When I try to enter Edit in Photoshop, it comes up with a new screen, Error 150:30.

When I try to enter Edit in Photoshop, it comes back with Error 150:30, "Licensing for this product has stopped working."  How do I correct this issue?

I'm guessing you use a Mac.It's a common problem
Run the python script in the License Recovery tool. Follow the instructions for your version of OSX. You will be using Terminal to run this script.
http://helpx.adobe.com/x-productkb/global/error-licensing-stopped-mac-os.html#main_Solutio n_2__Run_the_License_Repair_Tool

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