A survey of 95 Wisconsin bank CEOs and presidents by the state’s largest financial industry trade association, the Wisconsin Bankers Association (WBA), has found low confidence for funding investments in Wisconsin’s new hemp industry at this time, according to a release from the group.

83% of the respondents said “no,” with only 17% saying “yes” to the two questions asked in the survey:.

The first question was, “If the 2018 Farm Bill changes the federal view of hemp, will your bank actively seek to provide loans to industrial hemp farmers and/or processors in Wisconsin?”

In Nov. 2008, Democrats swept into power in Wisconsin, gaining control of both houses of the state legislature with incumbent Gov. Jim Doyle already holding down the executive branch. Rep. Mark Pocan (D-Madison) and Sen. Jon Erpenbach (D-Waunakee) were the sponsors of Assembly Bill 554/Senate Bill 368, the Jacki Rickert Medical Marijuana Act (JRMMA).