A good explanation:

https://www.capitalpress.com/ag_sectors/dairy/california-dairy-farmers-in-quandary-over-quota/articl...

So I guess all those things they say about California are true.  Land of fruits and nuts, and brown cows.  Well, OK, now they are newsom cows.  Doesn't look anything like a liquor license to me, because the purchase was voluntary.  There are enough special rules for farmers, I wouldn't be surprised if it could have been expensed when bought.  Sort of like field tile, but intangible.