The University of Mississippi is exploring plans to construct a new pharmacy research building.

College Board trustees on Thursday approved plans for Ole Miss to spend up to $1 million on architects to design a new three-story research building on the Oxford campus.

The plan is for labs for biomedical research as well as administrative space. The university says it doesn’t yet know how much a building might cost or exactly where it might be built.

The university says it might replace the existing Coy Waller Research Center, part of the National Center for Natural Products Research. That center has a license to grow marijuana legally for research.

The Ole Miss Pharmacy School added research space when it dedicated a new wing of the Thad Cochran Research Center in 2015.