Licensing opens the door for bribery. And, it means simple possession isn't proof of a crime, because there might be a license somewhere.
Corruption at its purest. Americans still sort of pretend, but only to cover for the most thorough-going corruption the world has ever seen.
I am sure rich Chinese, who were the only ones that could afford this kind of "medicine" before it was banned, or those who cater to then, will have no trouble getting licenses
This smells like an "art of the deal" maneuver. It feels more about political than status quo, or even old medicine.