A license may be revoked or suspended by the commissioner for a violation of:
(1) Any of the provisions of KRS 438.305 to 438.350;
(2) Any administrative regulation of the department relating to the regulation of the manufacture, sale, and transportation of alternative nicotine products, tobacco products, or vapor products;
(3) Any administrative regulation of the Department of Revenue relating to the taxation of alternative nicotine products, tobacco products, or vapor products;
(4) Any Act of Congress or any rule or regulation of any federal board, agency, or commission;
(5) Any of the laws, regulations, or ordinances referred to in this section when an agent, servant, or employee of the licensee committed the violation, irrespective of whether the licensee knew of or permitted the violation or whether the violation was committed in disobedience of the licensee's instructions;
(6) Any cause which the department in the exercise of its sound discretion deems sufficient; or (7) Any of the reasons for which the commissioner would have been required to deny a license if existing material facts had been known.