Is it possible to directly import VCV Rack 1 presets into VCV Rack 2?

I have searched the site and forum and feel like I have missed some basic information.

I’d like to know if it is possible to import VCV Rack 1 presets into VCV Rack 2 ?

If I use the File menu the old patches are greyyed out,

EDIT: I have discovered that I can drag the Rack V1 patches onto Rack V2 and they will load. But if I double click a preset file it will not load…

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