Owning it has nothing to do with it. It’s legal because there’s not a law against it. Just because you own something doesn’t mean you can do anything you want with it if you intend to sell it. You can’t put poison in it, you can’t sell asbestos. There’s tons of regulations about what you are allowed to do to products sold.

Dude, save those big brain ideas for small talks. Don't give those silly managers ideas to keep them employed.