Not too sure what your goal is. Are you wanting to know if this setup can extract? Or you want to use it to reduce/distill.
I am curious as to what you planned on heating the boiling flasks with. Also, not sure why you would want to use steam to extract. As far as I know, canabinnoids are not water soluble without emulsification. They are lipophilic, meaning they dissolve better in fats and oils than in water.
I dont think either of your configurations are going to work very well to evaporate. Certainly wont work to extract using steam. As others have suggested, please look into safety guidelines if attempting to use this. And I can see it only good to reduce/distill. Not extract.
1)
HIGH RISK OF EXPLOSION! Neither configuration is vented! Pressure build up! Unless under vacuum, the 'receiver' should not be sealed to the apparatus. Allow the recovered solvent to drip into the receiver, open-ended, at atmospheric pressure.
2) The configuration on the right isnt going to work well to reduce/distill because of the column before the condenser. That particular column is designed to separate water/solvent. Theoretically, you would be retaining a lot of water content - not good.
3) If going ahead with this, I would use a smaller boiling flask. How are you going to recover the concentrate? If going for a tincture, it can be poured out. But if wanting oil, you will need to collect it somehow from the flask. A smaller flask makes it much easier.
So with what you have there, distillation or reduction could be done. Here is how I would configure what you have. You need at least one more lab stand. The condenser should be supported as well:
1) Use the double neck flask as the boiling flask. Install a thermometer in the offset neck to monitor solution/vapor temp (optional).
2) Ditch the biomass flask above the double neck flask and install that condenser directly to the double neck boiling flask. Support the condenser with an additional lab stand. Leave the bottom of condenser 'open-ended' to prevent pressure build up and allow condensed solvent to drip into a receiver.
3) Move the setup to your stove if no other heat source. Use a pot of water on stove to heat the double neck boiling flask containing the solution to be reduced. Ethaol/isopropynol has a much lower vapor point than water. Typically around 78C. So boiling water is more than enough to evaporate solvent.
4) Do this in a well ventilated space.
You could easily improve the setup with the proper components.
DISCLAIMER:
I am not a expert. This is only a suggestion. Know the dangers and do this at your own risk.