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
190: The Acceleration of Electric Tractor Adoption with Praveen Penmetsa, Co-Founder and CEO of Monarch Tractor
189: Robotic Weeder Product Development with Jon Mey, Director of Product at Carbon Robotics
188: The Story of AgWorld and Farm Management Innovation with Zach Sheely, President of AgWorld
187: Learning from the Soil through DNA Sequencing with Rob Hranac, CEO of Pattern Ag
186: Digital Innovation in the Fresh Produce Industry with Kim Bui, Global Head, FreshCloud Infrastructure and Analytics at AgroFresh
185: Plant-Based Meat Ingredient Breeding with Matt Crisp, CEO and Co-Founder of Benson Hill
184: AgTech M&A with Bushel and Farmlogs Founders, Jake Joraanstad and Jesse Vollmar
183: Understanding Regenerative Agriculture with John Kempf
182: Oatly's Head of Sustainability, Julie Kunen
181: Acre Insights - The Impact of the Drought, Abundant Robotics Shuts Down, and a Major Gap in Co-Packing for Farmers
180: Solving Renewable Energy Problems in Ag with Bob Powell, Founder and CEO of Brightmark
179: From Founding Team at Granular to CEO of Sound Agriculture with Adam Litle
178: Using Crypto To Solve Carbon Market Problems with Paul Gambill, CEO and Co-Founder of Nori
177: Building Resilience in the Food Supply Chain with Rhonda Bassett-Spiers, President & CEO of iTradeNetwork
176: Innovating the Ag Retail Model with Alexander Reichert, Co-Founder and CEO of AgVend
175: An Insiders Look At Farmland Operations With Jason Kosareff, Farmland Asset Manager at FarmTogether
174: Acre Insights - Is Regenerative Ag Losing Its Buzz? Plus Ag Cryptocurrency, Bowery Funding, and Nuss Farms Update
173: Selling Bolthouse Farms to Campbell's and Buying it Back with Jeff Dunn, CEO of Bolthouse Farms
172: A Farmer Founds a Distribution Company and Retail Brand with Michael Bosworth, CEO of Next Gen Foods
171: Streamlining Ag Labor with Michael Guirguis, Co-Founder & CEO of Seso Labor
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