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Source: Igor Bonifacic / Engadget
Adobe Premiere Pro users who want Apple M1 Macs will get their hands on an optimized version of the app. Adobe released an in-development version of Premiere Pro for Apple's new chip architecture. Since it's in beta, you won't have access to all the features yet, but it has all of the app's core editing and workflow functions.
Adobe prioritized features like support for frequently used codecs, including H.264, HEVC, and ProRes. And if there are features you want access to, you can use the Intel version of the app through Rosetta 2 emulation.