It's better but it's still a half measure and far away from the blanket pardons that the President (any president) needs to be signing asap.
I get the whole "progress is slow thing" but this is a case of politicians being the only slow ones. A supermajority of the public supports alcohol/marijuana parity.
Rescheduling marijuana is a multistep regulatory process set out in law that Biden initiated with an executive order the month before the 2022 midterm election, so its kind of weird to call it election year pandering.
