License and usage policySite URL: hidden Theme version: 7.2.6 WooCommerce version: 5.1.0
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According to the ThemeForest license policy, you can use 1 license for 1 project only (dev site, production site, localhost but the same project) – https://themeforest.net/licenses/terms/regular
Multiple demo site
I would recommend you to contact the support of Envato to clarify it. The license works according to their rules.
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One standard license is valid only for 1 project. Running multiple projects on a single license is a copyright violation.