The head of the U.S. Senate announced on Monday that he will soon be filing a bill to legalize industrial hemp and allocate federal money for cultivation of the crop.

“We all are so optimistic that industrial hemp can become sometime in the future what tobacco was in Kentucky’s past,” U.S. Senate Majority Leader Mitch McConnell (R-KY) said at a press conference alongside the state’s agriculture commissioner.

“I will be introducing when I go back to senate a week from today,” he said, legislation to “finally legalize hemp as an agricultural commodity and remove it from the list of controlled substances.”

McConnell has already successfully attached language to broader legislation, such as the 2014 Farm Bill and annual spending packages, that shields state industrial hemp research programs from federal interference.

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