License for the product has stopped working

I keep receiving this error message again and again, whenever I try to start Adobe Photoshop. I have a licensed version and have made sure that the keys are correct.
Licensing for this product has stopped working. This product has encountered a problem which requires that you restart your computer before it can be launched.
If you continue to see this message after restarting your Computer, please contact either your IT administrator or Adobe Technical support for help, and mention the error code shown At the bottom of this screen Error: 150:30 https://helpx.adobe.com/support.html
I have restarted the application several times and I have restarted my PC also 2 times. Not sure how to get rid of this error message.
Any help is appreciated on this.
