So last week I was talking about how to now use ArcGIS Pro with “Classic Licensing”. Well after following the directions on Esri’s website which resulted in no new licenses we finally realized that despite what Esri says on their support page. The original suggestion was just use the ArcGIS Desktop license for Pro 1.2. What you actually need to do is find your ArcGIS Pro 1.2 license in My Esri and use that. Make sense when you think about it but the directions from Esri before was just use your ArcGIS Desktop.
The disconnect was that you get ArcGIS Pro license code with your ArcGIS Desktop license. You just need to run the licensing wizard and then point your ArcGIS Pro to that license server. Then it works without an issue.