I explained this somewhere else bu I'll repeat for those who are not as smart as I am :)
As Abacab mentioned you cannot own multiple copies per Cakewalk account. And even so if you want to give this to someone else they should be using a different cakewalk account. You certainly don't want to be handing out passwords to anybody, even your dog.
So what you need is 2 things.
Another Cakewalk account, which to create also requires
another e mail address. Cakewalk accounts are what we use to log on to this forum and you don't need to have ever purchased anything to belong. You can even open an account using your friends name or Bozo the clown, don't matter.
You can have as many copies of this as you have Cakewalk user log ons. I have 3 because I forgot a password and the email I had used was no longer. Later on I found my password That's my johnnyv which is pretty obvious that it's the same person. I also have an alias I created one day just for fun. I leave you to figure that one out :)