Joe Biden has gone on-record saying that he wants to re-classify marijuana from Schedule 1 (most illegal) to schedule 2 (slightly less illegal). Lee Adams explains what that would mean for the currently thriving legal cannabis marketplace, and how it would likely cause its complete downfall. Watch more episodes of Let Lee Explain: www.youtube.com/watch?v=xyIJSyXoLQk&list=PLDbSvEZka6GEMGslFGhQkJPqCebrmvHwL Click here to subscribe to VICE: bit.ly/Subscribe-to-VICE About VICE: The Definitive Guide To Enlightening Information. From every corner of the planet, our immersive, caustic, ground-breaking and often bizarre stories have changed the way people think about culture, crime, art, parties, fashion, protest, the internet and other subjects that don't even have names yet. Browse the growing library and discover corners of the world you never knew existed. Welcome to VICE. Connect with VICE: Check out our full video catalog: bit.ly/VICE-Videos Videos, daily editorial and more: vice.com More videos from the VICE network: www.fb.com/vicevideo Click here to get the best of VICE daily: bit.ly/1SquZ6v Like VICE on Facebook: fb.com/vice Follow VICE on Twitter: twitter.com/vice Follow us on Instagram: instagram.com/vice The VICE YouTube Network: VICE: www.youtube.com/VICE MUNCHIES: www.youtube.com/MUNCHIES VICE News: www.youtube.com/VICENews VICELAND: www.youtube.com/VICELANDTV Broadly: www.youtube.com/Broadly Noisey: www.youtube.com/Noisey Motherboard: www.youtube.com/MotherboardTV VICE Sports: www.youtube.com/NOC i-D: www.youtube.com/iDmagazine Waypoint: www.youtube.com/Waypoint

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