Seven states and the District of Columbia have adopted the most expansive laws legalizing marijuana for recreational use. Most recently, California, Massachusetts, Maine and Nevada all passed measures in November legalizing recreational marijuana.
It also would be Kroger's biggest takeover since 1998, when it bought the Fred Meyer food and merchandise store chain in the Northwest for more than $12 billion, according to financial data service Bloomberg.
Mr. Jorgensen sold the company to Kelso & Company, a New York leveraged buyout firm, in 1990 for $264 million, with his 32 percent stake worth $84 million.r. Jorgensen served on Mr. Reagan's ''kitchen cabinet,'' an informal network of businessmen who advised Mr. Reagan and urged him to run for governor of California in 1966 and later for President. But Mr. Jorgensen declined to take any job in Washington, saying that he wanted to stick with his business.