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Here’s a concise troubleshooting article for the “Mastercam 2021 license not found” error.
haspdinst -info (run as admin)to manage licenses. If this service isn't running or is outdated, the license will not be detected. Check Service Status : Open the CodeMeter Control Center mastercam 2021 license not found
How to Activate Mastercam Offline - No Direct Internet Access to manage licenses