klahoma voters will reject legalization of recreational marijuana,
Voters in Oklahoma will reject a ballot measure that would have legalized recreational marijuana in the state for adults ages 21 and older, CNN projects.
The ballot measure at stake in Tuesday’s special election was one of several such measures on cannabis use that has been considered by voters in recent months.
Oklahoma’s measure would have allowed for possession of up to 1 ounce of marijuana and the growth of up to six mature marijuana plants and up to six seedlings. If it had passed, there would also have been a 15% tax of sales for recreational marijuana in the state.
Supporters of legalizing recreational marijuana in the Sooner State had pushed to see this measure on the ballot for years. Due to legal challenges and ballot inclusion deadlines, State Question 820 was left off the ballot in November.
During the midterms, voters in five states considered legalizing recreational marijuana. Ballot measures in November failed in Arkansas, North Dakota and South Dakota, while voters in Maryland and Missouri were able to pass similar ballot measures.
s medical marijuana legal in Oklahoma?
Yes. In 2018, Oklahoma approved a ballot measure legalizing the use, sale and growth of medical marijuana. Recreational use of marijuana, however, remains illegal in the state.
How to watch the 2023 ACC women’s basketball tournament
The ACC women’s basketball tournament runs Wednesday-Sunday at Greensboro Coliseum, with Notre Dame holding the top seed as the regular-season champion.
Here’s the complete schedule and TV information for the tournament:
ACC women’s tournament TV schedule
First Round – Wednesday, March 1
No. 12 Wake Forest 68, No. 13 Virginia 57
No. 10 Clemson 71, No. 15 Pitt 53
No. 11 Boston College 62, No. 14 Georgia Tech 57
Second Round – Thursday, March 2
No. 12 Wake Forest 65, No. 5 Florida State 54
No. 8 NC State 83, No. 9 Syracuse 58
No. 7 North Carolina 68, No. 10 Clemson 58
Game No. 7 – No. 6 Miami vs. No. 11 Boston College, 8 p.m. (ACC Network)
Quarterfinals – Friday, March 3
Game No. 8 – No. 4 Louisville vs. No. 12 Wake Forest, 11 a.m. (ACC Network)
Game No. 9 – No. 1 Notre Dame vs. No. 8 NC State, 2 p.m. (ACC Network)
Game No. 10 – No. 2 Duke vs. No. 7 North Carolina, 6 p.m. (ACC Network)
Game No. 11 – No. 3 Virginia Tech vs. Winner of Game No. 7, 8 p.m. (ACC Network)
Semifinals – Saturday, March 4
Game No. 12 – ACC Semifinal No. 1, Noon (ACC Network)
Game No. 13 – ACC Semifinal No. 2, 2:30 p.m. (ACC Network)
Championship – Sunday, March 5
Game No. 14 – Championship Game, 1 p.m. (ESPN)
Rangers’ Jacob deGrom ‘felt really good,’ takes massive step toward injury recovery
Jacob deGrom’s tenure with the Texas Rangers got off on the wrong foot as he was already dealing with an injury. However, deGrom now seems to be on the right track and ready to help the Rangers make a postseason push.
deGrom dealt with left side tightness on the onset of Spring Training. However, the Rangers’ new ace was able to throw his first bullpen session on Thursday. After throwing 22 pitches, deGrom seemed to be past the side tightness that originally derailed him, via MLB.com’s Kennedi Landry.
“I felt really good,” deGrom said of his bullpen session. “The past few days it felt really good and back to normal. So we just took four days off without throwing before I got back to normal. It was a step in the right direction. The plan moving forward is to keep progressing and build up pitch count and get in some games.”
Before even coming to Spring Training, deGrom said he threw at least five bullpen sessions on his own. While he may have been shut down, he said it was more precautionary and that he didn’t feel behind any other of the Rangers’ pitchers.
Texas will be elated to hear of Jacob deGrom’s quick recovery. Injuries have been the one thing holding the right-hander back. Over the past three years, deGrom hasn’t made more than 15 stars in a season and was limited to just 11 in 2022.
Wall Street has purchased hundreds of thousands single-family homes since the Great Recession. Here’s what that means for rental prices
Institutional investors may control 40% of U.S. single-family rental homes by 2030, according to MetLife Investment Management. And a group of Washington, D.C., lawmakers believe that Wall Street needs to back away from the market.
“What we’re saying is don’t have private equity buying up single -family homes,” said Rep. Ro Khanna, a Democrat representing California’s 17th Congressional District. Khanna is the lead author of the Stop Wall Street Landlords Act of 2022. “What’s outrageous is your tax dollars are helping Wall Street buy up single-family homes,” he said in an interview with CNBC.
The single-family rental industry got its start with government backing in the fallout after the 2008 financial crisis. “It was that rare opportunity that attracted the institutions to build a portfolio out of these foreclosed properties” said Steven Xiao, an assistant professor of finance and managerial economics at the University of Texas at Dallas.
Since the early 2010s, Tricon Residential, Progress Residential, American Homes 4 Rent, Invitation Homes have each bought thousands of homes. They’ve also added to the housing supply in some cases with built-for-rent communities.
Some of these companies are financed by private equity firms like Blackstone and investment managers like Pretium Partners.
“It’s almost a captive market” said Jordan Ash, director of Labor-Jobs and Housing at the Private Equity Stakeholder Project. “They’ve been very explicit about how people are shut out of the homebuying market and are going to be perpetual renters.”
These calls come after fierce housing inflation hit many Sun Belt states, including Texas, Florida and Georgia, according to the National Association of Realtors.
The prices in their Sun Belt markets have outpaced national figures for rent inflation, according to research compiled by Zumper for CNBC. Between January 2020 and January 2023, rents for a two-bed detached home increased about 44% in Tampa, Florida, 43% in Phoenix, and 35% near Atlanta. That’s compared to a 24% increase nationwide.
Industry advocates argue that they do not control enough market share to dictate prices in any market. Large institutions owned roughly 5% of the 14 million single-family rentals nationally in early 2022, according to analysts.
By 2030, the institutions may hold some 7.6 million homes, or more than 40% of all single-family rentals on the market, according to the 2022 forecast by MetLife Investment Management.
In the short term, however, some companies may retreat from the real estate market as correction concerns mount. “You will see some selling by us,” said Jon Gray, Blackstone’s chief operating officer,
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