By Tony Owusu New York has approved adult-use cannabis in the state, despite not having cannabis infrastructure ready to facilitate sales, Rhode Island has not yet approved the legalization of recreational use. Cannabis stocks are taking a bath along with the wider market amid Monday’s selloff. The AdvisorShares Pure Cannabis ETF (YOLO) – Get AdvisorShares Pure Cannabis ETF Report is down 6.5%, the Cannabis ETF (THCX) – Get Cannabis ETF Report is down nearly 8%, and Amplify Seymour Cannabis ETF (CNBS) – Get Amplify Seymour Cannabis ETF Report is down about 7%. That’s the macro outlook, but as …