If the Biden administration moves forward with a recently proposed plan aiming to reclassify marijuana, the results could make major waves within the U.S. marijuana industry. It could also mean a great deal for Mississippi. The proposed plan would reclassify marijuana from a Schedule I drug to a Schedule III.

For decades, the United States’ “war on drugs” moved in one punitive direction. As the Biden administration’s dramatic moves help prove, it’s a new day.

Reclassifying cannabis is necessary and it’s a long overdue step, but it is not the end of the story, it’s not all we need to do,” Senate Majority Leader Chuck Schumer of New York said this week.