By Christopher Rosen
Updated August 16, 2016 at 03:17 PM EDT
Credit: Comedy Central

Larry Wilmore commented on the cancellation of his Nightly Show on Monday night’s episode, joking that Comedy Central’s decision to remove the show from its late-night lineup proved “racism is solved.”

“My only regret is that we won’t be around to cover this truly insane election season,” Wilmore said on Monday night. “Although on the plus side, on the plus side, I must say, our show going off the air has to only mean one thing: racism is solved. We did it.”

The host’s final show is set for Thursday.

Earlier Monday, Comedy Central announced The Nightly Show had been canceled, in part, because of its low ratings. “Even though we’ve given it a year and a half, we’ve been hoping against hope that it would start to click with our audience, but it hasn’t happened, and we haven’t seen evidence of it happening,” Comedy Central president Kent Alterman said in an interview with the New York Times.

On Monday’s episode, Wilmore thanked Comedy Central for the “rare opportunity” to host a late-night show, and passed along his gratitude to the Nightly Show staff and fans for their support. (Audience members chanted “Larry!” as the show began, with one fan shouting to Wilmore, “I love you”)

“When we started the show we wanted to have a conversation on some very tough subjects, and we’ve had a lot of fun doing just that,” Wilmore said. “Really our show was at its best when the news was at its worst. I’m just so proud we were able to take on real issues, and hopefully say something powerful while making people laugh on some very, very dark days.”

Watch the opening segment of The Nightly Show below.