natural Ingredients to Reduce Food Waste with Natasha Dhayagude, Co-Founder & CEO of Chinova Bioworks
237: Acre Insights - Battle of SXSW Panels on Regen Ag, Tyler's Rivian Road Trip & Nuss Farms Update
236: Investing in Regenerative Ag in 2022 with Anthony Corsaro, Director of Business Development for RFSI
235: Growing Ancient Grains to Develop a Consumer Product with Claire Smith, Founder and CEO of Teffola
234: Replacing Vegetable Oils with "Cultured Oil" with Jeff Nobbs, Co-Founder & CEO of Zero Acre Farms
233: Acre Insights - Regenerative vs. Organic Revisited and "Co-op Corner"
232: Innovating an Established Agribusiness with Mike Hemman, CEO of Netafim
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